We’re excited to announce that Zoth is officially joining the Chainlink BUILD program. As a part of BUILD, we aim to accelerate ecosystem growth and long-term adoption of emerging market real-world assets (RWAs) on-chain by gaining enhanced access to Chainlink’s industry-leading oracle services and technical support, as well as incentivizing greater crypto-economic security.
Our participation in BUILD furthers our integration with Chainlink, with added benefits of priority support from the Chainlink ecosystem, increased access to dApps needing yield from RWAs on-chain, and stronger incentive alignment between the Chainlink and Zoth communities.
We’re confident that through enhanced support, secure off-chain services, and the backing of Chainlink’s vibrant community, we can accelerate awareness of Zoth and realize the adoption of emerging market fixed income real yield on-chain.
Zoth: Merging Global Finance With DeFi To Empower Emerging Markets
Zoth’s mission is to empower businesses in emerging markets to more easily access capital to fuel their growth. By adopting Web3 technologies that help bring RWAs from emerging markets to the DeFi ecosystem, Zoth can help small businesses and entrepreneurs access the funding they need to flourish.
Why We Joined Chainlink BUILD
Zoth joined BUILD to maximize the benefits of security and reliability that Chainlink’s oracle infrastructure provides. As part of BUILD, Zoth will receive key benefits, including access to and integration of Chainlink Price Feeds, Proof of Reserve, and Automation, and access to new Chainlink product alpha and beta releases, among other benefits.
In exchange for these services, Zoth will make a percentage of its native token supply available to Chainlink service providers, including stakers, over time. These mutually aligned economic incentives enable both communities to support one another.
“We’re excited to join Chainlink BUILD to gain access to the industry-leading Web3 services and technical support needed to help us securely build products that bring RWAs from emerging markets to the DeFi ecosystem and drive financial inclusivity.
We look forward to continuing our collaboration together and we welcome the passionate Chainlink community into the Zoth ecosystem.” — Koushik Bhargav, Co-Founder & CTO
About Chainlink
Chainlink is the industry-standard Web3 services platform and has enabled trillions of dollars in transaction volume across DeFi, insurance, gaming, NFTs, and other major industries. As the leading decentralized oracle network, Chainlink enables developers to build feature-rich Web3 applications with seamless access to real-world data and off-chain computation across any blockchain and provides global enterprises with a universal gateway to all blockchains.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link. To discuss an integration, reach out to an expert.
About Zoth
Zoth is an ecosystem of solutions that bridges DeFi with real-world asset classes (RWAs). We aim to bring fixed yield real-world assets on-chain.
Zoth is building a DeFi infrastructure for users to lend directly to real-world borrowers in a decentralized permission-less model through consensus and provides liquidity infrastructure. This allows users to earn a fixed yield on cryptocurrencies without locking their assets.
Learn more about Zoth by visiting:
Web：https://zoth.io/
Lend Now: https://app.zoth.io/
Telegram：https://telegram.me/zothio
Twitter：https://twitter.com/zothdotio
