Celo, the blockchain platform for decentralized financial systems, has announced its participation in Chainlink SCALE, a program aimed at accelerating the growth of emerging blockchain ecosystems. By joining SCALE, Celo hopes to enhance its ecosystem growth and pave the way for new use cases and applications. This partnership will also allow Celo to leverage Chainlink’s industry-leading decentralized oracle network, which provides secure and reliable off-chain data to smart contracts on the blockchain. With the support of Chainlink SCALE, Celo is well-positioned to continue driving innovation in the decentralized finance space and foster further adoption of blockchain technology.
Celo Joins Chainlink SCALE Initiative: Enhancing Ecosystem Growth
Celo has joined an initiative called Chainlink SCALE (Sustainable Chainlink Access for Layer 1 and 2 Enablement), offering developers access to low-cost Chainlink Oracle services and data. The program accelerates the growth of layer 1 and 2 blockchains, minimizing gas fees incurred by Chainlink nodes and covering operating costs with user fees of dApps. Celo developers will now be able to build fully-featured, highly efficient, and secure next-gen mobile apps on Web3, enabling long-term sustainability of the ecosystem. Joining the SCALE initiative will help Celo realize its goal of becoming a higher-utility, layer-1 network and giving developers access to an array of low-cost and reliable Oracle services for a more extended period.
Benefits of Chainlink SCALE Program
The Chainlink SCALE program helps in accelerating the growth of layer 1 and 2 blockchains, empowering developers with access to low-cost Chainlink Oracle services, and data. This program aims to ensure long-term sustainability for developers on the Celo ecosystem, promoting faster adoption of the regenerative ecosystem. By joining the SCALE initiative, Celo will offer its developers access to industry-leading Oracle services and data, minimize gas fees incurred by Chainlink nodes, and cover operating costs, enabling the next-gen of highly scalable mobile apps on Web3.
Maximizing Success with Chainlink SCALE
Celo’s participation in the Chainlink SCALE initiative maximizes the success of the project. Celo developers will benefit from access to reliable and low-cost Oracle services, enabling them to build sophisticated mobile apps that drive global Web3 adoption. The goal of the community in joining the SCALE program is to achieve long-term sustainability for Celo, and joining the initiative will help Celo achieve this goal. The array of low-cost and reliable Oracle services for a more extended period offered by Chainlink SCALE will allow Celo to build highly efficient, fully-featured, and secure next-gen mobile apps.
In summary, Celo’s joint initiative with Chainlink SCALE offers developers reliable and low-cost Chainlink Oracle services and data. The program accelerates the growth of layer 1 and 2 blockchains and offers access to in-demand, high-quality Oracle services, making way for highly scalable mobile apps on Web3. Joining Chainlink SCALE initiative is a major step for Celo towards achieving its goal of empowering app developers with low-cost and reliable Oracle services, minimizing operating costs, and building sophisticated mobile apps that drive global Web3 adoption.