DBOE, a Fully Decentralized Exchange, Joins Chainlink BUILD

We’re thrilled to announce that DBOE is officially joining the Chainlink BUILD program. As a part of BUILD, we aim to accelerate ecosystem growth and long-term adoption of our fully decentralized exchange by gaining enhanced access to Chainlink’s industry-leading offerings including Chainlink Price Feeds and CCIP, along with expert technical support.

We’re thrilled to announce that DBOE is officially joining the Chainlink BUILD program. As a part of BUILD, we aim to accelerate ecosystem growth and long-term adoption of our fully decentralized exchange by gaining enhanced access to Chainlink’s industry-leading offerings including Chainlink Price Feeds and CCIP, along with expert technical support. In exchange for such greater cryptoeconomic security, we are committed to provide network fees and other benefits to the Chainlink community, service providers as well as stakers in the ecosystem.

We’re confident that through enhanced support, secure off-chain services, and the backing of Chainlink’s vibrant community, we can accelerate awareness of DBOE and drive the adoption of our groundbreaking on-chain order book, our safe risk management, and robust market making mechanism.

DBOE: Building The Future of On-Chain Infrastructure

DBOE’s mission is to build the future of on-chain, public exchange infrastructure with innate capability for non-linear products. Along with one of the most extensive crypto options suits on Polygon, we are now branching into spot trading on both Polygon and Ethereum. Our fully permissionless platform follows strict web3 principles, ensuring users can trade without pre-trade funding and receive tokenized Options positions or crypto assets directly in their wallets.

Why We Joined Chainlink BUILD

DBOE joined BUILD to maximize the benefits of security and reliability that Chainlink’s oracle infrastructure provides. As part of BUILD, DBOE will receive enhanced access to Chainlink Price Feeds, helping power robust options pricing and settlement. DBOE will expand our reach across multiple blockchains using Chainlink CCIP,  and enable future cross-chain collateral for DBOE market participants, among other benefits. 

In exchange for these services, DBOE will make 4.5% 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 and gain enhanced access to industry-standard oracles services and expert technical support. Underpinned by Chainlink’s hyper-reliable and advanced infrastructure, we’re building DBOE, a cutting-edge platform to support the future of on-chain trading and listing of new Products. We look forward to continuing our collaboration and we welcome the passionate Chainlink community into the DBOE ecosystem.” said Vinh Vu, Founder of DBOE.

About Chainlink

Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $10 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, offchain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors. 

Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link.

About DBOE

DBOE is the most comprehensive Crypto Options decentralized exchange globally. Our platform boasts cutting-edge features including an innovative On-Chain Order Book, secure risk management, and a robust market making mechanism. Recently, DBOE has expanded into Spot trading on both Polygon and Ethereum, leveraging our advanced infrastructure for Crypto Options. Recognized as the second best project by the Stanford Blockchain Accelerator program in 2023, DBOE has also been selected to join Google’s web3 startup ecosystem. 

Check us out: https://dboe.io

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