Paribus Seals Strategic Partnership with Charli3

PARIBUS is very excited to announce its data integration partnership with Charli3, which will leverage their oracle services to aid in our lending and borrowing protocols.

The realm of lending and borrowing within any financial structure is an integral function of the ecosystem as it is the cornerstone of user experience and growth within the space. PARIBUS will leverage CHARLI3’s oracle services in order to maintain accurate and trusted price feed data through its range of services for synthetics, and liquidity positions initially, and VR land and NFT sales in the future.

About Charli3

CHARLI3 is the first decentralized oracle solution for the Cardano network that interacts with resources outside of, and on, the Cardano blockchain. CHARLI3 is a powerful intermediary using smart contracts to interface with off-chain data in an efficient and decentralized manner. By being native to Cardano’s blockchain, it will have the lowest barrier to entry for functioning as the standard decentralized oracle of all Cardano based projects. CHARLI3 will be the clear choice for any project building on the Cardano blockchain.

About Paribus

PARIBUS is a first-of-its-kind cross-chain lending/borrowing platform on Cardano. With a dynamic interest rate algorithm, Paribus will unlock liquidity across chains through a range of crypto assets such as liquidity positions, synthetics, virtual land, and NFTs.

📰 INFO

https://medium.com/@paribus_io/paribus-partners-with-charli3-5fb84542fc54