Chronicle’s mountainous theme continues as we welcome Dolomite as a new user of our decentralized and verifiable Oracle network. Dolomite has integrated our uniquely verifiable and cost-efficient Oracles to provide real-time price feeds for a variety of assets on Mantle, including ETH, mETH, MNT, USDT, USDY, wBTC, and more.
Using The Chronicle, Dolomite and its users can follow and analyze the reported price updates of every Chronicle price-feed Oracle, including the original data sources and the ‘trusted actors’ (validators) involved in gathering and submitting the source data.
This added transparency provides peace of mind to DeFi users that all elements of the protocol are performing as expected and the reported price data is in line with the broader market. Trust is a critical element in decentralized products, and there is no better way to reinforce that than through transparency and autonomous verification.
Via this integration with Chronicle, Dolomite is leading the way in raising the standards of trust and transparency in DeFi.
In addition to 9+ new price feed Oracles on Mantle, Dolomite has also integrated a wUSDM/USD price feed, powering the use of Mountain Protocol’s USDM as collateral on Arbitrum.
Quite an adventure lies ahead as Chronicle and Dolomite combine to raise the industry standard of Oracles and DeFi alike. We’re not just excited to start but eagerly anticipate bringing you news on the next chapter in our shared journey. Stay tuned for more updates!
About Dolomite
Dolomite is a next-generation decentralized money market protocol and DEX that offers broad token support and capital efficiency with its virtual liquidity system. Learn more here.
About Chronicle Protocol
Chronicle Protocol is a novel Oracle solution that has exclusively secured over $10B in assets for MakerDAO and its ecosystem since 2017. With a history of innovation, including the invention of the first Oracle on Ethereum, Chronicle Protocol continues to redefine Oracle networks. A blockchain-agnostic protocol, Chronicle overcomes the current limitations of transferring data on-chain by developing the first truly scalable, cost-efficient, decentralized, and verifiable Oracles, rewriting the rulebook on data transparency and accessibility.
