We're immensely proud to announce that @Ducatstable has integrated the @chainlink Runtime Environment (CRE) to power the first Bitcoin-native oracle.
A decentralised financial product needs a decentralised oracle solution. Ducat now stands as the first and only Bitcoin-native protocol to run its oracle natively on L1.
Most protocols claim to be non-custodial while running in-house oracles, creating a major trust assumption and resulting in full control of the true governing function: price.
If we want to appeal to Bitcoiners and build non-custodial finance on L1 then these trust assumptions are unacceptable.
At Ducat we strive to be as decentralised as possible and when we say non-custodial, we mean it. This partnership entrusts our oracle functionality to the industry-standard oracle platform: Chainlink
Chainlink has consistently driven decentralisation standards, from launching its decentralised oracle network in 2019 to introducing privacy tech like its recently announced Chainlink Confidential Compute.
Until now, that innovation has lived mostly in EVM ecosystems. This brings Chainlink's proven oracle platform to Bitcoin, extending its mission of open, verifiable finance to the world's most decentralised network.
For Ducat, this is yet another example of how we push Bitcoin harder and further than any protocol before us.
There is a massive opportunity to build primitives such as vaults, loans, stablecoins, and liquidations on Bitcoin L1 and Chainlink will now forever be a part of Bitcoin's DeFi history with Ducat.
Just Chainlink and Bitcoin script giving the world verifiable, decentralised, permissionless credit on L1.
20.69 k
219
El contenido al que estás accediendo se ofrece por terceros. A menos que se indique lo contrario, OKX no es autor de la información y no reclama ningún derecho de autor sobre los materiales. El contenido solo se proporciona con fines informativos y no representa las opiniones de OKX. No pretende ser un respaldo de ningún tipo y no debe ser considerado como un consejo de inversión o una solicitud para comprar o vender activos digitales. En la medida en que la IA generativa se utiliza para proporcionar resúmenes u otra información, dicho contenido generado por IA puede ser inexacto o incoherente. Lee el artículo enlazado para más detalles e información. OKX no es responsable del contenido alojado en sitios de terceros. Los holdings de activos digitales, incluidos stablecoins y NFT, suponen un alto nivel de riesgo y pueden fluctuar mucho. Debes considerar cuidadosamente si el trading o holding de activos digitales es adecuado para ti según tu situación financiera.