SupraOracles

 SupraOracles is a next-generation cross-chain oracle solution designed to enhance the performance of smart contracts and blockchain applications by providing faster, more accurate, and secure off-chain data.

  

 

The platform integrates real-world data with public and private blockchains, enabling interoperable smart contracts that can safeguard future financial markets. citeturn0search6

     Features of SupraOracles:

• High Throughput and Low Latency: SupraOracles boasts a performance of up to 500,000 transactions per second (TPS) with sub-second consensus finality, achieved through its Moonshot Consensus and Tribes and Clans network architecture. citeturn0search0

• MultiVM Compatibility: The platform supports multiple virtual machines, allowing developers to deploy smart contracts written in various languages, including Move, EVM (Solidity), SolanaVM (Rust), and CosmWasm. citeturn0search0

• Native Oracle Services: SupraOracles provides integrated oracle services that deliver accurate and secure off-chain data with full finality in 600-900 milliseconds, eliminating the need for manual integration and reducing communication latency. citeturn0search0

• Supra Containers: These dedicated DappSpaces allow developers to create custom ecosystems with their own token economies, governance models, and local fee markets, fostering composability and shared liquidity across the Supra L1 network. citeturn0search0

Recent Developments:

• Funding and Valuation: In September 2023, SupraOracles announced the closure of a $24 million funding round, bringing its valuation to $120 million. citeturn0search5

• Mainnet Roadmap and Integrations: The company has released its roadmap to mainnet and has initiated over 550 integrations with Web3 projects, demonstrating its commitment to expanding its ecosystem and providing robust oracle solutions across various blockchain platforms. citeturn0search9

• Airdrop Initiatives: SupraOracles has launched several airdrop programs, such as the Supra Starcade, allocating 250 million SUPRA tokens to incentivize community participation and engagement. citeturn0search1

Community Engagement:

SupraOracles actively engages with its community through various programs and events, including the Blast Off program, which rewards participants with SUPRA tokens for completing tasks and missions. The platform also encourages referrals, offering stars and tokens to users who invite others to join and complete the KYC process. citeturn0search7

Market Presence:

As of January 2, 2025, SUPRA is trading at approximately $0.0375, with a circulating supply of 6.53 billion coins and a maximum supply of 100 billion coins. The token has experienced significant growth, with its all-time high reaching $0.071 on December 8, 2024. citeturn0search6

Conclusion:

SupraOracles is poised to play a pivotal role in the evolution of the Web3 ecosystem by addressing the limitations of traditional oracles and providing a versatile, scalable, and secure solution for integrating off-chain data with blockchain applications. Its innovative features, strategic partnerships, and active community engagement position it as a significant player in the decentralized finance landscape.

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