Partnership with Abax
Our price oracles provide Abax with accurate and tamper-proof price data, enabling the integration of the assets while ensuring the reliability and efficiency of their non-custodial lending & borrowing protocol.
What is the Abax Protocol?
Abax Protocol is a cutting-edge decentralized, non-custodial lending protocol designed to maximize yield and provide seamless trading experiences. With a focus on innovation and security, Abax is dedicated to pushing the boundaries of what is possible in the DeFi space. Abax Protocol is currently live on the Aleph Zero testnet.
Abax Integrates DIA Oracles to Power Lending on Aleph Zero
Through this partnership, Abax has integrated DIA’s price oracles into its protocol on the Aleph Zero blockchain. This integration involves the use of DIA’s price feeds for a variety of tokens including DOT, AZERO, USDC, WETH, BTC, and DAI.
Our price oracles provide Abax Protocol with accurate and tamper-proof price data, enabling the integrations of the assets while ensuring the reliability and efficiency of their non custodial lending & borrowing protocol.
The integration with DIA Oracle is crucial for the proper functioning of the Abax Protocol. We believe that DIA's infrastructure robustness and their meticulous attention to delivering accurate and reliable data are key to meeting our needs. This collaboration will ensure the stability and efficiency of the protocol. We look forward to a flourishing partnership with DIA that will continue to support Abax's growth and innovation well beyond the launch phase.Łukasz ŁakomyCo-Founder of Abax
Benefits and Features of DIA Oracles
The integration of DIA’s oracles will bring several key benefits to Abax Protocol:
- Support for Multiple Tokens: DIA’s library of 20k+ assets, enables the integration to cover a diverse set of tokens, enhancing the versatility of Abax Protocol’s offerings.
- Enhanced Data Accuracy: DIA’s data feeds, sourced directly from multiple, high-volume CEXs and DEXs, provide accurate price information, reducing the risk of manipulation.
- Improved Service Reliability: By utilizing DIA’s robust infrastructure, Abax can ensure consistent and reliable data delivery for their lending and borrowing protocol.
