Happy tau day!
https://t.co/eAq1SRbKLP
Today I'll take a break from my break from twittering and do another twitter AMA.
Feel free to ask questions about any crypto or non-crypto topic. People I follow can reply (to minimize spam), everyone can quote, I'll check both!
TGE only happened a week ago, and @SUPRA_Labs team has already pushed a new product out - custom indices.
You can now create and deploy Custom Index price feeds on Supra L1.
Think of it as baskets of assets like the S&P500 or QQQ (Nasdaq). Except, Supra’s custom index feeds let you pick and choose which assets you want to put in your basket, set their weights or ratios, and create one representative price to track the basket’s value as a whole.
You can create your on-chain ETFs.
What I think people might miss is that because of native oralces, they have the lowest possible latency, and time to confirm prices from various data sets - basically immediate price finalization and zero block delay.
These native oracles are one of the reasons I even invested, so much more to be unlocked through them.
Market seems to agree, price ran up in a big way after initial post TGE claim sell pressure.
But as always DYOR.