Algorand cross-chain bridge platform Glitter Finance to utilize Algoracle data feeds.
02 Mar 2022, 08:00
Algorand cross-chain bridge platform Glitter Finance to utilize Algoracle data feeds
Algoracle, a decentralized oracle network built on the Algorand blockchain, announced today a partnership with Glitter Finance, a cross-chain bridge that allows the redeployment of a portion of locked tokens (collateral) on one chain into yield-generating vaults on another chain.
The Glitter Finance team will utilize Algoracle data feeds for its network on the Algorand blockchain. Starting with Algorand, Glitter Finance will integrate blockchain networks through its bridge, and its cross-chain interoperability ensures there will be sufficient yield farms listed on the platform at any time.