Lithium Finance, a collective-intelligence pricing oracle to offer timely pricing on private, illiquid assets, today announced a new partnership with Beyond Finance, a decentralized platform for creating and trading synthetic financial products designed to suit the needs of the synthetic creator.
The partnership will let Beyond join a growing list of DeFi projects as one of the ‘Wisdom Seekers’ looking for pricing information on private and illiquid assets. Wisdom Seeker is a critical part of the Lithium ecosystem; using the native token of Lithium (LITH) as bounty to seek accurate pricing information.
Wisdom Nodes receive LITH tokens as a reward when they can provide accurate answers quickly.
Beyond + Lithium
“While many other oracles have been focusing on bringing pricing data of liquid assets into DeFi, Lithium sets its focal point on private and illiquid assets. We believe that’s where we can bring real assets into DeFi. We are glad that the Beyond team shares the same perspective; and together we will be able to bring new opportunities to the broader DeFi world.”
– David Lighton, Co-Founder of Lithium Finance
This collaboration could set an example of how to bring real asset exposure into the DeFi space by lowering access barriers of private assets for all DeFi users.
“The timing could not have been better. Even after releasing our mainnet, we were already looking at exploring other markets to offer to our community. Lithium will now play a key role for Beyond and its users to obtain and discover new illiquid private markets; otherwise thought inaccessible in a decentralized manner. This partnership will fundamentally start a movement to bring inaccessible valuation data for Beyond’s users, to price the unpriced; thanks to Lithium’s unique mechanism of being a collective-intelligence pricing oracle.”
– Jeremy Park, Head of Business for Beyond Finance
Lithium Finance, a collective-intelligence pricing oracle to supply well timed pricing on non-public, illiquid property, at the moment introduced a brand new partnership with Past Finance, a decentralized platform for creating and buying and selling artificial monetary merchandise designed to go well with the wants of the artificial creator.
The partnership will let Past be a part of a rising record of DeFi initiatives as one of many ‘Knowledge Seekers’ searching for pricing info on non-public and illiquid property. Knowledge Seeker is a important a part of the Lithium ecosystem; utilizing the native token of Lithium (LITH) as bounty to hunt correct pricing info.
Knowledge Nodes obtain LITH tokens as a reward once they can present correct solutions shortly.
Past + Lithium
“Whereas many different oracles have been specializing in bringing pricing information of liquid property into DeFi, Lithium units its focus on non-public and illiquid property. We imagine that’s the place we will carry actual property into DeFi. We’re glad that the Past crew shares the identical perspective; and collectively we can carry new alternatives to the broader DeFi world.”
– David Lighton, Co-Founding father of Lithium Finance
This collaboration might set an instance of how one can carry actual asset publicity into the DeFi area by decreasing entry obstacles of personal property for all DeFi customers.
“The timing couldn’t have been higher. Even after releasing our mainnet, we have been already exploring different markets to supply to our neighborhood. Lithium will now play a key function for Past and its customers to acquire and uncover new illiquid non-public markets; in any other case thought inaccessible in a decentralized method. This partnership will essentially begin a motion to carry inaccessible valuation information for Past’s customers, to cost the unpriced; due to Lithium’s distinctive mechanism of being a collective-intelligence pricing oracle.”
– Jeremy Park, Head of Enterprise for Past Finance