We& #39;re excited to announce the launch of Alpha Oracle Aggregator, with data from two of the largest data oracles providers, @BandProtocol and @chainlink, to ensure security, scalability, and flexibility. https://abs.twimg.com/emoji/v2/... draggable="false" alt="🛡️" title="Schild" aria-label="Emoji: Schild">

This launch will prepare #Alpha for the upcoming growth stage! https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚀" title="Rakete" aria-label="Emoji: Rakete">

https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">
We& #39;re excited to announce the launch of Alpha Oracle Aggregator, with data from two of the largest data oracles providers,  @BandProtocol and  @chainlink, to ensure security, scalability, and flexibility. https://abs.twimg.com/emoji/v2/... draggable=This launch will prepare #Alpha for the upcoming growth stage! https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚀" title="Rakete" aria-label="Emoji: Rakete">https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">" title="We& #39;re excited to announce the launch of Alpha Oracle Aggregator, with data from two of the largest data oracles providers, @BandProtocol and @chainlink, to ensure security, scalability, and flexibility. https://abs.twimg.com/emoji/v2/... draggable="false" alt="🛡️" title="Schild" aria-label="Emoji: Schild">This launch will prepare #Alpha for the upcoming growth stage! https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚀" title="Rakete" aria-label="Emoji: Rakete">https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">" class="img-responsive" style="max-width:100%;"/>
2/12 Oracle is one of the most important aspects in operating #DeFi protocols.

The rapidly changing and growing DeFi landscape has
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts"> increased requirements that DeFi projects have to fulfill and

https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts"> significantly impacted how #Alpha thinks about and adopts oracle solutions.
3/12 Alpha Oracle Aggregator will enhance security, scalability, and flexibility for #Alpha in a number of ways.

https://abs.twimg.com/emoji/v2/... draggable="false" alt="1⃣" title="Tastenkappe Ziffer 1" aria-label="Emoji: Tastenkappe Ziffer 1"> Expand cross-chain in a scalable way
https://abs.twimg.com/emoji/v2/... draggable="false" alt="2⃣" title="Tastenkappe Ziffer 2" aria-label="Emoji: Tastenkappe Ziffer 2"> Expand on #Ethereum with more security
https://abs.twimg.com/emoji/v2/... draggable="false" alt="3⃣" title="Tastenkappe Ziffer 3" aria-label="Emoji: Tastenkappe Ziffer 3"> Support more assets with more flexibility
4/12 https://abs.twimg.com/emoji/v2/... draggable="false" alt="1⃣" title="Tastenkappe Ziffer 1" aria-label="Emoji: Tastenkappe Ziffer 1">Expand cross-chain in a scalable way

Previously, decentralized applications (dApps) that expand cross-chain might have to integrate with multiple data oracles on multiple blockchains, which is inefficient & capital intensive.

How does Alpha Oracle Aggregator solve this?
5/12 The Alpha Oracle Aggregator will enable #Alpha ecosystem of #DeFi products to

https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts"> access verified data aggregated from up to three data oracles for a single asset

https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts"> access data from different oracles for different assets

As a result...
6/12 Once Alpha Oracle Aggregator is integrated with multiple data oracles, #Alpha can take Alpha Oracle Aggregator to deploy on other chains or L2s and continue to work with @BandProtocol and @chainlink seamlessly on the new chain/L2 without needing to set up new infrastructure.
7/12 https://abs.twimg.com/emoji/v2/... draggable="false" alt="2⃣" title="Tastenkappe Ziffer 2" aria-label="Emoji: Tastenkappe Ziffer 2">Expand on #Ethereum with more security

Typically, dApps operating on one chain using one data oracle do not have a backup if the oracle they are working with is temporarily unavailable or suffers from manipulation.

How does Alpha Oracle Aggregator solve this?
8/12 By aggregating data from multiple oracles, Alpha Oracle Aggregator ensures the output price is guaranteed to remain within a predetermined threshold of at least two sources, ensuring a consistent and reliable price feed at all times. https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔐" title="Geschlossenes Schloss mit Schlüssel" aria-label="Emoji: Geschlossenes Schloss mit Schlüssel">
9/12 https://abs.twimg.com/emoji/v2/... draggable="false" alt="3⃣" title="Tastenkappe Ziffer 3" aria-label="Emoji: Tastenkappe Ziffer 3"> Support more assets with more flexibility

The growth of crypto space, which leads to many new tokens entering the market, makes it difficult for a data oracle to quickly accommodate dApps’ requests to support more tokens.

How does Alpha Oracle Aggregator solve this?
10/12 Alpha Oracle Aggregator will allow #Alpha to access data for all desired assets from multiple oracle providers simultaneously.
11/12 All in all, Alpha Oracle Aggregator will ensure:

Security https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">
Flexibility https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">
Scalability https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">
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