July 18, 2023 - 2 min read
SupraOracles is thrilled to announce its partnership with Arrayfi, an omni-chain protocol revolutionizing decentralized asset management. Arrayfi is committed to simplifying application interaction and creating wealth while mitigating volatility.
Their algorithmic currency system draws inspiration from early projects on the algorithmic stablecoin track. That enables endless growth, market-driven progress, and a seamless user experience. With Arrayfi’s Layer 3 technology, they provide specific services required for blockchain applications, including composability, interoperability, and enhanced privacy.
Arrayfi has revolutionized its tokenomics, moving away from traditional governance tokens to focus on practical value for $ARA and $USDR. ArrayGo’s AI algorithm maintains stability for $ARA, while $USDR is a consumable token anchored to 1/4 the value of $ARA, exclusively minted through $ARA staking.
SupraOracles bridges the gap between traditional financial markets and the Web3 ecosystem, providing the developer community with a powerful cross-chain oracle toolset. SupraOracles’ powerful price feeds will be integrated into Arrayfi’s ecosystem, enabling a range of use cases such as staking, prediction games, and converting functions. Arrayfi’s projects will gain access to SupraOracles’ reliable and decentralized oracle services, ensuring the integration of real-world data into their applications.
Andy Jim, CMO of Arrayfi, commented:
“We believe in the transformative power of decentralized asset management, and this partnership with SupraOracles aligns perfectly with our mission. SupraOracles’ oracle services will enhance the reliability and security of our applications, bringing us one step closer to redefining the future of algorithmic currency.”
Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented:
“By joining forces with Arrayfi, we are strengthening the foundation of decentralized asset management. We are excited to provide our advanced oracle solutions and price feeds to empower Arrayfi’s algorithmic currency system and amplify the growth of their projects.“
SupraOracles combines traditional financial markets with Web3. Our goal is to provide a powerful cross-chain oracle to the developer community. SupraOracles enables interoperability smart contracts to guarantee the future of financial markets by integrating real-world data into
public and private chains. The ability to create, deploy and manage data applications that are faster, more agile, and more resilient is also provided by this technology.
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Arrayfi is an omni-chain protocol focused on revolutionizing decentralized asset management. By redefining the potential of algorithmic currency, Arrayfi aims to simplify application interaction, avoid volatility, and create wealth. Their Layer-3 technology provides essential services for blockchain applications, enhancing composability, interoperability, and privacy.
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