1/7🧵 @PythNetwork is a new next-generation oracle solution being developed for #Hifi to #DeFi data transfer.
#Pyth#defi#finance#crypto#Pyth#blockchain
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It is created by the biggest names in the field of traditional finance and #DeFi with the goal of providing infrastructure for #DeFi to support the significant growth of the market
The #Pyth Publishing Network is a unique approach to building a pricing oracle that provides high accuracy and real-time reliability.
#PythNetwork#PythLove#PythData2/5 One of the key features of this network is that it allows data providers to become owners or creators of their data, which ensures maximum timeliness and accuracy of information
1/4 Using the @PythNetwork , some of the biggest names in TradFi and #DeFi have created a dedicated oracle network that provides infrastructure for #DeFi using reliable, institutional market data.
#pyth#PythNetwork#DeFi2/4 #Pyth focuses on continuous real-world and cryptocurrency-related market data coming off-chain and streaming data at sub-second intervals. This provides more accurate, reliable and faster data for decentralized financial applications. #pyth#PythNetwork#Defi