Pyth Partnership with Serum and Burnt Finance

Published on: 29.05.2022
Pyth Network Partnership with Serum and Burnt Finance

Pyth Network, which delivers real-time, on-chain, high-fidelity market data, announced its partnership with Serum and Burnt Finance to Launch NFT Collection.

Partnership Highlights

To begin with, this partnership of Pyth with Serum and Burnt Finance is the first project to drop in the Serum NFT Ecosystem, The Pyth Alligators Collection.

This collection of 100 unique alligators generates using Burnt Finance Ignition Launchpad, and they will be launched and minted on Burnt’s NFT launchpad. Moreover, Pyth Network unlocks once-exclusive, real-world data and delivers it in real-time via an oracle to projects built using blockchains. Specifically, it opens valuable financial data that are often only accessible to select market participants.

Furthermore, this accurate, high fidelity, and low latency financial data are critical for securing the next generation of decentralized Finance.

Indeed, Pyth Network is making DeFi capable of everything that traditional Finance can do and believes that DeFi, at its full potential, can accrue trillions of dollars in TVL. DeFi needs the best data delivered trustfully, transparently, and reliably to get there, and Pyth aims to be the network to provide that.

About Holding a Pyth Alligator NFT 

In addition to being part of the Pyth Network community, holding a Pyth Alligator NFT will include access to Pyth swag rewards, future NFT drops, exclusive Discord channels, and priority access to special Pyth offline events. Holding a Pyth Alligator will also guarantee a better chance of winning a portion of the Serum NFT Ecosystem prizes.

Out of the 100 NFTs, 30 will be WL and 70 will be offered via a Public sale; 10 WL spots will be given directly to contest winners by Pyth, Serum, and Burnt.

Specifically, holders of various ecosystem partners will have the chance to win unique prizes. The Serum NFT Ecosystem will include several collections created by key partners in the Solana community.

However, Serum was the first to drop the Serum Surfers on Burnt’s Ignition Launchpad, a collection of 5,000 unique generative NFTs. Indeed, Pyth is next with their Alligator collection, and more partners are coming closely behind.

About Serum 

Serum is a protocol for decentralized exchanges that brings unprecedented speed and low transaction costs to decentralized Finance.

Website | Twitter

About Pyth

Pyth connects high-fidelity market data from the world’s largest professional traders and exchanges to any smart contract, anywhere.

Website | Twitter

About Burnt Finance

Burnt Finance, the first fully decentralized NFT auction protocol on Solana. Burnt allows users to take auctions into their own hands, enabling the minting and trading of any NFT in an entirely permissionless ecosystem

Website | Twitter

SOURCE

https://projectserum.medium.com/pyth-network-partners-with-serum-and-burnt-finance-to-launch-nft-collection-bd270f13281a

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