Synapse is partnering up with Redstone

Synapse Network
2 min readSep 8, 2021

We are very happy to announce our next technological partner, Redstone Finance.

We at Synapse are looking forward to bringing our technology to many projects but in this particular case, we are actually having something different on the table.

Redstone is a highly efficient and versatile oracle platform working with cross-chain technology. Their ability to gather, process and transfer data is one of the best on the market, due to the high flexibility of their network and the reliability of the data they deal with, dealing with both private and public sources.

We will be collaborating very closely while working on our DEX, as they will be providing their pricing API, which is one of the best in the crypto space, while we will be building the nodes for the network.

Thanks to the accountability of their API anyone can track the data stream permanently available on Arweave, meaning full transparency will be guaranteed.

Their tech will also be used to gather reliable data for our launchpad, to ensure that our Defi ecosystem will always be up to date, following the market closely and kept in line with regulated institutions, while also building our set of smart Defi products with the help provided by their oracle services.

Having such an experienced and advanced team backing us help to speed up the creation process while maintaining the high quality we want to achieve for all the tools in our network.

Data gathering will also be crucial to plan our marketing campaigns going forward, so this collaboration is an all-rounder, the value of Redstone can’t be understated, as they are one of the most solid oracle projects out there.

This partnership is set up to start soon, as we want to have our features built as fast as possible, while still ensuring the refinement our community deserves.

This is another great reveal for us since our DeFi ecosystem is based on reliability, efficiency and solidity while our DEX will be one of the cornerstones of the Synapse Network and we look forward to a fruitful collaboration with the Redstone team.

About Synapse Network

Synapse Network is developing a cross-chain investment and start-up acceleration ecosystem based on blockchain technology, to give everybody an equal chance to contribute to great upcoming projects and to do so early on. We are bridging the gap between the traditional & crypto market. The idea of the Synapse Network technology goes beyond the standard offer of launchpads available on the market, becoming a true technological brand providing tech solutions.

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