• SupraOracles and Panther Protocol announced their partnership.
• They will introduce private and cross-chain DeFi solutions.
• The partnership will empower developers and users in the DeFi area.

SupraOracles, Panther Protocol, and SupraOracles reportedly collaborated to create cross-chain private and decentralized financing solutions (DeFi). The partnership will allow the DeFi industry to grow and provide the infrastructure needed to serve a worldwide audience. Both developers and users will benefit from this collaboration, which allows them to foster more innovation and competition in the thriving DeFi market.

@ZKPanther has a new partner! https://t.co/nKgIPSo4pq@SupraOracles provides a novel oracle toolset to build, deploy and manage real-time data applications.

This stack is a great choice for interchain environments because of its outstanding performance and agility.

Continue reading! $ZKP

— Panther Protocol (@ZKPanther) November 1, 2021

Panther Protocol joined forces with SupraOracles in order to establish a DeFi community with cross-chain capabilities. According to reports, since the technology gives developers a novel oracle toolset to build, deploy, and manage real-time data applications, Panther’s choice for SupraOracles is straightforward. Furthermore, this technology stack provides a high level of performance, flexibility, and robustness.

Panther Co-Founder and CEO — Oliver Gale noted,

SupraOracles is a partnership that is based on the requirement for flexible, low-latency and cross-chain Oracle services. DeFi will expand into institutional and high-value retail users. Compliance and speed are the key words of any successful team.

The visions of SupraOracles, Panther Protocol, and SupraOracles are aligned by the exploration of cross-chain operation. Interoperability is key to the DeFi world. Privacy also works together. Developers and users will thus be able enter an enhanced DeFi paradigm by combing the two.

On the other hand, with this partnership, SupraOracles will generate data service feeds custom-tailored to support Panther’s needs. Moreover, it will become the Trust provider for data types required for Panther’s Prover-Verifier mechanism — a vital cog on the machine for zero-knowledge attestations. Similarly, SupraOracles’ Multi Helix-Ledger (MHL) is extremely efficient in moving and accessing value between chains without compromising speed, authenticity, and security — thus, it will also be essential in the collaboration’s smooth operations.

SupraOracles Co-founder and CEO — Joshua D. Tobkin adds,

Panther Protocol’s unique value proposition is its ability to appeal to legacy financial institutions that want to protect user privacy while still abiding by regulatory requirements. SupraOracles was also created to bridge DeFi’s gap with traditional financial institutions. Our projects do not just match in technical terms, they also share the same vision of how important it is to welcome TradFi into DeFi.

Lastly, Panther Protocol will also commit to using SupraOracles’ cross-chain capabilities in the InterChain DEX for cross-chain alignment and data consistency. Panther added that this was an important step in enabling true interoperable and decentralized financial services. These Oracles can provide relevant information such as price feeds and complex financial data, among others.

It is clear that the partnership between SupraOracles and Panther Protocol has a bright future. At the moment, it is unclear how the future will play out for both of them.

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