October 19, 2022 - 3 min read
SupraOracles is excited to partner with Matry Protocol, a cross-chain NFT creation and liquidity protocol. Matry powers the next-generation NFT 2.0 monetization, an automated NFT liquidity protocol. In Matry, users can create or back up powerful, DeFi-layered NFT collections.
The Matry NFT Framework can produce NFTs that have a distinctive, time-released, passive staking reward matrix. By allowing NFT buyers to purchase NFTs that yield residual rewards from a variety of price-pegged derivative assets, the Matry protocol increases on-chain liquidity.
Utilizing Uniswap V2’s pooling technology, Matry essentially builds an incredibly potent NFT production facility that can power the brand-new NFT 2.0 era. When a user owns an NFT powered by Matry, they can periodically stake their NFT assets, depending on the NFT and the particular DeFi configurations chosen by the NFT’s original creator.
SupraOracles offers extremely rapid and safe issue resolution. As a result, SupraOracles will allow Matry to provide high-quality NFT price feeds to guarantee smooth NFT transactions. The chain-independent oracle network of SupraOracles can build a cross-chain link so that NFTs will be interoperable across their ecosystem.
Kristopher Leo Ian, Founder of Matry Protocol, commented:
“By introducing a crucial new layer to the Web3 paradigm, the Matry protocol aims to revolutionize the NFT sector. We’ll strengthen the NFT economy and assist creators in adding huge intrinsic value to their NFTs. SupraOracles is a fantastic partner to have with us when the next-generation NFT market gets started – in addition to powering in-game rewards for our AAA-Quality interoperable Metaverse product, ChillVille”
Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented:
“We are pleased to stand alongside Matry Protocol as partners. SupraOracles is committed to providing these innovative new enterprises with blockchain oracle solutions. Their goal of giving NFTs a staking facility and liquidity should help keep the NFT market growing as a whole.”
SupraOracles is a platform that connects traditional financial markets with Web3. Our goal is to provide a robust cross-chain oracle to the developer community. SupraOracles combines real-world data with public and private blockchains, allowing for interoperable smart contracts to safeguard the future of financial markets. It also gives developers a set of tools for building, deploying, and sustaining data applications that are faster, more agile, and more robust.
Matry is a powerful cross-chain NFT creation and liquidity protocol. Through Matry, users can easily create standard, GameFi, and DeFi NFT collections via a simple, configurable creation UI.
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