OpenLeverage and Berry Data Enter Community Partnership
We are excited to announce our community partnership with Berry Data.
Berry Data is a transparent community-verified price oracle on the BNB Chain and will integrate into OpenLeverage’s ecosystem.
OpenLeverage and Berry Data will cooperate on marketing strategies and hold community-based events and campaigns to increase brand awareness.
About Berry Data
Berry Data is a transparent community-verified price oracle on BSC (Binance Smart Chain). Berry Data provides a trustless and decentralized alternative for off-chain data. It also provides the infrastructure for decentralized applications to query off-chain data by properly incentivizing miners to provide data.
Berry Data is an oracle system where parties can request the value of an off-chain data point, and miners compete to add this value to an on-chain data bank, accessible by all dApps on the Binance Smart Chain (BSC). A network of staked miners secures the inputs to this data bank. BERRY utilizes crypto-economic incentive mechanisms, rewarding honest data submissions by miners and punishing bad actors, through the issuance of Berry’s governance token, BRY, and a dispute mechanism.
About OpenLeverage
OpenLeverage, a permissionless lending and margin trading protocol, is deployed on Ethereum and the BNB Chain, with future multi-chain deployments planned. The permissionless design of the protocol allows users to launch a leverage trading market for arbitrary trading pairs, integrating with the liquidity provided on decentralized exchanges. OpenLeverage provides a permissionless, decentralized, scalable, and secure leveraged trading facility that serves the long tail and fast-growing DeFi market.