The world of Decentralized Applications (dApps) took a step forward yesterday with the integration of Supra Oracles on the IOTA EVM. This collaboration promises to enhance the accuracy and timeliness of data used by smart contracts, paving the way for more robust and reliable dApps across various sectors.
For developers building dApps, access to real-time, dependable data is crucial. This data fuels everything from efficient decision-making in DeFi protocols to seamless user experiences and secure smart contract execution. The integration of Supra Oracles addresses this need by providing the IOTA EVM with a reliable source of data.
Supra Oracles act as a critical building block, strengthening the IOTA EVM’s resilience. By seamlessly feeding verifiable real-time data into smart contracts, developers now have a powerful tool to create high-performing and robust dApps.
As a first-party oracle service, Supra is dedicated to offering dependable and efficient solutions for dApps, encompassing Decentralized Exchanges (DEXs), lending protocols, and derivatives platforms. Notably, Supra boasts support for over 85 networks, including popular names like BNB Chain, Ethereum, and Optimism. Additionally, Supra ensures data availability by pushing price updates at sub-second intervals.
The integration of Supra’s oracle services brings significant benefits to the IOTA EVM. It adds redundancy to the system, guaranteeing uninterrupted uptime, a vital element for a thriving dApp ecosystem. This paves the way for developers to create innovative products and services, ranging from sophisticated trading systems to comprehensive financial platforms.
This collaboration unlocks a new frontier for multi-chain operations and cross-platform collaborations. By integrating Supra’s services, the IOTA EVM takes a significant step towards building a robust and thriving ecosystem for the next generation of developers, innovators, and dApp users.
