DogeOS taps RedStone to provide oracle data for Dogecoin DeFi applications

The companies said the integration will give DogeOS developers access to established oracle infrastructure from the outset, helping them build onchain financial products for the Dogecoin community. RedStone will provide price feeds to DogeOS from its testnet launch under a new partnership that makes it the first oracle provider in the Dogecoin ecosystem, the company said Monday. The integration is expected to help developers build decentralized financial applications, including lending markets, stablecoins and perpetual futures, for Dogecoin’s community. Developed by the team behind MyDoge, DogeOS aims to bring smart-contract functionality to the Dogecoin ecosystem through an Ethereum -compatible application layer built using a zero-knowledge virtual machine. The network is designed to support DeFi protocols, games and stablecoins without changing Dogecoin’s underlying protocol.

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