May 13, 2022 - 3 min read
SupraOracles is pleased to announce its collaboration with Synapse Network, the center of the new DeFi revolution. Synapse Network provides people with all of the tools they need to participate in the new DeFi age. The Synapse Network is a new type of financial organization that combines the greatest elements of traditional banking with the finest qualities of blockchain technology.
Synapse Network cross-chain integrations have resulted in a massive network of readily compatible projects, and because everything is on the same platform, new users can get started with only a few clicks. Synapse Network has already taken the initial steps, and the DeFi ecosystem is also joining the revolution.
Scalability is a problem without oracles, and interoperability is more expensive than it should be. SupraOracles will supply Synapse Network with new oracle toolsets as part of this agreement. SupraOracles focuses on high security, one of the Synapse Network’s fundamental foundations. SupraOracles and Synapse Network both believe in a truly decentralized network that puts the control in the hands of its users.
Michal Domarecki, CEO and Co-founder of Synapse Network, commented:
“With cross-chain technology, Synapse Network intends to revolutionize the cryptocurrency investment ecosystem. In addition, we’ve teamed up with a world-class company that supplies oracles and specializes in security. We’re excited to see what we’ll be able to do with their next-generation oracles.”
Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented:
“Our mission is to continue to provide innovative oracle solutions to developers and entrepreneurs so that their applications can realize their maximum potential. We’re excited about our new partnership with Synapse Network.”
SupraOracles aims to bridge the gap between traditional capital markets and the web3. Our primary goal is to deliver a new Oracle toolset to the developer community, allowing them to quickly build, deploy, and manage data applications with greater performance, robustness, and agility.
Our team comprises experts in consensus mechanism design, randomness research, real-time data services, investment banking, digital securities, traditional stock exchanges, big data, Ph.D. academics, big 4 consulting, blockchain/DLT, and DeFi.
SupraOracles wants to address the Oracle issue and eventually power the future of finance in partnership with our developer community and an expanding number of partners.
Synapse Network is building a cross-chain investment ecosystem based on blockchain technology that includes a launchpad as well as an investment and startup acceleration environment, integrating numerous high-value tools to form a complete Investment Syndicate ecosystem.
All projects launched through the Synapse accelerator and launchpad platform will be powered by Synapse technology, bringing the Synapse ecosystem to the public with easy smart contract integration, quick data collecting capabilities, and high-security assurances.
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