Matrixswap is very excited to announce our strategic partnership with Charli3, the first decentralized oracle solution for the Cardano blockchain.
As we move beyond our IDO and become the first perpetual swaps platform for the Cardano blockchain, connecting with some of the best in the Cardano ecosystem is an absolute priority.
As the premier decentralized oracle for Cardano, Charli3 will provide accurate and trusted price data services to our perpetual swap trading platform so that traders can know where the index market is headed at all times.
In our perpetual futures protocol, we are hard-pressed to ensure that when we import new markets for our futures trading market, there will be players willing to trade. Charli3 helps maintain that specific criteria are met for Matrixswap to create a market for, including indicators such as volume and accurate asset price.
Charli3 brings an experienced and dedicated team to help carry out this integration with our trading platform and help us optimize for user experience. Overall, we couldn’t be more grateful for these partnerships within several of these different blockchain ecosystems.
“The accuracy of oracle price feed is one of the most important foundation of Matrixswap protocol. We’re thrilled to be working with Charli3 as the main oracle provider for our Cardano deployment. The team at Charli3 have proven themselves to be the early pioneers in the Cardano ecosystem and we look forward to a long and fruitful relationship with them.” — Joseph Liu, Project Lead @ Matrixswap
CHARLI3 is the first decentralized oracle solution for the Cardano network that interacts with resources outside and on the Cardano blockchain. CHARLI3 is a powerful intermediary using smart contracts to interface with off-chain data efficiently and decentralized. Furthermore, being native to Cardano’s blockchain will have the lowest barrier to entry for functioning as the standard decentralized oracle of all Cardano-based projects. Thus, CHARLI3 will be the clear choice for any project building on the Cardano blockchain.
P.S. Special thanks to Steve Wilson for the awesome animated video graphic.
About Matrixswap ($MATRIX)
Matrixswap is a fully decentralized virtual-AMM-based perpetual swaps trading protocol deployed on the Polkadot and the Cardano blockchains. Unlike traditional AMMs, users can long or short any assets’ perpetual contracts with up to 25x leverage. Matrixswap aims to be a fully community-owned and governed Defi protocol.