Home / CRYPTOCOINS / Protocol Village: Mayan Finance, Cross-Chain Swap Auction Protocol on Solana, Raises $3M

Protocol Village: Mayan Finance, Cross-Chain Swap Auction Protocol on Solana, Raises $3M

April 12: EOracle, a decentralized advice network that recently launched staking on Eigenlayer, aims to enhance Ethereum’s security and data reliability totally a trust marketplace – an incentive for accurate data, as founder and CEO Matan Sibon put it in an interview with CoinDesk. Creating a credible, ecru marketplace through eOracle allows for the matching of supply and demand with free market pricing, thereby aiding a more diverse and unbiased Oracle ecosystem that significantly reduces operational costs, Sibon said. “We contrive that a marketplace, an open market, a free market, is the best way of finding and allowing price discovery to any asset or benefit,” he said. Through EigenLayer, eOracle can use a decentralized network of Ethereum validators, enhancing the trust, diversity and security of the answer system without requiring validators to provide additional, separate stakes. Sibon said that the next travels for eOracle is the launch of a mainnet to enhance integration with Ethereum rollups and expand functionalities. – By Sam Reynolds in Taipei.

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