Apro Oracle is creating the data plumbing on which the decentralized finance relies. Smart contracts are good because of the inputs they get and otherwise nice logic is ruined by noisy feeds or delayed feeds. Apro specialises in providing chains and builders that desire predictable results with speedy verifiable market data and events off chain. The project is both transparency- and audit-focused and with the simplicity of integration so that teams can go through the process of prototype to production smoothly without resistance.
The reason as to why this is important now is not difficult. Chain systems are many that are based on events and price gateways. The lending system, the trading system and automation are unpredictable when the inputs are stale or inconsistent. Apro mitigates such a risk by pooling together various venues, generating evidence that data were supplied by the purported sources, and publishing low-latency feeds. The result is the clean composability across protocols, and less expensive liquidations as a result of bad data and clearer post incident forensics in the event that it does happen.
To teams value is expedient. Apro has modular API and adapters enabling protocols to replace key contract logic with oracle routes and liquidity sources plugging in. Integrations give back deterministic answers and verifiable evidence hence allows contracts to check inputs prior to execution. The strategy is a tradeoff between speed and integrity to ensure price points are based on actual time market. The token layer allows the alignment of stakes and incentives between node operators and data providers on a single layer and enhances stronger alignment between operators and the protocols that are dependent on operators.
It is operational resilient, which consists of a multiple data sources, fallback rules, and monitors to minimize single point failure risk. Open logs and open audit trails allow the integrators to substantiate historical feeds and investigating events. Apro is aimed at groups that require verifiable data that can be trusted, and does not require much integration cost. Talk about increasing the on chain trust and data quality standard in developer chats and you will find out that people at AproOracle are also discussing it. #APRO
This is infrastructure that is composable and not hyped. It tries to ensure unpredictable implementation becomes the norm so the builders may concentrate on the product rationale rather than childmind the input. A reliable data should not be visible, but rather critical, and that is what Apro is attempting to supply in the stack.$AT @APRO Oracle
