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Supra Partners #33 – SupraOracles helps Avem expand access to capital for promising DeFi products

November 03, 2021 - 2 min read

SupraOracles is partnering with Avem, a cross-chain DeFi protocol built on top of Kusama and the Polkadot ecosystem through the parachain of Shiden. Avem helps connect investors to DeFi and will offer different financial products built on a decentralized and interoperable environment such as a DEX and an accelerator platform. Investors and projects will be able to raise, exchange capital, and earn yield interests through its platform.

Avem is excited to employ SupraOracles’ fast and reliable price feeds. SupraOracles will also provide fast and accurate data on new promising projects, allowing Avem to quickly discover new opportunities. As Avem expands its offerings, SupraOracles will tailor its data solutions to meet Avem’s evolving needs.

Bernat Ferragut, CEO of Avem, commented: “SupraOracles will allow us to build our cross-chain DEX without the need of a bridge and having to pay gas with another crypto while exchanging within 2 blockchains.”

Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented: “Avem offers access to high-potential DeFi products. We’re excited to support this mission with our fast and reliable oracle solutions.” 

About SupraOracles

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. 

Join SupraOracles’ community:

Website | Twitter | Telegram | LinkedIn | Announcements | Medium

About Avem

Avem is the investor’s connection with the Polkadot and Kusama ecosystem through an accelerator platform (Launchpad) which has DEX and DeFi products built for cross-chain token pools and auctions, on a decentralized and interoperable environment built on top of the Shiden Network. Decentralized projects will be able to raise and exchange capital, and earn yield on crypto assets.

Through an ambitious roadmap focused on developing its core financial proposals, Avem pursues mass adoption by focusing on bringing the best projects to its platform and thus to the Kusama ecosystem.

Join Avem’s community:

Website | Twitter | Telegram | Medium | LinkedIn | Announcements



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