Porkswap and BerryData Reached a Partnership To Integrate Berry Oracle
PorkSwap is a decentralized leveraged trading protocol that runs on top of Pancakeswap DEX based on Binance BEP20.
On July 27th, Berry Data and PorkSwap reached a partnership: Berry Data will assist PorkSwap Finance to integrate with Berry oracle. Porkswap is a DEX Platform that aims to offer future trading runs on top of BEP20.
About Berry Data
Berry Data is a transparent community-veriﬁed price oracle on BSC(Binance Smart Chain). Berry Data provides a trustless and decentralized alternative for off-chain data. Also, it provides the infrastructure for decentralized applications to query off-chain data by properly incentivizing miners to provide data.
Berry Data is an oracle system where parties can request the value of an off-chain data point and miners compete to add this value to an on-chain data bank, accessible by all dApps on Binance Smart Chain (BSC). The inputs to this data bank are secured by a network of staked miners. BERRY utilizes crypto-economic incentive mechanisms, rewarding honest data submissions by miners and punishing bad actors, through the issuance of Berry’s governance token, BRY, and a dispute mechanism.
About PorkSwap Finance
PorkSwap is a decentralized spot and futures trading platform built on top of Binance Smart Chain with a mission to democratize access to finance, which correlates with the idea of Decentralized Finance (DeFi). Most of current largest DeFi exchanges are focused towards spot trading and swap. However, a large chunk of the current finance system works on lending and derivatives. Porkswap aims to be the major disruptor in De-Fi space by bringing current financial products in decentralized fashion. We begin our journey with spot and futures trading.