Mobile Blockchain Celo Joins Chainlink’s Scale Program
Mobile-first blockchain Celo has joined Chainlink’s Scale program, which gives it access to the data provider’s oracle services at a relatively low cost by paying with its own CELO token. More than 90 Celo community members voted in favor of joining the program while three voted against it. The Scale program was established to accelerate the growth of blockchain and layer 2 ecosystems by providing them with access to oracle services. Oracles enable Web3 systems to access off-blockchain data that can be used in smart contracts.
Benefits of Joining Chainlink’s Scale Program
By joining Chainlink’s Scale program, developers building on Celo now have access to Chainlink’s oracle services, enabling the next generation of highly scalable Web3 mobile applications. The Celo ecosystem has over 1000 projects, according to a Tuesday statement. Xochitl Cazador, head of ecosystem growth at the Celo Foundation, said in the statement, “Our community’s goal in joining Chainlink Scale is long-term sustainability.”
Celo Community’s Vote and Allocation of CELO Tokens
The Celo community voted in late March on a proposal to join the program, with 93 community members voting yes and three objecting. The community voted to allocate 5,980,314 CELO to the node operators, the entities that run the oracle infrastructure and help fetch data, to support Chainlink feeds on the Celo network over a three-year term.
Chainlink’s Recent Partnerships for Scale Program
Chainlink has been forming major partnerships lately for its Scale program. In February, StarkWare, a creator of layer 2 blockchain scaling systems, announced that it was joining the program.
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