Supra, a leading provider of Oracle data feeds and verifiable randomness across more than 80 blockchains, is excited to announce its integration with ApeChain. This integration marks the first deployment of an Oracle price feeds and verifiable randomness protocol on Arbitrum’s new Layer 3.
The integration of Supra’s oracle price feeds protocol, Distributed Oracle Agreement (DORA), with ApeChain will enable GameFi, DeFi, and other decentralized apps to easily access real-time data, enhance functionality, and make faster decisions. Additionally, ApeChain dApps can utilize Supra dVRF to generate decentralized and verifiable randomness, ensuring the integrity and transparency of random results in blockchain games, prize draws, and other situations that require complete transparency.
Supra plays a crucial role in empowering smart contracts by providing secure access to external data through its innovative oracle data feeds. With over 475 active price feeds and continuous expansion, Supra’s DORA protocol addresses the challenges of verifying and transmitting real-world data to deterministic blockchain networks. Its strong security measures, including resilience to Byzantine corruption, Layer-1 grade security, and protection against node collusion, provide reliable security assurances. Supra caters to various dApp requirements by supporting both push and pull models.
Powered by the Supra Moonshot Consensus protocol, Supra’s data feeds offer lightning-fast performance speeds and robust security assurances. During advanced worldwide testing, the Moonshot Consensus protocol achieved a throughput of 530K transactions per second with 500 millisecond optimistic finality and ~1.5-2 seconds complete block finality. Supra’s oracle data feeds stand out with additional capabilities such as aggregation, authenticity verification, and archival data storage, which combine diverse data sources into a trustworthy information stream.
In addition to its oracle price feeds, Supra’s dVRF protocol provides a trustless and verifiable solution for generating unpredictable results in dApps using decentralized randomness. This is crucial for Web3 developers who can leverage dVRF to ensure the integrity and unpredictability of random outcomes in competitive matchups and prize draws. Supra’s on-chain verifiable randomness generator enables dApps to generate random results easily, instilling community confidence.
ApeChain, built on Arbitrum, is a dedicated Layer 3 (L3) solution that aims to elevate the GameFi experience. Positioned at the intersection of NFT and gaming, the Ape community holds a significant role in the Web3 ecosystem. ApeChain’s specialized infrastructure is designed to support upcoming games and protocols within the ApeCoin ecosystem, delivering a seamless and efficient gaming experience.
GameFi and metaverse dApps have shown a keen interest in ApeChain, creating a demand for trustworthy data oracles that provide up-to-date off-chain data. Gaming apps also require verifiable on-chain randomness to ensure fairness. By utilizing Supra’s dVRF and oracle data feeds, game developers will be able to create more immersive experiences with improved performance on ApeChain.
Hervé Larren, ApeCoin DAO Special Council and co-author of ApeChain, expressed the intention to leverage the partnership with Supra to accelerate the widespread adoption of GameFi. This will be achieved by providing more reliable data and fostering confidence through verifiably fair results.