SupraOracles partners with Glitter Finance to provide cross-chain liquidity

SupraOracles is collaborating with Glitter Finance to increase capital efficiency between blockchains. Glitter Finance aims to adopt a strategy of redeploying assets with a Solana bridge to allow the flow between chains. The idea is to create a synthetic version of the token on the destination chain while locking the original asset in yield farms. Glitter Finance is also developing an advanced investment platform that is sophisticated enough for experienced DeFi investors, yet intuitive enough for DeFi beginners.

SupraOracles will provide fast, accurate, and secure oracle solutions. such as price feeds, for Glitter’s platform to ensure its users are receiving the latest information to guide their investment decisions. In addition, with their multi-chain interoperability, they can quickly deploy updates across multiple chains for greater accessibility and ease of use. SupraOracles will also be helping Glitter Finance build cross-chain bridges across Algorand, Cudos, Polygon, and Solana.

David Dobrovitsky, CEO of Glitter Finance, commented:
“SupraOracles will provide up-to-date data for our traders while using the Glitter Bridge and the integrated yield pools within our platform. We are deeply excited to partner with SupraOracles based on the exceptional quality of their product, and advanced technology which they will offer our community.”

Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented:
“SupraOracles and Glitter Finance recognize the importance of cross-chain liquidity in driving decentralized financial markets. As Glitter Finance expands its offers and integrates with more chains, SupraOracles hopes to support Glitter’s mission by innovating alongside its team.”

SupraOracles strives to bridge the gap between traditional capital markets and the Web3.0 ecosystem. Their vision and driving mission is to empower the developer community with a novel oracle toolset so that they may conveniently create, deploy, and manage data applications with superior performance, robustness, and agility.

Their project is supported by seasoned professionals with experience in the architecture of consensus mechanisms, randomness research, real-time data services, investment banking, digital securities, traditional stock exchanges, big data, doctoral academia, big 4 consulting, blockchain/DLT, and DeFi.

Together with their developer community and growing list of partners, SupraOracles aims to solve the oracle dilemma and ultimately, power the future of finance.

Glitter Finance is a cross-chain bridge with integrated yield pools. Synthetic (or wrapped) tokens created by the bridge are integrated into the yield pools, giving traders a chance to create a profit while using the cross-chain bridge ecosystem. Glitter also aims to create a ‘one click’ platform by combining AI and machine learning into the platform.

Market Stats:
BTC Dominance: 57.32%(-0.03%/24h)
ETH Dominance: 12.68%(-0.10%/24h)
Defi Market Cap: $94.37B(-12.02%/24h)
Total Market Cap: $3148.73B(-3.80%/24h)
Total Trading Volume 24h: $239.71B(+4.71%/24h)
ETH Market Cap: $399.73B
Defi to ETH Ratio: 23.61%
Defi Dominance: 2.87%
Altcoin Market Cap: $1343.97B
Altcoin Volume 24h: $142.2B
Total Cryptocurrencies: 32436
Active Cryptocurrencies: 10222
Active Market Pairs: 91209
Active Exchanges: 762
Total Exchanges: 9631
BTC: 91192.73$(-0.43%/1H)
ETH: 3318.2$(0.5%/1H)
AVAX: 41.75$(-0.23%/1H)
BNB: 612.05$(0.12%/1H)
MATIC: 0.52$(0.59%/1H)
FTM: 1.07$(1.24%/1H)
ADA: 0.95$(1.07%/1H)
DOT: 8.04$(0.13%/1H)
UNI: 10.78$(0.14%/1H)
CAKE: 2.59$(-0.38%/1H)
SUSHI: 1.02$(0.67%/1H)
ONE: 0.02$(-0.21%/1H)