Pyth Price Feeds, a runtime environment for smart contracts on the Filecoin network, has launched today on Filecoin VM. Data that is vital to mankind is intended to be stored on Filecoin, a decentralized storage network.
The goal of this deployment is to provide worldwide Web2 and Web3 participants with access to data. Developers of smart contracts may now access over 400 real-time market data feeds on the Filecoin peer-to-peer network permissionlessly.
Jonathan Victor, Co-Founder at Ansa Research stated:
“This collaboration between the Pyth Network and Filecoin Ecosystem underscores a joint commitment to enabling robust markets in the Filecoin economy. The launch of Pyth Price Feeds is a critical pillar to enabling the DeFi ecosystem on the FVM to accelerate in 2024.”
Filecoin
Filecoin is a peer-to-peer file storage network that uses encryption to guarantee long-term file storage reliability and built-in financial incentives. Users of Filecoin pay storage providers to store their
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