Lithium nonetheless below improvement of a platform oracle on-chain, to connect information concerning the authentic globe and DeFi. The protocol will leverage the wisdom of the masses to worth illiquid assets this kind of as pre-IPO stocks, personal equity, and so on.
Lithium Finance acts as a market place concerning Wisdom Seeker (people / organizations needing valuation information and facts) and Wisdom Node (people / organizations giving information and facts on illiquid asset rates).
Since its original launch earlier this yr, Lithium has partnered with lots of preferred DeFi, NFT and Crypto tasks this kind of as Wisdom Seeker. Recently, Lithium has also centered on Wisdom Node recruitment. Up to now, Lithium has efficiently implemented 200 Wisdom Nodes in many fields this kind of as NFT, game, electronic revenue, pre-IPO asset … Lithium is assured it will attain one,000 Wisdom Node milestones prior to launch most important network.
The undertaking will share far more specifics and Wisdom Node profiles in the coming weeks.
Lithium Finance is an Oracle platform for giving pricing information that permits the pricing of illiquid assets. Lithium Finance permits consumers to entry scarce cost information that is typically only held by brokers, senior managers or specialists with lots of many years in M&A small business. The undertaking encourages the sharing of public information and the confidentiality of identities. They reward consumers for giving sincere information and facts and punish these who offer incorrectly priced information. From there, Lithium consumers effectively acquire rates for all difficult-to-worth assets this kind of as pre-IPO stocks, personal equity and other illiquid assets.
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