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Lithium Finance, a collective-intelligence pricing Oracle, announced a new partnership with Beyond Finance, a decentralized platform for creating and trading synthetic financial products tailored to the needs of synthetic manufacturers, to provide timely pricing on private, liquid assets.
The partnership will allow DFIs to join the growing list of projects as ‘Wisdom Seekers’ seeking information on the value of private and valuable assets. The intellect seeker is an important part of the lithium ecosystem; Using the original Lithium (LITH) token as a reward to get accurate price information.
Wisdom Nodes receive LITH tokens as a reward when they can give accurate answers quickly.
Beyond + Lithium
“While many others focus on bringing liquid asset price data into Oracle Defy, Lithium focuses on private and non-liquid assets. We believe that is where we can bring real assets into DFI. We’re glad the team beyond shares the same perspective; And together we will be able to bring new opportunities to the wider DeFi world. ”
-David Lighton, co-founder of Lithium Finance
This collaboration could set an example for all DFI users on how to bring real property exposure into the DFI space by reducing barriers to accessing private property.
“The timing couldn’t have been better. Even after the release of our Mennet, we were already thinking of finding other markets to offer our community. Lithium will now play a key role in finding and exploring new toxic private markets for Beyond and its users; Otherwise decentralized thinking. This partnership will basically start a movement for unexpected prices, to bring remote valuation data for Beyond users; Thanks to the unique mechanism of having an oracle of lithium collective-intelligence price. ”
– Jeremy Park, Head of Business for Beyond Finance