BOB announces joining Chainlink Scale program to drive BTCFi adoption of Chainlink data standards
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BOB announces joining Chainlink Scale program to drive BTCFi adoption of Chainlink data standards
BOB joins the Chainlink Scale program, launching Chainlink Data Feeds on its network, providing infrastructure support for the development of the Bitcoin DeFi ecosystem and accelerating the growth of the BTCFi industry.
Navigating Web3 tides with focused insightsOn August 5, the hybrid public chain project BOB (Build on Bitcoin) announced its participation in the Chainlink Scale program (Sustainable Chainlink Access for Layer 1 and 2 Enablement), launched by Chainlink, to drive ecosystem expansion and accelerate the development of the BTCFi industry.
In addition, as part of this initiative, highly reliable, secure, and decentralized Chainlink Data Feeds are now live on the BOB network. Developers can now leverage institutional-grade Chainlink Data Feeds to safeguard their project launches. This integration of Chainlink Scale into BOB will unlock new use cases for both ecosystems and inject fresh growth momentum into BOB’s Bitcoin DeFi ecosystem.
The Chainlink Scale program aims to provide essential infrastructure and special conditions for blockchain and Layer 2 development, offering developers low-cost, reliable Chainlink services to accelerate ecosystem growth and long-term adoption of BOB. As part of the program, Chainlink oracle nodes will deliver a wide range of Data Feeds—covering various asset classes from price data to solvency reserve proofs—and other critical oracle services. Earlier this year, BOB announced integration with Chainlink's CCIP protocol as its native cross-chain infrastructure standard, supporting USDC and now Open USDT.
BOB is a novel hybrid public chain secured by Bitcoin’s underlying security architecture: an Ethereum-based hybrid ZK Rollup, where all applications, assets, and transactions on the BOB network are backed by billions of dollars worth of staked Bitcoin. This unique model combines the strengths of both Bitcoin and Ethereum networks, providing the optimal gateway to Bitcoin DeFi and enabling Bitcoin holders to earn yield in the simplest and most secure way possible.
BOB chose Chainlink Data Feeds due to several key features, including:
- Highly reliable and secure infrastructure: Chainlink Data Feeds are supported by a network of independent, reputable, and geographically distributed node operators, ensuring high reliability.
- Non-manipulable, high-quality data sources: Data is aggregated from multiple authenticated premium APIs into verified answers, eliminating any single point of failure.
- Institutional-grade security: Sybil-resistant node operators run battle-tested and security-audited software that has operated for years, helping protect tens of billions of dollars in funds.
- Proven track record: Chainlink nodes and oracle networks have facilitated hundreds of trillions of dollars in transaction volume, consistently delivering timely price updates even during periods of extreme network congestion.
- High transparency: A robust and publicly available reputation framework along with on-chain monitoring tools enables users to independently verify historical performance of node operators and oracle networks, and view real-time prices.
"We are thrilled to join Chainlink Scale and collaborate with Chainlink to advance the BTCFi industry. We believe Bitcoin DeFi represents the biggest opportunity in a decade, and partnering with top-tier players like Chainlink is key to unlocking the trillion-dollar potential of Bitcoin yield markets. By adopting Chainlink data standards and making Chainlink data sources available on BOB, developers can now build highly secure and reliable markets at low cost, accelerating our ecosystem growth and significantly advancing our mission to bring Bitcoin DeFi into the mainstream," said Alexei Zamyatin, co-founder of BOB.
Johann Eid, Chief Business Officer at Chainlink Labs, stated, "BOB joining Chainlink Scale and adopting Chainlink standards marks a significant step forward for developers building high-utility on-chain applications, unlocking immense potential within BTCFi. By leveraging Chainlink’s infrastructure, BOB not only accelerates its own ecosystem growth but also contributes to the broader transition toward a global financial system powered by blockchain technology."
About BOB
BOB is the gateway to Bitcoin DeFi, enabling users to easily and securely earn yield on Bitcoin. BOB’s unique hybrid public chain model combines the strengths of Bitcoin and Ethereum, utilizing hybrid zero-knowledge proofs and billions of dollars in staked Bitcoin to secure all applications, assets, and transactions within its primary DeFi ecosystem. Native BTC access on BOB requires no wrapped BTC or custodial intermediaries, powered by the BitVM protocol. Additionally, users can one-click access multi-chain Bitcoin yields and redeem BTC across any chain. To date, BOB has received support from leading investment firms including Castle Island Ventures, Coinbase Ventures, Ledger Cathay Ventures, and IOSG.
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About Chainlink
Chainlink is a cornerstone of the blockchain industry, serving as the global standard for connecting blockchains with real-world data, other blockchains, government systems, and enterprise infrastructure. Chainlink has enabled hundreds of trillions of dollars in transaction volume across the blockchain economy, powering critical use cases in DeFi, banking, real-world assets (RWA), cross-chain applications, and more. It has been widely adopted by major financial market infrastructures, institutions, and top DeFi protocols, including Swift, Euroclear, Mastercard, Fidelity International, UBS, ANZ Bank, Aave, GMX, and Lido. Visit chain.link for more information.
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