August 27, 2021 - 3 min read
SupraOracles is proud to announce that we will be providing oracle services for Swaperry’s new Prediction Trading product! Swaperry’s prediction trading platform will allow users to join pools and bet on asset price directions. This feature requires fast and secure oracles, which will be delivered by SupraOracles’ layer one native oracles. With Supra’s EVM compatibility, Swaperry’s prediction trading platform will receive data faster and experience relatively low latency.
The power of Swaperry’s partnership with SupraOracles is not limited to faster data feeds and low latency. As Swaperry grows and expands its offerings, it will take advantage of SupraOracles’ cross-chain capabilities to create custom integrations that enable new market exchanges and trading products. SupraOracles is dedicated to providing our partners with the best oracle experience on the market, which includes constantly developing integrations to help our partners stay on the cutting edge of innovation.
Phil Dang, CEO of Swaperry, commented: “SupraOracles is a natural choice for Swaperry as we work to build a highly robust prediction trading system. I’m grateful for the opportunity to establish this partnership.”
Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented: “We are looking forward to helping Swaperry deliver and expand on its exciting market exchange products. Our role is to help partners like Swaperry deliver on its vision.”
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.
Swaperry is a fully decentralized exchange for all things DeFi. One of our largest differentiators is our ability to innovate and bring about exclusive inventions not seen on other DEXes. Swaperry’s first product to be launched is a unique NFT-based prediction trading game that has gained significant traction recently. Our ambitious goal is to soon bring the stock market to our exchange, closing the gap between traditional finance and DeFi.
Most of Swaperry’s core technology is built on top of the Polkadot ecosystem, which offers scalability, noticeably faster transactions and cheaper fees. The project has raised $1.6m from well known investors in multiple funding rounds.
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