Ares Protocol

Ares Protocol

ARES

A Decentralized Cross-chain Oracle Service Protocol

Current price

$0.021

Ares Protocol Chart

Project Introduction

Ares is an on-chain-verified oracle protocol that provides secure and reliable data services for the Polkadot DeFi ecosystem.

Project History

Ares protocol was founded in Auckland in August 2020. Its core members are mainly distributed in Auckland, Germany, Singapore and other places. Backed by the academic research strength of Massey University, Ares protocol first proposed the method of verification of Oracle data on the whole blockchain to ensure the security verification of data, and initiated a number of innovative achievements such as Oracle compensation mechanism. In early November 2020, it won grant of Web3 foundation and completed the code delivery in December 2020. In January 2021, Ares protocol successfully completed the first phase of private placement of 12 investment institutions.

Project Highlight

Ares is a random security Oracle solution developed based on the substrate framework, which supports hybrid babe and off chain worker. It integrates Polkadot's latest on chain governance, brings the frontier optimal roll challenge model into the Oracle field, supports ink contracts, and brings better Oracle experience to the defi ecosystem.

Investor

Candaq-dealean-Gateio Labs-Waterdrip...



Key Metrics

Market Cap:
$3,186,059
24h Volume:
$884,931
All time high:
$0.30
All time low:
$0.017

Token Allocation

Token Circulation

Total supply
1,070,086,899
Cir. supply
156,196,959

Investors

GATE.IO
ILLUSIONIST
OASIS
ZZ AND OTHERS