The dynamic real-time price feeds and on-chain randomness from Supra are now live on the ApeCoin platform, ushering in a new era for GameFi.
Zug, Switzerland, May 16th, 2024, Chainwire
Supra As an industry leader in oracle data feeds and reliable randomness across a multitude of blockchains, Supra is excited to share its new allies within this evolving ecosystem. ApeChain With this integration, Supra becomes the pioneering protocol for oracle price feeds and verifiable randomness, being the first to launch on the innovative Layer 3 of Arbitrum.
The Distributed Oracle Agreement (DORA), designed by Supra, aims to enhance real-time data accessibility, improve functionality, and expedite decision-making for various decentralized applications within GameFi, DeFi, and beyond that are built on ApeChain. At the same time, the Supra dVRF offers a mechanism to produce decentralized and trustworthy randomness for ApeChain dApps, which is essential for maintaining transparent and fair outcomes in blockchain gaming, giveaways, and other areas that necessitate reliability.
Supra Delivers Crucial Data to dApps
By integrating these advanced oracle data systems, Supra significantly boosts the efficiency and security of smart contracts, enabling them to access crucial external data vital for the operation of Web3 decentralized applications. The innovative DORA protocol is crafted to address the complexities of efficiently validating and transmitting real-world data to blockchains that operate on deterministic principles, boasting over 475 active price feeds and an ongoing growth trajectory. With its robust security features, including resistance to Byzantine attacks and node collusion, the quality and integrity of the price feeds are assured while supporting various data models to meet the diverse needs of developers.
Supra is powered by the Supra Moonshot Consensus protocol, which brings blazing performance speeds and robust security guarantees to its data feeds. In its advanced global testing phase, the Moonshot Consensus protocol recorded 530K transactions per second throughput with 500 millisecond optimistic finality and 1.5–2 secs full block finality. Other unique features of Supra’s oracle data feeds include innovations such as archival for secure data storage, authenticity for accurate data verification, and aggregation for combining diverse data sources into a single, dependable information stream.
Cultivating trust with on-chain randomness that is verifiable.
Leveraging the strengths of DORA, the dVRF protocol from Supra addresses the challenge of providing unpredictable results for decentralized applications through a mechanism of decentralized randomness that's both trustless and verifiable. This capability is vital for developers of Web3 games, allowing them to ensure both the integrity and unpredictability of random results in any context that requires it, including competitions and prize draws. Utilizing Supra's state-of-the-art on-chain randomness generator means dApps can achieve randomization in a manner that is easily verified, boosting community confidence.
In this manner, the Supra dVRF ensures a supply of unbiased and unpredictable randomness, fulfilling a crucial requirement for dApps that seek to offer fair chances to all participants.
ApeChain is redefining standards in the GameFi sector.
ApeChain is an innovative Layer 3 (L3) solution established on Arbitrum that serves as a foundational hub for the thriving Ape community, promoting the development of ApeCoin. As a significant player in the Web3 environment bridging NFTs and gaming, ApeChain's carefully designed infrastructure is ready to support a variety of new game titles and protocols within the ApeCoin ecosystem, ensuring a seamless gaming experience.
The interest in ApeChain from GameFi and metaverse-oriented applications has surged, accelerating the need for trustworthy data oracles that deliver up-to-date off-chain data. Additionally, gaming platforms require verifiable on-chain randomness to ensure fairness in gameplay. With the integration of Supra's dVRF and oracle services, game developers are positioned to elevate their projects, creating enriched experiences with improved performance on ApeChain.
Supra is at the forefront of creating solutions through collaborations across all major blockchain ecosystems, now equipping ApeChain with Bridges, Oracles, Automation, and Randomization solutions. The ApeCoin DAO is excited about the groundbreaking innovations that creators will bring to life by using Supra’s premium tools for gaming, DeFi, and more!
— Hervé Larren, a member of the ApeCoin DAO Special Council and co-author of ApeChain.
By collaborating with Supra, ApeChain aspires to foster the widespread acceptance of GameFi, ensuring dependable data and building trust through guaranteed, verifiably fair outcomes.
About Supra
Supra Supra stands as the premier provider of oracle price feeds and verifiable randomness services across more than 80 blockchains, delivering high-quality, low-latency data and randomness across all areas of Web3 with strict security measures, supporting decentralized applications across various environments including EVM L1s, L2s, and L3s, as well as MoveVM and Bitcoin L2 chains.
Supra leads the charge in decentralized Web3 services, emphasizing scalability, security, and rapid transaction processing, enhanced by a comprehensive developer toolkit. extensive guides and technical whitepapers Join Supra in its journey to witness its evolution, innovation, and engagement with the community.
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Avishay Litani
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