Folks Feed Oracle is now LIVE on @Algorand Mainnet!
FFO is the first free-to-use oracle on Algorand, supported by the @AlgoFoundation.
🪐 Explore feeds at https://t.co/9gQAZ21w70
📑 Complete documentation at https://t.co/cFAUb91L3O
Read 🧵 to learn more. #Algorand
New Price Feed Available: $tALGO
@tinymanorg’s liquid staking token is now live on Folks Feed Oracle, ready to be integrated across the Algorand ecosystem.
New price feed live on Folks Feed Oracle: $xALGO
@FolksFinance's xALGO is the primary liquid staking token on @Algorand that allows users to collect Staking Rewards while staying liquid in DeFi.
Integrate FFO & explore feeds at https://t.co/9gQAZ21w70.
New token price feed added to FFO:
- xUSD
Backed by various digital assets such as BTC, GOLD$, SILVER$, goETH and ALGO, $xUSD is the decentralized over-collateralized stablecoin issued by @CompXLabs.
Integrate Folks Feed Oracle & explore feeds at https://t.co/9gQAZ21w70
Folks Finance is relaunching xALGO as the primary Liquid Staking product for ALGO, aligning with @Algorand's upcoming new Consensus Reward model.
Enjoy simple, flexible access to rewards and help secure the network effortlessly.
Dive in ⤵️
https://t.co/vRFrRJPmIW
According to @coingecko, there are over 2.52 million cryptocurrencies in 2024 to date.
This feels like trying to find the one perfect avocado at the supermarket... but with a little higher stakes.
The struggle is real 🥑
They establish an upper boundary, ensuring that the prices of Meld Gold and Meld Silver remain reliably tethered to the market values of gold and silver, thereby fostering stability within our ecosystem.
New RWA price feeds added to Folks Feed Oracle:
- GOLD$ & SILVER$ by @meldgold
One Meld token is equivalent to one gram of the corresponding precious metal that is fully redeemable and securely stored.
Integrate FFO & explore feeds at https://t.co/9gQAZ21w70
The valuation of Meld Gold and Meld Silver is intricately tied to decentralized exchange pools, yet bounded by the real-time prices of their underlying assets—gold and silver. These underlying asset prices are sourced from Chainlink and MetalpriceAPI, serving as vital benchmarks.
New token price feed added to FFO:
- $EURS
EURS is the transparent euro-backed stablecoin issued by the European fintech company @stasisnet.
Integrate Folks Feed Oracle & explore feeds at https://t.co/9gQAZ21w70
GARD pricing is delivered by the Folks Feed Provider, which processes feeds based on available pools.
As pools cease to meet criteria, $GARD's price will be gradually brought to be updated to always $1. This shift will be permanent - no future pools will alter this course.
New Token Price Feed Added to Folks Feed Oracle!
- $wLINK (the wrapped version of @chainlink‘s native asset)
Chainlink is the Web3 services platform enabling access to real-world data, gaming, payments, and more.
Integrate FFO & explore feeds at https://t.co/9gQAZ21w70
We've just added a new token price feed to Folks Feed Oracle:
- $GORA by @GoraNetwork
Gora aims to make it easier to build dApps by providing developer tools to use real-world data and perform off chain computations.
Integrate FFO & explore feeds at https://t.co/9gQAZ21w70