Mantle Network is thrilled to announce its collaboration with Chronicle Protocol, a transparent, scalable, cost-effective oracle service that enables secure data bridging between blockchains. This alliance highlights our mutual commitment to empowering developers and builders by providing them with essential tools to enhance Mantle's Ecosystem.
Chronicle's Oracle Solutions Meet Mantle's DeFi Ecosystem
Chronicle's flagship oracle product Scribe, which uses an Optimistic Schnorr hybrid design, is now live on Mantle. With the introduction of the mETH/USD and MNT/USD Scribe Oracles, builders on Mantle Network can now benefit from Scribe's gas-efficient oracle service, offering a more cost-effective solution for their applications. Additionally, Scribe's cutting-edge architecture ensures that oracles are not only highly secure but also decentralized. This integration marks a significant step in enhancing the functionality and efficiency of services available to those who integrate or build on Mantle Network.
Shared Visions and Expertise: A Foundation for Growth
Jen Senhaji, Head of BD & Growth at Chronicle, shared her perspective on the alliance: "We're excited to offer Mantle ecosystem builders high-quality, resilient, and truly decentralized Oracle infrastructure with Chronicle's upcoming deployment. This collaboration extends beyond enhanced security features, enabling the use of diverse oracle types and supporting asset pairs not currently covered by other providers."
This sentiment is echoed by Mark, head of BD at Mantle, as he adds: "Working with Chronicle represents a key moment for Mantle as we strengthen our commitment to delivering an unparalleled DeFi ecosystem. Introducing Scribe to Mantle Network aligns perfectly with our mission to enhance scalability, efficiency, and security for both users and builders. We are thrilled to collaborate with the pioneers who established the first oracle on Ethereum, setting a foundational stone in the blockchain landscape".
Enhancing Ecosystem Synergies
Oracles are integral to any DeFi ecosystem. Access to a reputable and secure oracle provider benefits Mantle by demonstrating that it is a safe and secure place to build and scale decentralized applications. By combining Mantle's robust layer 2 solution with Chronicle's oracle services, we are building a comprehensive network that addresses the current and future needs of DeFi developers and users.
