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Panther Protocol and Supra Oracles join forces To Enable Cross-Chain, Private DeFi -Breaking

by Mike Robinson

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Panther Protocol and Supra Oracles team up to enable Cross-Chain Private DeFi

SurpaOracles and Panther Protocol join forces in introducing cross-chain and private, decentralized financing solutions. Each party will contribute to the DeFi sector and provide infrastructure that can be used to reach a worldwide audience. This partnership will enable developers and users alike to increase competition in the booming sector.

Panther Protocol has partnered with SupraOracles in order to establish a private DeFi network that is cross-chain. SupraOracles’ technology offers developers an innovative oracle to develop, deploy, manage, and maintain real-time data apps. This is why SupraOracles became our partner. The technology stack is also extremely robust, agile, and performant.

The visions of Supraoracles and Panther Protocol align by exploring cross-chain operations. Decentralized finance can allow for privacy and interoperability. Combining the best of both, developers and users can enter a new DeFi paradigm.

Oliver Gale, Panther Co-founder and Chief Executive Officer comments:

The SupraOracles partnership was founded on the requirement for flexible, low-latency and cross-chain Oracle services. DeFi will expand into institutional and high-value retail users. Compliance and privacy will be the keys to success.
Through the partnership, SupraOracles will generate data service feeds custom-tailored to Panther’s needs. SupraOracles becomes the Trust provider for data types required to support Pantherś Prover-Verifier mechanism, a crucial cog in the machine for zero-knowledge attestations. Multi-Helix Ledgers (MHL) are extremely fast to access and move value across chains. This is without having to compromise speed, authenticity, security, or speed.

Panther will also commit to using Supra’s cross-chain Oracle (NYSE:) capabilities in the InterChain DEX for cross-chain alignment and data consistency. These Oracles are able to provide many pieces of critical data such as price feeds and complex financial information.

Joshua D. Tobkin, CEO and co-founder of SupraOracles, 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 with traditional financial institutions. So, our projects are not only compatible from a technical perspective, but also agree on the importance of welcoming TradFi into DeFi.”

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