Pyth Network: Smarter Data for Smarter Contracts

Project name: Pyth Network
The Pyth network is a first-party financial oracle network designed to publish continuous real-world data on-chain in a tamper-resistant, decentralized, and self-sustainable environment.

The network incentivizes market participants β€” exchanges, market makers, and financial services providers β€” to share directly on-chain the price data collected as part of their existing operations. The network then aggregates this first-party price data (still on-chain) and makes it available for free to either on- or off-chain applications. End-users of Pyth data will be able to choose to pay data fees to hedge against a potential oracle failure: their contributions will attract more publishers and supplement network robustness.

Website: https://pyth.network/
GitHub: Pyth - GitHub
Discord: Pyth
Twitter: https://twitter.com/PythNetwork

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I support it, we need this for sui

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Pyth very important project

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β€œoracles” will be highly integrated into the blockchain tech. and definitely a financial oracle. i support this as it opens other possibilities on a wider use case.

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