Cdot Receives a Grant for Native Integration of Chainlink on Solana
The Chainlink Community Grant Program provides financial resources to the many development teams and researchers building a more functional and accessible Chainlink Network. We encourage talented individual developers and development teams to apply to the grant program here, or if you are a researcher and want to collaborate, contact us.
We’re excited to announce that Cdot, a blockchain interoperability-focused development team, has been selected as a recipient of a blockchain integration grant to bring Chainlink to the Solana blockchain. As the winner of the recent joint Request for Proposal (RFP) cosponsored by Chainlink, the Solana Foundation, and Serum, Cdot is receiving a grant for a native Chainlink-Solana integration to enhance developers ability to build a wide variety of externally connected smart contract applications on the Solana blockchain. Meeting the demands of the Chainlink and wider smart contracts ecosystem has always been the utmost priority, and this grant represents direct financial support for projects wanting to build with Chainlink on Solana.
As part of the grant, Cdot will provide several key components to the integration, including:
- Validate and adapt Chainlink contracts to ensure native compatibility with Solana.
- Test and deploy all components to Solana, with continual maintenance and upgrades.
- Deliver a monitoring solution for Chainlink nodes operating on Solana.
Cdot is a Web3 infrastructure builder focused on blockchain interoperability, which they believe is the cornerstone of the next wave of blockchain innovations. The Cdot team is known for delivering cross-chain bridges and open-source software components to partners, granters and customers. Some of the notable infrastructure Cdot has already been contracted to provide technical services for include famous crypto protocols like Cosmos, Flow, PlatON, and now Solana and Chainlink.
Solana is a high throughput blockchain, offering a non-sharded, low-latency, high-capacity replicated state machine. Serum is a scalable and liquid decentralized exchange (DEX) built on top of the Solana blockchain. By integrating Chainlink on Solana, the Serum ecosystem gets access to a high-speed decentralized oracle that can be leveraged within a wide variety of DeFi products on its platform, and Solana developers have access to a multi-purpose generalized oracle solution for a multitude of use cases in DeFi, insurance, gaming, NFTs, supply chain, and more.
“We’re thrilled to be awarded a Chainlink Community grant to bring the Chainlink Network natively onto the Solana blockchain and support more advanced smart contract applications,” stated Louis Liu, CEO of Cdot. “With Chainlink providing the most expensive set of secure price oracles in the market, we’re confident that we can provide all Solana ecosystem developers with seamless access to their existing oracle networks for Price Reference Data, Proof of Reserve, VRF, etc, as well as their established framework for launching completely customizable oracle solutions. This allows Solana ecosystem developers and protocols like Serum to support high-throughput financial applications that ultimately propel the entire DeFi ecosystem forward.”
Through the Chainlink Community Grants program, we look forward to continuing to empower more and more Chainlink ecosystem teams and researchers who are both researching and building key tools and infrastructure that accelerate the development of universally connected smart contracts and secure oracle networks. We will continue supporting the community as a key driver of Chainlink’s rapid growth, because only together can we make universally connected smart contracts into the dominant form of digital agreement.
About the Chainlink Grant Program
If you want to learn more about the Grant Program, check out our recent blog post that further expands upon its goals and the criteria for submission. If you would like to participate in the Chainlink Grant Program, please apply here. Chainlink Community Grants are provided in Cash and/or LINK.