Bluzelle, a decentralized knowledge community, as we speak introduced its newest partnership with WasabiX, a cross-chain yield-backed artificial asset & AMM DEX platform. Bluzelle’s complete bundle of knowledge storage and oracle options offers ecosystem companions with a one-stop answer for his or her knowledge wants.
WasabiX + Bluzelle Integration
The subsequent era of decentralized monetary primitives will want knowledge in an effort to present higher safety and elevated safety to the customers. Particularly with the quantity of exercise on AMM-based DEX platforms, correct knowledge feeds maintain paramount significance.
Integration of Bluezelle into WasabiX will see the utilization of its decentralized knowledge storage options and oracle options. Bluzelle’s oracles are backed by its decentralized database that can simplify indexing pricing knowledge. This is without doubt one of the main use-cases that drives the elevated utility of its native BLZ token.
WasabiX will make the most of Bluzelle’s decentralized oracle for on-chain exercise involving minting, liquidation, sensible worth knowledge within the strategy of borrowing and lending; thus reinforcing knowledge accuracy on its platform. Bluzelle’s worth feeds will additional lengthen help to WasabiX’s artificial tokens.
Bluzelle’s safety infrastructure, tamper-proof knowledge options, and larger scalability are among the main features that create sturdy resilience in occasions of malicious knowledge threats or knowledge corruption throughout flash mortgage assaults.
WasabiX is a community-governed undertaking offering cross-chain yield-backed artificial belongings and an AMM-DEX platform. It operates on two chains together with Ethereum and Binance Sensible Chain. As a completely ruled group undertaking, the most important modifications to the protocol are backed by group votes.