Berry Data announced partnership with YetuSwap

Berry Data announced last Friday, July 30, through its Twitter account, its new strategic partnership with YetuSwap. In his view, it is a pan-African decentralized automated market-making (#AMM) exchange conducted on Binance Smart Chain.

Image on Berry Data’s Twitter post

“Berry Data and YetuSwap reached a partnership in which both projects will work together on data source security. Berry Data will help YetuSwap to integrate with the Berry oracle and YetuSwap will provide the best feedback to better optimize the performance of the Berry oracle”, he said through an article published on the Medium platform.

About YetuSwap

It is a pan-African decentralized automated market making (AMM) exchange (DEX) run on the Binance Smart Chain blockchain. Despite being an exchange with a pan-African design, anyone regardless of their origin can be part of the protocol.

About Berry Data

As explained by the company, Berry Data is a community verified transparent pricing oracle on BSC (Binance Smart Chain). Berry Data provides a trustless, decentralized alternative to off-chain data. Additionally, it provides the infrastructure for decentralized applications to query data off-chain by properly incentivizing miners to provide data.

Also read: Ferrum Network Announced Upcoming Bridge List: Rocket Vault

“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 to all dApps on Binance Smart Chain. (BSC). The entries to this data bank are protected by a network of wagered miners. BERRY uses crypto-economic incentive mechanisms, rewarding the presentation of honest data by miners and punishing bad actors, through the issuance of Berry’s governance token, BRY, and a dispute mechanism”, he added.

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