Supra is an ambitious blockchain project that initially started as a decentralized oracle provider. It has since expanded its scope to become a fully integrated Layer-1 blockchain platform, aiming to revolutionize the blockchain ecosystem with a variety of cutting-edge technologies.
Key Innovations
- Moonshot Consensus Algorithm
- Capable of processing 530,000 TPS with 500-millisecond optimistic finality, providing a high-speed and secure consensus mechanism.
- Vertical Integration
- Integration of core blockchain services, including oracles, VRF (verifiable randomness functions), and cross-chain communication, into a single platform to reduce complexity and enhance efficiency.
- Super dApps
- Advanced decentralized applications that benefit from Supra's robust infrastructure, offering improved performance, security, and lower latency.
- Proof of Efficient Liquidity (PoEL)
- A liquidity provisioning protocol designed to optimize liquidity across multiple chains, improving trading and staking experiences.
- Dynamic Function Market Maker (DFMM)
- An innovation aimed at revolutionizing how decentralized exchanges (DEXs) manage liquidity and execute trades, reducing slippage and improving overall efficiency.
- Cross-Chain Communication
- Native support for cross-chain transactions and messaging, enabling interoperability and seamless interaction between different blockchain networks.
- Native Oracles
- Oracles integrated directly into the blockchain, providing reliable and real-time data feeds for dApps on the platform.
Supra Economy
The $SUPRA token is enabling secure and efficient operations. It functions as a staking and work token, incentivizing participation and securing the network. Additionally, it serves as the currency for transaction fees, data access, and subscription services, while also playing a key role in decentralized governance through reputation-based NFTs.
