Description
Oracleswap is a decentralized exchange (DEX) on the Songbird Network, focusing on seamless token swaps and liquidity provision through automated market maker (AMM) technology. Users can trade directly from their wallets, maintaining full control over their assets. The platform features liquidity pools where participants can earn rewards, along with options for staking, yield farming, and governance participation. Prophet Token ($PRO), primarily distributed to liquidity providers on Oracleswap, features a 1% burn mechanism to curb inflation and offers a multi-staking system. As a key oracle data provider, Oracleswap utilizes a Machine Learning algorithm to deliver accurate price data, enhancing the DeFi ecosystem on both the Songbird and Flare Networks. Oracleswap emphasizes security and transparency, leveraging blockchain technology for a trustless trading environment.
Oracleswap is a decentralized exchange (DEX) on the Songbird Network, focusing on seamless token swaps and liquidity provision through automated market maker (AMM) technology. Users can trade directly from their wallets, maintaining full control over their assets. The platform features liquidity pools where participants can earn rewards, along with options for staking, yield farming, and governance participation. Prophet Token ($PRO), primarily distributed to liquidity providers on Oracleswap, features a 1% burn mechanism to curb inflation and offers a multi-staking system. As a key oracle data provider, Oracleswap utilizes a Machine Learning algorithm to deliver accurate price data, enhancing the DeFi ecosystem on both the Songbird and Flare Networks. Oracleswap emphasizes security and transparency, leveraging blockchain technology for a trustless trading environment.
