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How did Pyth get trading firms, who are fiercely competitive, to work together to provide data to DeFi? The innovation of blockchain technology made this possible. Hear, @mdomcahill, CEO of @dourolabs, explain how Pyth is changing the financial landscape for both Web2 and Web3.

How did Pyth get trading firms, who are fiercely competitive, to work together to provide data to DeFi? The innovation of blockchain technology made this possible. Hear, @mdomcahill, CEO of @dourolabs, explain how Pyth is changing the financial landscape for both Web2 and Web3.

#DeFi
Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
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Pythian art of the week 🔮 👨‍🎨  danso1o, leaninjowler, @ThatSenorita, and @shaianeviana
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Pyth Network Weekly Recap 🔮 The pull oracle proves its scalability yet again, with four new chains helping builders leverage the best financial data for their DeFi protocol. Let’s dive into this week’s news: ⛓️ New Blockchains - @taikoxyz — an Ethereum-equivalent (Type 1) ZK-EVM, maximally compatible with Ethereum. No additional compiling, reaudits, or tooling needed. Everything works out of the box, guaranteed. - @SeiNetwork V2 — the first parallelized EVM. - @LayerN_Official — a novel Layer 2 network featuring custom VMs called XVMs, all powered by a shared communication and liquidity layer. 🤝 dApp Integrations - @LineDefiHub — an all-in-one DeFi hub enabling users to access seamless trading, lending, staking, and more on @Lineabuild. 💱 New Price Feeds - $SAFE — the governance token of @safe, an open-source and modular account abstraction stack. - $STONE — @Stake_Stone’s native LST, an omni-chain LST protocol bringing native staking yields and liquidity to Layer 2s. - $USDM — an ERC20 rebasing token by @MountainUSDM, with a redemption value pegged at 1:1 for primary customers. - $BODEN — a political meme coin from @boden4pres on @solana. - $SHDW — token of @GenesysGo, a decentralized data storage network built on @solana. 🏦 New Data Providers - @SynFuturesDefi — a leading perp DEX that creates an open and trustless derivatives market by enabling trading on anything with a price feed anytime. - @alphanonce — a technology-driven trading firm, operating various quantitative strategies. Alphanonce has established a strong track record with 6 years of consistent performance. See you next week 🔮
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And then we told them… ‘Push oracles are better than pull oracles!’
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The Pyth Network is excited to release its SHDW/USD price feed. $SHDW is the token of @GenesysGo, a decentralized data storage network built on @solana. The Pyth SHDW/USD price feed is now available on more than 50 blockchains.
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Wishing a glorious Pythday to all DeFi builders Pull, don’t push 🔮
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