January 30, 2024 - 2 min read
Supra is proud to announce a new partnership with BeFi Labs, a leader in the CeDefi sector.
BeFi Labs combines the best of traditional and decentralized finance. Their focus on user-friendly solutions has simplified the trading of BRC20 tokens and Bitcoin ordinals.
In addition, it integrates with popular wallets like MetaMask, Unisat, OKX wallet, Leather wallet and more. It allows users to trade directly from their preferred wallets with zero fees. The platform is designed for lightning-fast transactions and eliminates the need for managing multiple wallets. Users can easily trade BRC-20 assets across CeFi, DeFi, and Web3 with a single tap.
BeFi Labs will leverage the oracle services of Supra to deliver an unparalleled trading experience. At the core of this partnership is the integration of Supra’s price feeds into BeFi Labs’ platform. These feeds offer real-time, accurate data, crucial for effective trading strategies and risk management.
Supra is renowned for its fast, reliable price feeds, robust security, and easy integration, making it an ideal match for them. Through this partnership, BeFi Labs will enhance its trading platform accuracy, providing users with up-to-date and precise market prices. This integration empowers users to make informed trading decisions, backed by the robust security measures of Supra.
Joshua D. Tobkin, CEO and Co-founder of Supra, commented:
“Their mission is to make BRC20 and Ordinals trading accessible and efficient. We’re excited to see how our oracle solutions will further enhance their platform.“
Supra aims to bridge traditional financial markets with Web3, offering a powerful cross-chain oracle to the developer community. The team’s expertise spans diverse fields, ensuring the creation, deployment, and management of data applications that are more agile, resilient, and efficient.
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BeFi Labs is at the forefront of the CeDefi movement, focusing on integrating Web3 users into the BRC20 ecosystem. Their platform stands out for its user-friendliness, zero-fee trading, and the integration of Zero-Knowledge proofs, ensuring a secure and efficient trading experience.
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