According to CoinDesk, Switchboard, a permissionless and customizable oracle network, has introduced its new Oracle Aggregator. This tool allows users to aggregate data across multiple oracle networks, including Chainlink and Pyth Network, enhancing the security of decentralized applications (dApps) against price manipulation attacks. The new user interface reduces the need for gas-intensive operations and increases data integrity. It also provides developers with greater autonomy to select specific data sources and exclude those that do not meet their standards.
In other news, Pichi Finance, a trustless points trading protocol, has raised $2.5 million in a seed funding round led by UOB Venture Management, Signum Capital, and Mantle Network. The investment will be used to target new points programs, create vaults for earning yield and points together, and expand to other Ethereum Virtual Machine (EVM) chains. Pichi Finance aims to unlock the value of points through a trustless marketplace for trading rewards. Their ERC-6551 account solution addresses the issue of points being tied to individual accounts, allowing users to securely and easily trade points.
Additionally, Daylight, a decentralized protocol focused on enabling 'virtual power plants' using distributed energy resources (DERs), has launched a testnet and raised $9 million in a funding round led by a16z. Other participants include Framework Ventures, Lerer Hippeau, Lattice Fund, and Escape Velocity. The Daylight ecosystem consists of three core components: the Daylight Protocol, an on-chain platform for distributed energy capacity and energy data; the Daylight Marketplace, which simplifies and standardizes distributed energy upgrades for homeowners and small businesses; and the Daylight App, a central hub for connecting energy devices and managing rewards through a digital wallet.
