Been having conversations with a lot of cosmos protocols that are having to reduce scope drastically
They canβt get the right data to build what they want to
This is where @ojo_network will stand out
At @ojo_network we can power custom price feeds for almost all IBC assets in the @cosmos
I can't wait to bring custom feeds to other environments (think EVM) & see what the multichain does with them
The @ojo_network engineering team has been heads-down working on:
* New price feeder integrations to support more cosmos-native assets
* Reducing price delay from 30 seconds to 18 seconds
* Airdrop module for mainnet
* & lots more!
Watch out for our 2nd testnet soon π₯
Weβre upgrading @ojo_network and embracing the modular thesis pioneered by @Celestiaorg.
Equipping the modular ecosystem with secure, permissionless access to price feeds means deploying a rollup ourselves.
π§΅Hereβs a short thread on our experience building with @RollkitDev:
.@ojo_network will be a safety-first oracle for everyone.
Using our experience at
@umee_crosschain
we'll be able to provide safe alternatives to chains implementing their own oracle, reducing overhead and increasing security in the #cosmos.
More to come.
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π The @ojo_network team deployed the Historacle successfully on @umee_crosschain
βοΈ Next is a serious real-world example of the what @ojo_network will bring to the cosmos interchain
Be on the lookout for a new proposal on @umee_crosschain soon!
We continue with our commitment to power price feeds for popular LSDs in the @cosmos that no other oracle is able to provide
Big thanks to the different team members from @stride_zone, @JunoNetwork, & @Umee_CrossChain for organizing enough liquidity on osmosis to support this!
The price feeds for $JUNO, $stJUNO and $SCRT will start relaying to blockchains this week. π
π Keep an eye out for up to date data on JUNO in a chain near you!
In 2022, we saw:
π leverage on @Umee_CrossChain
π΄our oracle & price feeder were forked by some @cosmos chains (PMF)
π’ announced the launch of @ojo_network to provide oracle services to other chains
In 2023, weβll see:
π the first chains secured by @ojo_network
Had a great call with @MempoolsAPI earlier this week!
Liquidation warnings? Stablecoin depegs? Price spikes? @ojo_network price feeds will help them trigger notifications across the cosmos βοΈ
What is the philosophy behind @MempoolsAPI? π‘
We think Scenario Based Real-Time Alerting has many usecases on Archway, what is one that you can think of?
The Historacle will enable borrowing and lending of @stride_zone liquid staking assets on @umee_crosschain with Prop 42 - mintscan.io/umee/proposalsβ¦
This is a whole new way to classify & intelligently use pricing data. See it in action on Umee!
π The @ojo_network team deployed the Historacle successfully on @umee_crosschain
βοΈ Next is a serious real-world example of the what @ojo_network will bring to the cosmos interchain
Be on the lookout for a new proposal on @umee_crosschain soon!
In 24 hours:
78 external validators have been added onto our non-incentivized testnet, Sauron
Safe to say validators are anxious to provide pricing data for the #Cosmos π
This is HUGE! π
External validators are welcome to vote on the price of #IBC assets! π
Join our Sauron Testnet, and be part of @cosmos history!! ‡οΈ
sauron.ojo.network