Supra’s Oracle price feeds go live on the Mode Network

Supra price feeds will usher in a new era of data handling for Mode

Supra’s advanced decentralized Oracle price feeds are now live on the Mode Network. They offer accurate and reliable price data for DeFi projects.

The feeds provide real-time, secure, and precise asset price data. This ensures that dApps and smart contracts on the Mode Network can access the latest information.

Supra Enhances Blockchain Interoperability

Supra’s Oracle integrates real-world data with high integrity and fault tolerance. This is crucial for the functionality of smart contracts in Web3, leveraging Supra’s Moonshot consensus mechanism and distributed VRF for heightened security and efficiency, particularly in volatile markets. DORA resolves key Oracle network challenges, ensuring data from diverse external sources is accurate and reliable.

The initiative is pivotal in addressing Byzantine faults, focusing on consensus, agreement, and data validity among nodes. It’s a key component of Supra’s HyperNova initiative, which aims to establish a seamless cross-chain consensus without the need for bridges, enhancing DORA’s role in the blockchain ecosystem for data validation and sharing.

Supra’s Oracles extends capabilities of smart contracts by offering a distributed, low-latency oracle service that safeguards against data integrity threats. This integration into Supra’s innovative technologies ensures outstanding performance, network reliability, and effective market volatility responses. The anticipation of the HyperNova initiative underlines Supra’s dedication to pushing the boundaries of blockchain interoperability and secure data exchange.

Mode Integrates Supra Oracles Price Feeds

Mode is a Modular DeFi Layer 2 initiative to enhance the Optimism Superchain ecosystem. It aims to empower developers and users by enabling the creation of world-class applications, providing economic incentives such as Sequencer Fee Sharing and developer airdrops for contributions. 

Mode simplifies the deployment process for those familiar with EVM chains and offers substantial support for developers to scale applications and secure funding through Optimism’s $2 billion RPG Funding program. With the implementation of Optimism’s Bedrock upgrade, Mode boasts significantly reduced transaction fees, making it an attractive platform for deploying user-friendly dApps.

In addition, Oracle price feeds are now available for smart contracts on the Mode Network, ensuring high security. Mode developers can now pull price feed updates on-demand, providing flexibility and reducing costs for on-chain interactions.

Innovate and Build the Future with Supra

Supra is a key player in the Web3 space, emphasizing scalability, security, and fast transactions. It provides developers with rich resources, including guides and technical whitepapers for building projects.

Join the Supra Community:

Twitter | Telegram | LinkedIn | Announcements | Medium | Discord | YouTube