As the adoption of blockchain technology is growing in every part of the world, yield farming, NFT, swapping, and insurance together on one platform are major dealings Razor Network seeks for.
In my recent post Blockchain Innovation of a Truly Decentralized Oracles revealed how important networking/transacting on one chain why connecting with other chain is of high importance.
Razor Network Another Step Further
A few days back, Razor Network look more into how to creating a seamless experience for the end-user as different blockchain having different protocol causing a serious problem for users when dealing with a transaction fee. Being the creator of next-gen oracle systems for the DeFi market, the solution to DeFi problems is one of the targets and this is the reason Razor Network partner with Vortex as the latest partnership within the Razor community/project.
What Function is Vortex Set to achieve?
Vortex is a gateway to the world of DeFi, which brings all the DeFi instruments such as yield management, NFT, swapping, and insurance together on one platform, in other to create a seamless experience for the end-user. The partnership is set to further bolster its DeFi offering by providing reliable and tamperproof price feeds to Razor Network.
How Does It Work?
Vortex uses a model called the DeFi-as-a-Service model which combines, manage, and solve all DeFi needs from a single interface. The model acts as an investment management tool that allows users to interact with some of the best DeFi projects without switching between platforms or worrying about their underlying protocols.
In the integration process, Razor will receive the capability of securing a real-world price feed oracle to Vortex V-SWAP smart contracts which enable Vortex accurate prices for P2P crypto-asset swaps on the V-SWAP platform. What an amazing tech!
What Do You Need?
As a user or prospect on the Razor Network ecosystem, log in to the Vortex website and check the V-SWAP platform.
It is important to ask questions when you are not clear with the use case of the platform, do this by check out the official social media links below....