Lendr Network has unveiled its intention to integrate with the Chainlink BUILD program, aiming to advance their real-world asset (RWA) tokenization protocol and expedite ecosystem development. This collaboration will provide improved accessibility to Chainlink's established Oracle solutions, alongside technical support and promotion of cutting-edge crypto-economic security features. As part of their exchange duties, they will commit to offering network fees and added advantages to the Chainlink community, service providers, and stakeholders.

Lendr's mission is to revolutionize the finance industry by harnessing decentralized technologies, offering global financial options through transparency, innovation, and community involvement. Their goal is to provide a range of decentralized indexes and ETFs akin to those offered by major traditional financial institutions.

Lendr operates as a fully decentralized real-time asset tokenization protocol, creating RWA tokens backed by on-chain collateral representing various asset classes like indices, real estate, and commodities. Lendr Network enables users to utilize RWAs in DeFi, diversify portfolios, and hedge against inflation.

Choosing the Chainlink BUILD program allows Lendr to maximize safety benefits and reliability of Chainlink's Oracle solution. Lendr will leverage the program to access and integrate Chainlink Price Feeds, providing comprehensive market data. Additionally, features like Proof of Reserve for off-chain asset verification, CCIP for secure cross-chain interoperability, and integration with Chainlink's alpha and beta product releases will be included.

Lendr Network plans to allocate 4% of its native token supply to Chainlink service providers and stakers in exchange for their services.

Nathaji Metivier, founder and CEO of Lendr, believes that participating in the Chainlink BUILD Program will provide access to a premier framework, facilitating wider adoption of the tokenization protocol in the real world.

Chainlink is the industry benchmark for enhancing web credibility through decentralized computing platforms. It has facilitated significant transaction volumes by granting access to real-time data, off-chain computation, and secure cross-chain interoperability across all blockchains.

Lendr Network, as a fully decentralized protocol for RWA tokenization, empowers investors to enhance holdings, mitigate inflation, and utilize real-world assets in DeFi. It operates with synthetic tokenization and industry endorsement and is expected to see the RWA token market reach $10.9 billion by 2023.