September 15, 2021 - 3 min read
Metis is launching its portfolio of DeFi applications with SupraOracles as its newest infrastructure partner. Metis’ DeFi portfolio spans yield farming, prediction markets, DEXs, leveraged trading platforms, swaps, and more. Metis DeFi partners include Asteria, Bagels Finance, Oropocket/OpenDeFi, WOWSwap, HandleFi, Standard Protocol, SwapAll, and TotemFi.
SupraOracles will provide Metis’ DeFi applications with fast, reliable, and secure data feeds. Our data feeds are not limited to price feeds and will allow the Metis community to choose from a variety of data options. As the Metis ecosystem expands to include more applications and as these projects evolve, SupraOracles is ready to innovate alongside Metis to ensure this partnership leads advances in the DeFi industry.
Elena Sinelnikova, CEO of Metis, commented: “SupraOracles has demonstrated its commitment to innovation and reliability with its data feeds. With our roster of top-quality DeFi partners growing fast, we’re excited to partner with a provider of SupraOracles’ caliber.”
Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented: “We are thrilled to be supporting Metis’ DeFi applications with our reliable data feeds. As the Metis universe expands, we can customize our oracle services if any of the applications’ needs change.”
SupraOracles strives to bridge the gap between traditional capital markets and the Web3.0 ecosystem. Our 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.
Our 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 our developer community and growing list of partners, SupraOracles aims to solve the oracle dilemma and ultimately, power the future of finance.
Based on the spirit of Optimistic Rollup, Metis is building an easy-to-use, highly scalable, low-cost, and fully functional Layer 2 framework (Metis Rollup) to fully support the application and business migration from Web 2.0 to Web 3.0. Its scalable protocol supports a wide range of use cases, including yield farming, DEX trading, and powering the gig economy via DApps that offer cheap and fast micropayments.
Metis integrates the Decentralized Autonomous Company (DAC) framework within its Layer 2 infrastructure, a differentiating factor that makes it easy for any developers, builders, or community leaders to build their applications and communities. It also makes it easy to use pre-set tools to facilitate their development, manage collaboration, and enjoy the network effects of the world’s largest decentralized finance ecosystem, without the costs and bottlenecks normally associated with Ethereum. Metis’ goal is to make building DApps and DACs on its platform so easy to do, even total blockchain novices can do it in a matter of minutes.
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