From listings to oracles services, Floki continues to make moves of legitimacy.
Pyth Improves Floki Ecosystem
Floki has announced a partnership with Pyth Network to incorporate oracle services and launch the FLOKI/USD price feed.
The latest development in the Floki ecosystem seeks to unlock “unlimited possibilities,” according to the Medium announcement on February 14. The partnership doesn’t appear to be stopping at the oracles or price feeds, as the announcement indicates more to come between the two projects.
“The FLOKI price feed setup by Pyth Network significantly enhances the utility of the FLOKI token and unlocks unlimited possibilities for the Floki Ecosystem,” the announcement reads. “This includes key DeFi integrations with lending/borrowing platforms, staking, and much more.”
Floki continues to elevate its stature with moves that help shed the memecoin notion and add legitimacy. Pyth Network is a specialized oracle solution that also works with major names like Binance, Kucoin, OKX, and more.
The largest exchange in Australia, CoinSpot, also added Floki for trading on February 14, opening Floki availability to another 2 million plus crypto users.
Floki is also making a strong move into the metaverse. The popular token recently made a pivot to campaign its Valhalla game to the gaming audience in China, hoping to capitalize on the hundreds of millions of Chinese games.
What is Floki:
Floki Inu began with a tweet from Elon Musk. When the billionaire announced he would name his Shiba Inu puppy Floki, it created a deluge of ‘Floki’ dogcoins. The most successful of these is Floki Inu. Floki Inu is currently the third most popular meme token on the market, behind Dogecoin and Shiba Inu. It is backed by a community of committed enthusiasts and a strong marketing campaign.
Where to find Floki:
What is Pyth Network:
Pyth network is a specialized oracle solution for latency-sensitive financial data that is typically kept behind the “walled gardens’’ of centralized institutions. Pyth network is focused on finding a new and inexpensive way to bring this unique data on-chain and aggregate it securely.
Where to find Pyth Network:
Source : bsc.news
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