Supra’s DORA price feeds are now live on Canto Mainnet

Supra’s DORA improves the quality of data for dApps on Canto

Supra is excited to announce the launch of its DORA price feeds on the Canto Mainnet. These feeds allow dApps on Canto to access real-time data, facilitating informed decisions and improving app reliability and functionality.

Supra’s oracle services on Canto Mainnet reflect its dedication to innovation and dApp performance in the Canto ecosystem.

Supra Links Blockchains to Real-World Data

Supra Oracles’ Decentralized Oracle Agreement (DORA) is designed to bridge the gap between the deterministic blockchain and the unpredictable nature of real-world data. This tool is instrumental in collecting and authenticating external data, thus overcoming common blockchain challenges such as Byzantine faults. By integrating with Supra’s advanced Moonshot consensus mechanism and the dVRF, DORA enhances the security and efficiency of blockchain applications, particularly under fluctuating market conditions. 

The initiative to develop HyperNova further demonstrates Supra’s drive to push the boundaries of what its technology can achieve. DORA ensures that blockchains can interact with real-world information in a way that maintains the integrity and relevance of this data. This capability is crucial for the effective functioning of smart contracts and the broader Web3 ecosystem, focusing on critical aspects such as node consensus and transaction validity.  

Supra’s Oracles facilitate cross-chain interoperability and improve the functionality of Web3 applications. Through DORA, Supra offers a solution that validates and efficiently transmits data to support smart contracts, which combats issues like latency and network reliability. 

Canto Integrates DORA Price Feeds

Canto is a permissionless blockchain designed to advance decentralized finance by offering an accessible, transparent, and decentralized platform. It operates on the Ethereum Virtual Machine (EVM) and is secured by a Proof of Stake consensus via the Cosmos SDK.

Canto focuses on liquidity as a public good, resistance to rent extraction, and minimal user capture, promoting trading through third-party aggregators to ensure decentralization. 

The platform encourages a community-driven approach, where DeFi advocates can freely contribute to and expand upon its infrastructure without official channels or branding. 

This emphasizes its commitment to free public infrastructure in the DeFi space. Additionally, 

Oracle price feeds are integrated into the Canto network, ensuring top-level security for smart contracts with Supra’s DORA. These feeds are accessed directly as needed, providing flexibility and cost savings for on-chain interactions.

Innovate and Build the Future with Supra

Supra leads in developing decentralized Web3 services prioritizing scalability, security, and fast transaction settlement. Their developer toolkit offers extensive guides and technical whitepapers to facilitate tool implementation. Join Supra’s innovative journey to witness ongoing growth and innovation.

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