Rollux and SupraOracles: A Strategic Alliance for a Decentralized Future

Rollux revels in our partnership with SupraOracles, a leading decentralized oracle solution designed for a multichain world. This collaboration signifies a major step towards enhancing the functionality and versatility of our platform, equipping users with a diverse array of new and necessary features.

SupraOracles is renowned for its high-performing blockchain infrastructure that powers the world's value exchange. They offer superior decentralization, scalability, speed, finality, and interoperability compared to other oracle solutions.

As part of this collaboration, SupraOracles has successfully tested their price feeds and Verifiable Random Function (VRF) on Rollux’s testnet and is prepared to be available on mainnet once it goes live on June 28, 2023. This integration can provide low latency (near real-time) reliable price feeds and VRF/RNG to projects on Rollux, enhancing the user experience and expanding DeFi and gaming use cases beyond those of other ecosystems..

In addition to the technical integration, we have already completed and continue to plan several marketing initiatives to promote this partnership. These include joint marketing efforts, side-event planning, and with more in the works.

We are also excited to announce that Syscoin Foundation is participating in SupraOracles’ SNAP (Supra Network Activate Program) by subsidizing fees for SupraOracles contracts , making live data very accessible on Rollux.

Our NFT Marketplace, Luxy, will also benefit from this partnership. SupraOracles' VRF functions will be integrated into Luxy, adding an extra layer of security and trust to our platform. Furthermore, SupraOracles' Price Feeds are set to launch on Pegasys after the Rollux Launch, providing real-time price data for DeFi projects and users.

We are confident that this partnership with SupraOracles will provide our users with enhanced functionality and a broader range of features. We are excited to see the new opportunities this collaboration will bring to our community.

About SupraOracles

SupraOracles is a decentralized oracle solution designed for a multichain world. They focus on building the highest-performing blockchain infrastructure to power the world’s value exchange. With better decentralization, scalability, speed, finality, and interoperability than other oracles, they are poised to shape the transition to Web3.

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About Rollux

Built by SYS Labs, powered by Syscoin, and fueled by $SYS. Rollux is an EVM-equivalent optimistic rollup that inherits the security of Bitcoin’s mining network and Syscoin’s Layer 1 finality and data availability. Rollux functions as Syscoin’s Layer 2 to help provide the unprecedented scalability necessary for an exponential increase of potential use cases, and sets the stage for realizing mass adoption. Rollux offers what no one else does: unmitigated security, speed, decentralization, and affordability.

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About SYS Labs

SYS Labs is a unicorn of unicorns, building the fundamental layers of true Web3, and connecting users, dApps, and assets to create seamless flows between ecosystems. SYS Labs creates the infrastructure, dApps, and tools necessary to meet the needs and desires of a global population, all backed by Bitcoin’s security and enhanced by Syscoin’s finality and groundbreaking L1 data availability solution, PoDA.

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Jun 22, 2023 by SYS Labs