Cardano gets his first Oracle integrator, but Ada falls back

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Von Krypto News Österreich

Am 6. April wurde Charli3 als erster Oracle-Integrator auf Cardano gestartet. Die Orakel der Plattform wurden von Liqwid, einem führenden DeFi-Projekt auf Cardano, integriert. Charli3 bietet ein dezentrales Knotennetzwerk mit dem Rahmen für Projekte, um ihren Plattformen und Benutzern sichere, genaue und sichere Daten bereitzustellen. Es könnte als die Cardano-Version von angesehen werden Chainlink. Liqwid ist ein auf Cardano basierendes algorithmisches Liquiditätsmarktprotokoll für Kreditgeber und Kreditnehmer. In der Ankündigung wurde darauf hingewiesen, dass dies eine große Sache für das Ökosystem sei: „Dies ist eine GROSSE Gelegenheit für das Cardano-Ökosystem als Ganzes und zeigt, dass Projekte dem kontinuierlichen Streben nach vollständiger …
On April 6th, Charli3 was the first Oracle integrator on Cardano. The oracles of the platform were integrated by Liqwid, a leading defi project on Cardano. Charli3 offers a decentralized node network with the frame for projects to provide your platforms and users secure, accurate and secure data. It could be considered the Cardano version of Chainlink. Liqwid is an algorithmic liquidity market protocol for lenders and borrowers based on Cardano. In the announcement, it was pointed out that this was a big cause for the ecosystem: “This is a big opportunity for the Cardano ecosystem as a whole and shows that projects are continuous striving for full ... (Symbolbild/KNAT)

On April 6th, Charli3 was the first Oracle integrator on Cardano. The oracles of the platform were integrated by Liqwid, a leading defi project on Cardano.

Charli3 offers a decentralized node network with the frame for projects to provide your platforms and users secure, accurate and secure data. It could be considered the Cardano version of Chainlink.

LiQwid is an algorithmic liquidity market protocol for lender and borrower based on Cardano.

In the announcement, it was pointed out that this was a big matter for the ecosystem:

"This is a big opportunity for the Cardano ecosystem as a whole and shows that projects follow the continuous striving for full decentralization on Cardano."

🎉integration🎉 #Cardanocommunity Shen/Usd and Ada/USD. Further feeds for Liqwid markets will follow. https://t.co/zb1jm8x6cb

-Charli3 Oracles 📍Live Free Ada/USD feeds (@oraclechharli3) 6. April 2023

Cardano oracle

According to Dwayne Cameron, co-founder of Liqwid, "is Charli3 Cardano's first decentralized Oracle infrastructure in the Mainnet. Cooperation with the talented developers who created this protocol, and their clear vision for the development of Cardano Defi were revealing and super motivating!"

In addition, Charli3 is now able to create exact on-chain oracle feeds, e.g. B. Prices for Shen/ADA. The next oracle price feed to be integrated will be ADA/USD.

LIQWID will use the oracle for calculations to create new loans, update security values ​​and to initiate liquidations for underground loans, it said.

The step creates more on-chain options for new projects to secure trust in the ecosystem, according to the announcement.

A few days ago, Liqwid said that it was the most frequently used Cardano Defi protocol of all times after transaction volume.

According to Dapps on Cardano, the leading protocol in relation to transactions is the NFT marketplace JPG.STORE.

Stakingrewards reports that Cardano is the second highest network for staking values ​​after Ethereum. It has a staking market capitalization of around $ 9 billion and a staking ratio of 66 %.

ada prices lack gloss

The ADA prices have not reacted much in the past few months and are struggling to exceed $ 0.40.

Ada fell by 1.7 % that day and, according to Coingecko, was traded at $ 0.38 at the time of writing this article. The asset has increased around 15 % last month, but is far behind Bitcoin and Ethereum in terms of price increases.

In addition, Ada is still painful 87 % below his all-time high of September 2021, while other crypto-assets begin to recover.

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