Charli3 Forms Data Integration Agreement With P2P Finance.
CHARLI3 will be providing decentralized price feeds within the P2P FINANCE ecosystem
P2P FINANCE’s data integration with CHARLI3 will allow the P2P Finance team to focus on developing their key products instead of building their own oracle solution. A decentralized price feed will be provided by Charli3 for de-centralized liquidations for crypto borrowers and margin traders.
Moreover, Damon Zwarich, CMO of Charli3, has joined the advisory board of P2P Finance to share his expertise. Having a diverse marketing and academic background, Damon is leveraging those skills in a blockchain consultancy, and project development. His interprofessional collaboration and research experience are rare assets that are not seen very often in the industry. P2P Finance Team believes that being a top-level marketing executive, with various contacts in Cardano ecosystem projects, Damon will contribute to future partnerships and open doors within his network.
“The development progress is coming in and we see that our roadmap is long and challenging. The partnership with Charli3 allows us to focus on the benefits of the platform to the users and community. We are very happy that we found a solution to be able to speed up the progress and mitigate the risk of delays”, Christof Waton, Founder and CEO of P2P Finance
To further strengthen its technology development, P2P Finance will collaborate with a team of experienced developers to ensure an effective partnership with Charli3 oracle network and others. The team that has already been working on Charli3, and P2P Finance believes they can get more smart contract developers involved to speed up the process.
P2P Finance has recently updated their website and white paper, highlighting the features of the solution they are going to offer and the roadmap. The team will keep providing further status updates on the development process.
ABOUT P2P FINANCE
P2P Finance is the first DeFi Ecosystem on the Cardano blockchain that introduces affiliate incentives and brings transparency by utilizing decentralized price feeds to execute liquidations for margin traders on P2Pswap. Every action on P2P Finance is audited by partners and performed on the Cardano blockchain.
Charli3 is the first decentralized oracle being built on Cardano. This allows Charli3 to have all the benefits of existing successful oracle protocols while having the flexibility of a much more agile blockchain backbone. System proven features of Charli3 include: multi-oracle node consensus, forced node staking, utilizing the native token, multiple redundant oracle networks, a trustless network of systems to prevent Sybil attacks, aggressive node reputation, and validation.