CHARLI3 is very excited to announce our data integration partnership with PARIBUS, which will leverage our oracle services to aid in their lending and borrowing functions.
The realm of lending and borrowing within any financial structure is an integral function of the ecosystem as it is the cornerstone of user experience and growth within the space. PARIBUS will leverage CHARLI3’s oracle services in order to maintain accurate and trusted price feed data through its range of services for synthetics, and liquidity positions initially, and VR land and NFT sales in the future.
PARIBUS is a first-of-its-kind cross-chain lending/borrowing platform on Cardano. With a dynamic interest rate algorithm, Paribus will unlock liquidity across chains through a range of crypto assets such as liquidity positions, synthetics, virtual land, and NFTs.
CHARLI3 is the first decentralized oracle solution for the Cardano network that interacts with resources outside of, and on, the Cardano blockchain. CHARLI3 is a powerful intermediary using smart contracts to interface with off-chain data in an efficient and decentralized manner. By being native to Cardano’s blockchain, it will have the lowest barrier to entry for functioning as the standard decentralized oracle of all Cardano based projects. CHARLI3 will be the clear choice for any project building on the Cardano blockchain.