WEMIX

Pyth Network, a global on-chain market data provider, is partnering with the WEMIX Foundation to support price feeds on the WEMIX3.0 blockchain. With 300&#43; Pyth Price Feeds, spanning equities, commodities, ETFs, forex pairs, and cryptocurrencies, you now have the tools to supercharge your creations with real-time market data. <a href="https://pyth.network/price-feeds/crypto-wemix-usd" rel="noopener noreferrer nofollow">WEMIX/USD</a> pair is now available on Pyth Network, and consequently, WEMIX as an asset can be utilized on other blockchains. We believe this will take the growth of WEMIX3.0 a step further.Pyth Network’s oraclePyth Network allows the on-chain publication of price information through interaction among the publishers, oracle programs, and consumers.<ol><li>Publishers push off-chain data(pricing information) to Pyth’s oracle program.</li><li>The oracle program then aggregates this data into a single price using different levels of confidence.</li><li>Consumers then read the price information generated by the oracle program.</li></ol>Pythnet is an application-specific blockchain operated by Pyth’s data providers. This blockchain is a computation substrate that securely combines the data providers’ prices into a single aggregated price for each Pyth price feed. Pythnet forms the core of Pyth’s off-chain price feeds, which are used on all blockchains except Solana.Power of DataThe integration of Pyth Price Feeds brings a world of possibilities to the WEMIX3.0 ecosystem. Developers and builders can now seamlessly access on-chain price updates at their convenience, revolutionizing how decentralized applications collect and leverage essential market insights. No longer constrained by limited on-chain data, you can now provide your dApps with the latest, accurate data, creating a safer and more innovative array of dApps.Future of FinanceWEMIX3.0 can now hosts a spectrum of pioneering DeFi projects, each backed with the power of Pyth Price Feeds. Essentially, this empowers developers on WEMIX3.0 to create more unique and innovative DeFi dApps that utilize the reliable data from Pyth’s oracles. With more dApps, it opens up greater opportunities for users to freely engage with and trade uncommon and exotic pairs, such as forex and commodities, directly within the on-chain ecosystem.On WEMIX3.0, Nile, and WEMIX.Fi are actively incorporating Pyth Price Feeds into their frameworks, contributing to the enhancement of safety measures for ecosystem users through the integration of Pyth’s data within their protocols.What is Pyth Network?The Pyth Network is the largest first-party financial oracle network delivering real-time market data to over 20 blockchains securely and transparently.The network comprises some of the world’s largest exchanges, market makers, and financial services providers publishing their proprietary price data on-chain for aggregation and distribution to smart contract applications.In less than a year, the network secured more than $2.0B in total value. Pyth has facilitated more than $70B&#43; in trading volume and received over 1M client downloads from passionate developers. Pyth supports 300&#43; low-latency price feeds across digital assets, equities, ETF’s, forex pairs, and commodities. You can learn more about Pyth from their<a href="https://pyth.network/" rel="noopener noreferrer nofollow"> website</a> and<a href="https://docs.pyth.network/?ref&#61;pyth-network.ghost.io" rel="noopener noreferrer nofollow"> documentation.</a>What Lies AheadThe WEMIX Foundation is dedicated to fostering a vibrant community of developers and builders. We are excited to provide Pyth Price Feeds within the WEMIX3.0 ecosystem, and we look forward to the prosperity of diverse DeFi services on WEMIX3.0, supported by secure price feeds.Join us on this exhilarating journey towards a new era of DeFi innovation.Thank you.Official WEMIX site announcement: <a href="https://www.wemix.com/communication/e76d97b9-64c2-49da-8c87-6644d88b4bc1" rel="noopener noreferrer nofollow">https://www.wemix.com/communication/e76d97b9-64c2-49da-8c87-6644d88b4bc1</a> WEMIX Community : ● WEMIX Official Webpage : <a href="https://www.wemix.com/communication" rel="noopener noreferrer nofollow">wemix.com</a> ● Medium : <a href="https://medium.com/wemix-communication" rel="noopener noreferrer nofollow">WEMIX Communication</a> | <a href="https://medium.com/wemix-play" rel="noopener noreferrer nofollow">WEMIX PLAY</a> | <a href="https://medium.com/nile-official" rel="noopener noreferrer nofollow">NILE</a> ● WEMIX Channels : <a href="https://coinmarketcap.com/community/articles/645b425122645a1c100fb3a7/Twitter" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://www.facebook.com/WEMIXBlockchain" rel="noopener noreferrer nofollow">Facebook(WEMIX Platform)</a> | <a href="https://www.facebook.com/WEMIXGames" rel="noopener noreferrer nofollow">Facebook(WEMIX Games)</a> | <a href="https://t.me/WEMIX_ANNouncement" rel="noopener noreferrer nofollow">Telegram</a> | <a href="https://www.reddit.com/user/WemixNetwork" rel="noopener noreferrer nofollow">Reddit</a>

Empowering WEMIX3.0: Unveiling Pyth Price Feeds Integration

WEMIX

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