Following approval from the Celo community, it’s exciting to announce that Celo is joining the Chainlink SCALE (Sustainable Chainlink Access for Layer 1 and 2 Enablement) program to help accelerate the adoption of Celo’s regenerative ecosystem. This initiative will help accelerate ecosystem growth and the long-term adoption of Celo by equipping Celo developers with low-cost, reliable Chainlink oracle data and services.How Chainlink SCALE Helps Accelerate Ecosystem AdoptionChainlink SCALE is an initiative centered around sustainably accelerating the growth of layer-1 and layer-2 blockchains. Its focus is providing L1s/L2s with increased access to high-quality, low-cost, and in-demand oracle services by enabling them to cover the operating costs (e.g., transaction gas fees) of Chainlink oracle networks for a period of time. As L1/L2s in the Chainlink SCALE program mature, the operating costs of oracle networks can increasingly transition toward being fully covered by dApp user fees.The Celo’s ecosystem’s participation in SCALE will maximize project success by increasing its developers’ access to industry-leading oracle data and oracle services and further minimizing the gas fees that Chainlink nodes incur when submitting oracle reports on Celo.
This deployment of resources will help the Celo ecosystem realize its vision of becoming one of the most high-utility mobile-first layer-1 networks while giving its ecosystem developers access to a wide range of reliable and low-cost oracle services for an extended period of time. This will set a foundation for Celo to be able to support secure, fully featured, and highly efficient next-generation mobile applications.“Our community’s goal in joining Chainlink SCALE is long-term sustainability,” said Xochitl Cazador, Head of Ecosystem Growth at the Celo Foundation. “Developers building on Celo now have access to Chainlink’s oracle services, enabling the next generation of highly scalable Web3 mobile applications. We welcome Chainlink to the Celo community and look forward to the continued growth and collaboration between our communities.”“We’re thrilled to have Celo join the SCALE program to support the growth and long-term adoption of its mobile-first, ReFi ecosystem,” said Niki Ariyasinghe, Head of Blockchain Partnerships at Chainlink Labs. “By reducing the operating costs of oracle nodes, Celo will be able to empower its developers to build more sophisticated mobile applications that help drive global Web3 adoption.”To learn more and connect with the Chainlink community, visit Chainlink’s official website, Twitter, Discord, or Telegram.It’s Finally Here: Celo Joins Chainlink SCALE was originally published in The Celo Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
Source : [It’s Finally Here: Celo Joins Chainlink SCALE](blog.celo.org/its-finally-here-celo-joins-chainlink-scale-27c26f6bcc2b?source=rss----291cc98479ad---4) by Celo Foundation - The Celo Blog by Celo Found