An interesting short Case Study-9:RedStone Oracles X Voltz
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Last updated
Last updated
In a game-changing collaboration, Voltz Protocol and RedStone are rewriting the DeFi playbook. Voltz, a powerhouse in leveraged interest rate swaps, flaunts $16.8 billion in notional trades and $11 billion in liquidity.
The challenge?
Off-chain SOFR rates. Enter RedStone, turning them on-chain and transforming Voltz's vision into reality.
RedStone's play?
Four essential data feeds straight from the NY FED API, making SOFR rates instantly accessible on Avalanche.
Why does it matter?
SOFR on Voltz bridges traditional and decentralized finance, marking a pivotal shift onto crypto infrastructure, as flagged by CoinDesk.
Exclusive chat with Simon Jones, Voltz Labs CEO: RedStone is the tech Avengers – robust, efficient, and quick. The integration? Smooth sailing from start to finish.
To sum it up, Voltz and RedStone are set to redefine DeFi, with more groundbreaking moves on the horizon! 🚀✨
