Paul Protocol and BlackHole Protocol have entered into a strategic partnership
We are excited to announce that Paul Protocol, a double-mechanism risk resistant oracle with superior performance and timeliness, and BlackHole Protocol, a cross-chain burning protocol, have entered into a strategic partnership. Both parties will cooperate closely around initial token exchange, quality asset mutual recommendation, cutting-edge situation research, and ecological resource sharing.
BlackHole Protocol originates from Ethereum network and gradually spread to Polkadot, BSC, Heco, SOL and eventually the whole blockchain world. Any user or project governor could create a burning pool by holding $BLACK and old token LP to permanently burn the old Token into a new Token.
Paul Protocol is a double-mechanism risk resistant oracle with superior performance and timeliness. We designed our foundational architecture based on current cross-chain networks, which has introduced and modified based on the quoting system used by global top organizations in high-frequency automatic trading for single benchmark in multiple trading scenarios. Pledged asset quoting and arbitrage validation are used to build real-time quoting validation mechanism. In extreme situations, a price curve can be generated more smoothly by statistical hypothesis-testing.
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