Avem Adopts SupraOracles as their Cross-Chain Oracle

Published on: 06.11.2021

Avem announced its partnership with SupraOracles as their cross-chain oracle.

With this new partnership, Avem will be able to leverage SupraOracles’ fast and reliable pricing feeds for its suite of DEX and DeFi products built on top of the Shiden network, enabling investors to obtain fast and accurate data on promising new projects, and Avem to discover new opportunities at the right time.

Furthermore, with this partnership, SupraOracles will generate custom data service feeds to meet Avem’s needs. Additionally, it will become the trusted provider for the data types required by Avem’s internal mechanism.

Similarly, Avem will use SupraOracles’ cross-string capabilities for cross-string alignment and data consistency. These oracles will provide relevant pieces of data such as pricing sources, complex financial information, and many others, vital for making sound decisions in the DeFi sector.

 

About SupraOracles

SupraOracles strives to bridge the gap between traditional capital markets and the Web 3.0 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.

 

About Avem

Avem is the investor’s connection with the Kusama ecosystem through a DEX and an accelerator platform with different DeFi products built for cross-chain token pools and auctions, on a decentralized and interoperable environment set up on top of the Shiden Network.

 

SOURCE:

MEDIUM

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