September 06, 2022 - 2 min read
SupraOracles is partnering with Stage Fi, the next generation of applications built on Polygon. Stage Fi aims to invest in and accelerate projects built on Polygon.
The Polygon network is secured by Stage Fi’s validator and delegator nodes, which distribute staking rewards throughout the community. Stage Fi is developing an Index that will first include the top 10 projects on the Polygon ecosystem according to market cap. Then, it enables new initiatives to produce tokens, NFTs, vesting, liquidity pools, and agricultural yields.
On Polygon, Stage Fi enables the creation of pre-audited tokens without technical expertise. In addition, stage Fi creates a trustworthy environment by allowing LP suppliers to lock generated LP tokens for a set amount of time.
$STAGE is the Stage Fi utility token. Users will have early access to private sales, airdrops, and $STAGE yield by staking $STAGE. In addition, investors can also vote on choices about early investments, the staking program, and index rules across the Polygon ecosystem.
Through this partnership, SupraOracles will assist Stage Fi in price tracking by providing data feeds.
Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented:
“They are supporting the Polygon ecosystem as well as Polygon projects’ long-term, sustainable growth. We are pleased to assist them in efficiently achieving their objectives.”
SupraOracles connects traditional financial markets to the web3 environment. Our mission is to empower the developer community by providing a strong cross-chain oracle. SupraOracles integrates real-world data into public and private chains, enabling interoperable smart contracts to safeguard the future of financial markets. It also gives developers a toolbox for designing, deploying, and managing data applications that are faster, more agile, and more resilient.
Stage Fi is a next generation of applications built on Polygon designed to accelerate and invest in Polygon ecosystem projects. They will bring the structural integrity of traditional finance to DeFi, powered by a first-of-its-kind funding mechanism.
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