APRO Oracle is a decentralized oracle network specifically designed for the Bitcoin ecosystem, providing secure, fast, and cost-effective data solutions. With a dual-layer network model (OCMP as the main layer and EigenLayer as the enforcement layer) and user challenge mechanisms, APRO aims to enhance data reliability for smart contracts. To develop its ecosystem, this project has established several strategic partnerships with other projects in the crypto world, including the following:
1. Solv Protocol
Solv Protocol, which has a financial NFT ecosystem and tokenized Bitcoin products with a Total Value Locked (TVL) of $2.2 billion, has partnered with APRO Oracle to enhance data security and integrity. This collaboration provides excessive data feeds for Solv BTC, reinforcing the infrastructure supporting their products after previously integrating Chainlink Proof of Reserve for real-time transparency.
2. Lnfi Network
In July 2024, APRO Oracle announced a strategic partnership with Lnfi Network to launch the first price oracle service based on the latest major version of Taproot Assets. The APRO price feed service will aggregate weighted prices from leading exchanges such as Binance and Ln Exchange, providing the most accurate and up-to-date information. This partnership combines the APRO price feed capabilities with the advanced Taproot Assets implementation from Lnfi Network, strengthening Ln Exchange's position as the primary liquidity layer for Taproot Assets.
In addition to the partnerships mentioned above, APRO Oracle continues to strive to establish collaborations with other projects to expand the reach and utility of its products. With a focus on the Bitcoin ecosystem and innovative oracle technology, APRO aims to become a vital bridge between real-world data and smart contracts in the crypto realm.
