Stratis Blockchain platform and development ecosystem It has been announced that its interoperability solution Stratis InterFlux has become the first product to include Stratis Oracles functionality under the Stratis blockchain technology framework.
Specifically, Stratis’ Oracle function has been used to query the real-time pricing of the current Ethereum gas price, which fluctuates greatly, in addition to the current U.S. dollar value of the STRAX token.
These important metrics enable dynamic fees to be applied to all trustless conversion requests. This leads to the application of fair and consistent fees based on actual market data.
Stratis’ approach to interoperability is not new, Stratis is one of the first companies to trust cross-chain support through its full integration. Smart contract side chain.
Compared with other cross-blockchain solutions that rely on centralized services for cross-chain transaction requests; Stratis’s implementation is completely decentralized and trustless, and transactions are conducted in an autonomous and fair manner.
In recent months, more than $10 million has been traded through Stratis’ existing solutions. Stratis InterFlux is built on this mature function within the framework of Stratis blockchain technology.
“Although this version mainly focuses on the release of InterFlux v2, the use of Stratis oracles excites the people inside Stratis; because the applicability of other use cases using Stratis Oracles has become a vivid reality. Query external services (such as Bloomberg) The ability to use data points provided by world-renowned data providers has opened up many use cases. Stratis will compile and present use case studies in the future, focusing on the benefits of using Stratis Oracles.”
– Stratis team
The updated wallet supplements the full production version of InterFlux v2 STRAX wallet Available now. This enables users to easily perform wSTRAX conversion. STRAX tokens can also be easily exchanged back to STRAX in the following ways InterFlux web application.