Paralink Network continues its mission to offer a multi-chain oracle platform for DeFi and other blockchain applications. We are looking forward to meaningful collaborations with leading DeFi projects to better and more significant impact in revolutionizing the nascent decentralized economy.

In this blog post, we want to give you a quick overview of established partnerships so far.

Darwinia

As part of our short-term integration, Paralink plans to deploy Paralink EVM oracles on Darwinia Virtual Machine (DVM) and add Darwinia Pangolin as a supported platform.

Developers building for the Darwinia platform will integrate Paralink Oracle into their DeFi smart contracts with ease and establish the oracle services economy using Darwinia's native token.

Read more about this partnership here.

Plasm

Paralink picked Plasm as a primary smart contracts platform for developing our Wasm-based oracle solution. We contributed to the ecosystem with our easy-to-use oracle solution.

Our oracle contracts use Plasm's native token for fees, which will make the adoption easy for everyone building their DeFi project on Plasm.

Read more about this partnership here.

Bondly

Paralink's oracles will optimize Bondly's product offerings, including BondSwap, Bondly's DeFi enabled Over-the-Counter (OTC) product that allows easy peer-to-peer digital asset trades.

This integration with Paralink will allow Bondly users to access on-chain price reference data and various other external data points to improve information quality for users of our products.

Read more about this partnership here.

Edgeware Network

Paralink oracles will be integrated into the Edgeware network, helping it acquire accurate, real-time data feeds. Thus, DeFi apps on the platform could deploy oracle for their cross-chain asset pricing and real-world data ingress needs.

Paralink will undertake a role as a validator in the Edgeware network. Paralink oracles will also use Edgeware's native currency (EDG token) for fees.

Read more about this partnership here.

Reef Finance

Paralink Network aims to synergize with Reef Finance by providing reliable and secure multi-chain oracle solutions leveraging the Polkadot Network.

With the Paralink-Reef partnership, the data fragmentation issue prevailing in the dynamic DeFi sphere will be addressed, reinforcing the extensive value of meaningful partnerships.

Read more about this partnership here.

Konomi Network

This partnership with Paralink will allow Konomi to utilize the multi-chain oracles and obtain reliable data sources and pricing for the assets in the platform.

Through this partnership, Paralink oracles will be integrated into Konomi's platform to get cross-chain asset pricing and real-world data for the money market starting from the DOT/KSM pair. The Oracles will also use Konomi native tokens for fees, thus making it a seamless integration.

Read more about this partnership here.

Knit Finance

Through this partnership with Paralink, Knit Finance will incorporate cross-chain oracles into its DeFi products, including a market-leading suite of DeFi products.

With Paralink integration, the Knit Finance team will use the cross-chain oracles to access secure and reliable price data on assets held within the platform.

Read more about this partnership here.

PolkaFoundry

This partnership will witness Paralink Network's oracle's integration into PolkaFoundry's top production hub to allow the developer community to access reliable and accurate data feeds.

PolkaFoundry will further employ Paralink's high-quality based randomness for the gaming, prediction, and lottery apps in PolkaFoundry's ecosystem. The integration will also create a seamless developer experience due to the high degree of intuitiveness employing the Paralink Query language.

Read more about this partnership here.

Litentry

This partnership with Paralink will allow Litentry to use the former's multi-chain oracles. The decentralized oracle will help Litentry obtain reliable data sources for the apps and assets in the platform.

Alongside that, Paralink will integrate Litentry's reputation computation services into their validator pool to streamline the curation process. The Paralink oracles will use Litentry's native token LIT for fees, making it a seamless integration.

Read more about this partnership here.

Raze Network

Through this collaboration, Paralink's oracles will ensure the accuracy of data sources obtained by Raze Network. On the other hand, Raze network will add an extra security layer for the Paralink Network and increase its privacy features for its users.

Read more about this partnership here. Β 

Deficliq

Through this collaboration, Paralink's oracles will be integrated with Deficliq's platform to ensure the accuracy of data sources obtained by its smart contracts. The on-chain consensus algorithm of Paralink provides a high-level accuracy of data that will ensure exceptional reliability in the platform.

Read more about this partnership here.

OpenDeFi

This partnership will allow the whole OpenDeFi network to utilize Paralink's multi-chain oracles and acquire reliable data feeds and pricing for the members and apps on the network.

Read more about this partnership here.

Genesis Shards

Paralink's oracles will play a key role in ensuring Genesis Shards platform acquires secure and reliable price feeds and help import real-world data from official and 3rd party sources.

Paralink also became a strategic partner of the Genesis Shards to forge relationships with early-stage DeFi projects in the GS ecosystem.

Read more about this partnership here.

Polkalokr

Through the partnership, Polkalokr will leverage Paralink's Oracle platform to provide accurate and real-time data feeds to ensure a reliable and efficient ecosystem.

With the benefits of Paralink's multi-chain oracle and integration with Polkalokr, its services will benefit from accurate, real-time data feeds.

Read more about this partnership here.

Xend Finance

This partnership will drive increased utility and bring mainstream adoption to the DeFi space. This partnership with Xend Finance will unleash the potential of DeFi by reinforcing the importance of accurate data in the ever-changing DeFi landscape.

This joint move will benefit both the platform users with real-time data feeds that are secured and reliable and with greater yields on their savings. Β 

Read more about this partnership here.

Sienna Network

Through the partnership, Sienna Network will use Paralink's Oracle platform to integrate and deliver price data feeds via "Secret Network," a blockchain designed to protect privacy and share other data through their platform for various networks.

As a result, Paralink has the advantage of real-time data feeds contributing to a reliable and efficient ecosystem for Sienna Network and increasing awareness of Paralink. Core in this is an ambition to prevent financial losses due to inaccurate price feeds.

Read more about this partnership here.

Our community can look forward to more incredible partnerships in the future. As always, we extend our deepest gratitude to them for always having our back in all our ventures.

Paralink Network offers a multichain oracle platform for DeFi and other blockchain applications. Applications that require the highest degree of security can use Paralink's on-chain consensus algorithm, running on Polkadot Substrate. Paralink's flexible node design allows developers to query for real-world events, sports, weather, random numbers and more. Developers can create custom queries using Paralink Query Language and connect smart contracts with traditional APIs within minutes.

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