Berry Data and KLend Partnership

Berry Data and KLend reached a partnership, KLend will integrate with Berry oracle and Berry Data will get lending supports from KLend.

About KLend

KLend aim to be the best on-chain lending platform, build distributed financial ecology, KLend is first DAO based decentralized lending protocol outside ETH, we use the over-collateralized mortgage lending model inspired by Compound coupled with the EPS style liquidity mining model empowers the capital utilization of DEFI-Ecology. And we have been actively laying out the plan of landing a decentralized crypto spot contract platform in the very near future.

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.

📰 INFO

https://medium.com/berry-data-official/berry-data-created-a-partnership-with-klend-403631480142