OMO Swap, A Cross-Chain Aggregation Protocol, Joins Chainlink BUILD
We’re excited to announce that OMO Swap is officially joining the Chainlink BUILD program. As a part of BUILD, we aim to accelerate ecosystem growth and long-term adoption of cross-chain swaps by gaining enhanced access to Chainlink’s industry-leading oracle services and technical support, as well as incentivizing greater cryptoeconomic security, in exchange for a commitment to provide network fees and other benefits to the Chainlink community and service providers, including stakers.
We’re confident that through enhanced support, secure offchain services, and the backing of Chainlink’s vibrant community, we can accelerate awareness of OMO Swap and realize the adoption of cross-chain swaps.
OMO Swap: No Liquidity Constraints and Zero Slippage
OMO Swap’s mission is to power cross-chain swaps with no liquidity constraints and zero slippage. By aggregating a large number of DEXs, we’re able to provide users with a wide variety of assets that they can swap cross-chain. Ultimately, we aim to become a key nexus in the growing multichain DeFi economy.
Why We Joined Chainlink BUILD
OMO Swap joined BUILD to maximize the benefits of security and reliability that Chainlink’s oracle infrastructure provides. As part of BUILD, OMO Swap will receive key benefits, including access to and integration of Chainlink Price Feeds to power a circuit breaker and Chainlink CCIP for cross-chain solutions, access to new Chainlink product alpha and beta releases, among other benefits.
In exchange for these services, OMO Swap 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 to gain access to industry-standard oracle services, technical support, and a robust cryptoeconomic model that empowers us to build cross-chain swaps with greater security assurances. We look forward to continuing our collaboration together and we welcome the passionate Chainlink community into the OMO Swap ecosystem.” — Matt Powers, Director of Communications
About Chainlink
Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $9 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. To discuss an integration, reach out to an expert.
About OMO Swap
Omo is a cross-chain aggregation protocol that currently works on and across 6 separate blockchains including Ethereum, Arbitrum, Optimism, Polygon, Avalanche C-Chain and Base chain. Through Omo, users can swap onchain and across chains with minimal slippage thanks to Omo’s powerful aggregators which connect to decentralized exchanges and their slippage-free cross-chain mechanism that uses $USDC as an intermediary.
OMO Swap’s mission is to power cross-chain swaps with no liquidity constraints and zero slippage. By aggregating a large number of DEXs, we’re able to provide users with a wide variety of assets that they can swap cross-chain. Ultimately, we aim to become a key nexus in the growing multichain DeFi economy.
