Hello Kylians,
We are thrilled to present the Kylin Network's ambitious aims for 2023. Our team has been working tirelessly to reimagine and develop a configurable and multi-level oracle infrastructure that will revolutionize the decentralized data industry. We’ve mapped out the following targets to guide our course of action.
With great satisfaction and confidence in this milestone's feasibility, we announce that one of our major achievements for 2023 would be the launch of the Kylin Data Oracle Minimum Viable Product (MVP). This MVP will enable parachains to install pallets to access data feeds on the Kylin Network. However, that's not all. We are also introducing the Federated and decentralized Parachain Oracle System (FDPOS) and the first 3rd Party Oracle Scripting on both Pichiu and Kylin.
Our integration and partnerships with other DeData projects, such as Ruby Protocol, NFT3, Glacier Network, and Vinci Protocol, are also one of our aims in 2023. Our MVP will be mature enough to collaborate with the other solutions from the DeData ecosystem. These collaborations will enable us to offer even more solutions to our users and make data sharing even more efficient and secure.
Stay tuned as we continue to work on achieving our other goals for 2023, including the harmonization between ERC-20 native and Polkadot $KYL. We are excited to share more details with you as we continue to revolutionize the data industry!
About Kylin Network
Kylin Network strives to be a composable and configurable multi-level oracle infrastructure built as a Polkadot parachain, for the democratization and delivery of accurate data on time, at a reliably low cost. Kylin hopes to offer a way for chain-agnostic APIs to serve data according to service level agreements (SLA) that the consumers of this data will be aware of.
Data source compatibility beyond price feeds will bootstrap a free data market. This will allow market demand to determine the direction of the innovation of a feed, its price, and supply. With dynamic NFTs & SFTs, Kylin’s ongoing development will innovatively tokenize data streams that democratically will be accepted on the Kylin Network.
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