Berry Data Partnered With Paprprintr Finance

Published on: 19.07.2021

With Berry Data and Paprprintr Finance both parties will work together on marketing expansions.
Berry Data will list Paprprintr Finance mining campaigns to Berry Radar.

About Paprprintr Finance

PaprPrintr is an algorithmic stablecoin running on the BinanceSmartChain and on the Polygon Blockchain. Inspired by BasisCash,bDollar, and other stablecoins that have been tried on different blockchains, its purpose is to get a stablecoin that will efficiently peg to a US dollar(pegged to 1 BUSD). The idea is to balance the total supply of PAPR through printing,the way a central bank would,but also by burning the supply when it is too high, thus sticking to the real demand.

About Berry Data

Berry Data is a transparent community-verified price oracle on BSC(Binance Smart Chain). Berry Data provides a trustless and decentralized alternative for off-chain data. Also, it provides the infrastructure for decentralized applications to query off-chain data by properly incentivizing miners to provide data.

Berry Data is an oracle system where parties can request the value of an off-chain data point and miners compete to add this value to an on-chain data bank, accessible by all dApps on Binance Smart Chain (BSC). The inputs to this data bank are secured by a network of staked miners. BERRY utilizes crypto-economic incentive mechanisms, rewarding honest data submissions by miners and punishing bad actors, through the issuance of Berry’s governance token, BRY, and a dispute mechanism.

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