The Telos Foundation has partnered with @redstone_defi , an industry-leading modular oracle service focused on delivering custom
05 Sep 2023, 15:03
The Telos Foundation has partnered with @redstone_defi , an industry-leading modular oracle service focused on delivering custom data feeds for the #DeFi community!
🌉 Why Oracles Matter
Think of an oracle like a messenger that brings news from the outside world into our blockchain space. They are the intermediaries that provide external data to smart contracts, making sure our smart contracts and apps are up-to-date, safe, and quick.
🎯 The Perks for Telos
Why should you care? Because teaming up with RedStone makes Telos even better! They're experts in data handling and will help our network do more cool stuff than ever before. With RedStone's advanced data storage and EVM-Connector, we're setting the stage for unprecedented innovation within the Telos ecosystem.
📊 All Types of Data
We're not just talking about simple info like prices. RedStone can bring all sorts of useful data into Telos. This opens doors for more advanced and secure apps on our platform.
🛠️ Easy Peasy Integration
Thanks to RedStone Classic's 100% Chainlink compatibility, our existing ecosystem partners can easily integrate RedStone feeds without a hitch.
📖 Learn More About RedStone
RedStone has been live on mainnet since January 2023 and is backed by top Web3 builders. For more info, check their website and documentation:
Website:
Docs:
Want to see what RedStone offers? Visit:
We’re beyond excited about this new chapter for both Telos and RedStone and can't wait for you all to benefit from it! We're united in our vision to make DeFi faster, more reliable, and decentralized. Here’s to advancing the global adoption of decentralized solutions! 🎉