MINE Network Has Partnered With Kylin Network

Published on: 25.09.2021

The collaboration will make effort to prioritize and systematize on-chain revenue data transparency. The partnership will include strategic usage of automated data feeds, along with comprehensive cross-platform intercommunications.

MINE Network and Kylin Network will showcase the need for a truly decentralized data economy and its implementation into cross-DeFi eco-systems. MINE Network will seek to leverage Kylin’s highly secure and flexible oracle infrastructure to monitor on-chain revenue data to ensure transparency while utilizing their efficient fast-stream data feeds.

About MINE Network

MINE Network is the First Decentralized Multi-chain Hashrate Token Protocol that solves the liquidity problems of miners on chains, including but not limited to BTC, ETH, and LTC. They will be the first to use multi-chain functionality efficiently and employ hashrate-pegged tokens in cross-chain DeFi applications. In addition, staking their hashrate token (pTokens) will give end-users the tools to easily implement their own self-reliant profitable machineless mining configurations without all the expensive start-up costs or the environmentally hazardous outdated equipment.

About Kylin Network

Kylin Network is bridging the gap between the world and the blockchain by building a cross-chain platform powering the data economy on Polkadot. It will be the informational framework for the future of DeFi and Web 3.0. Kylin Network strives to provide sound, dependable, cost-effective, and synchronized data sources and statistical analytics, which will extend provisional data resources across all data types. Furthermore, their clever usage of Polkadot/substrate Framework will allow them to attempt to build the infrastructure data validation layer of Polkdadot and eventually onto the entire cross-chain universe.

➡️Source:
https://mineblockchain.medium.com/strategic-partnership-mine-network-and-kylin-network-f9fa322904eb

Market Stats:
BTC Dominance: 61.76%(+0.37%/24h)
ETH Dominance: 8.35%(+0.10%/24h)
Defi Market Cap: $79.26B(+9.70%/24h)
Total Market Cap: $2721.46B(+1.28%/24h)
Total Trading Volume 24h: $78.64B(+1.29%/24h)
ETH Market Cap: $227.02B
Defi to ETH Ratio: 34.92%
Defi Dominance: 2.81%
Altcoin Market Cap: $1040.66B
Altcoin Volume 24h: $50.17B
Total Cryptocurrencies: 34219
Active Cryptocurrencies: 10413
Active Market Pairs: 103475
Active Exchanges: 817
Total Exchanges: 10281
BTC: 84674.74$(-0.14%/1H)
ETH: 1882.48$(0.09%/1H)
AVAX: 19.34$(0.59%/1H)
BNB: 603.69$(0.09%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.67$(0.57%/1H)
DOT: 4.11$(0.74%/1H)
UNI: 6.17$(0.33%/1H)
CAKE: 1.87$(1.55%/1H)
SUSHI: 0.59$(1.37%/1H)
ONE: 0.01$(1.32%/1H)