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Stork Selected InfStones to Run Oracles for its Network


Stork Selected InfStones to Run Oracles for its Network
Nov 16,2022|Clients
Stork Selected InfStones to Run Oracles for its Network

We are proud to announce that we’re collaborating with Stork to run oracles for its network. We’ll be helping Stork access and utilize critical data to provide customers with specialized reference price updates for settlements and liquidations.

Stork is the fastest oracle network in the blockchain industry. It offers an ultra-low latency reference pricing infrastructure for decentralized exchanges on EVM, Stark, and Move-compatible chains. Stork was built for DeFi and leverages a hybrid chain architecture to provide extremely fast price updates for supported chains. The Stork network also uses specifically designed reference prices like Mark Price instead of arbitrary midpoints and averages to protect against manipulation. Further, Stork provides fast access to thousands of long-tail assets.

Speaking about the collaboration with InfStones, Vlad Shulman, CEO of Stork, said, “By collaborating with an industry-leading blockchain infrastructure provider like InfStones, we will ensure that our oracle network remains strong, robust, and fast. We look forward to having InfStones bring additional security and trust to our network by running oracles. We believe that InfStones is an ideal company for us to collaborate with, and we are thrilled to start working together.”

Dr. Zhenwu Shi, Founder and CEO of InfStones, also commented on the collaboration: “Stork is one of the most important oracle networks in the blockchain industry. We are excited to be collaborating by running oracles for its network. We look forward to providing infrastructure support to Stork in order to help its network remain incredibly fast and secure.”

In addition to InfStones, Stork has collaborated with several other high-profile organizations, including Kaiko, dxFeed, and Dexterity Capital. Stork prioritizes performance and uses multi-regional, ultra-fast WebSockets to ensure that data is available at the millisecond level. Thanks to its high-quality partnerships and advanced technology, Stork has become a leading oracle network for Web3, and we will support the Stork network as it continues to grow and thrive.

About Stork

Stork is a reference price oracle for decentralized exchanges. Stork combines the millisecond-level performance of traditional data feeds with the verifiability of decentralized on-chain oracles to ensure more up-to-date prices and higher leverage. Stork is available on StarkNet, StarkEx, Arbitrum, Avalanche, and MOVE-compatible chains.

About InfStones

InfStones is an advanced, enterprise-grade Platform as a Service (PaaS) blockchain infrastructure provider trusted by the top blockchain companies in the world. InfStones’ AI-based infrastructure provides developers worldwide with a rugged, powerful node management platform alongside an easy-to-use API. With over 20,000 nodes supported on over 80 blockchains, InfStones gives developers all the control they need - reliability, speed, efficiency, security, and scalability - for cross-chain DeFi, NFT, GameFi, and decentralized application development.

InfStones is trusted by the biggest blockchain companies in the world including Binance, CoinList, BitGo, OKX, Chainlink, Polygon, Harmony, and KuCoin, among a hundred other customers. InfStones is dedicated to developing the next evolution of a better world through limitless Web3 innovation.