CandleFocus RedStone integrates oracle price feeds into TON blockchain
2024-09-19
Author: Content Editor
Blockchain oracle provider RedStone has announced that it will be bringing its oracle solutions to the TON blockchain, making it the first provider to integrate data feeds into TON. Oracles are vital for smart contracts to access external data, and RedStone's integration will provide reliable and real-time data to TON's DeFi ecosystem. RedStone has developed a relayer system to overcome TON's unique communication method, and the project plans to expand its data feeds and develop new tools to support TON's growth. The TON ecosystem has seen significant growth, with a total value locked of $412 million as of September 19. TON recently secured a $30 million investment to enhance adoption within its ecosystem.
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