Reputation DAO is excited to announce that it has expanded Oracle Reputation to Polygon! This integrates the functionality of its Oracle Reputation product with the Polygon network. Users of protocols and dApps on Polygon can now monitor and audit the Oracles and DONs that they rely on.
By supporting even more contracts and protocols, this integration provides better value and reaches more DeFi users.
Reputation DAO is committed to enabling a new frontier in DeFi and programming reputation into Oracle networks. The vision for the Oracle Reputation product is to provide credibly neutral reputation as a service for Chainlink Oracles, DAOs, smart contract protocols and their users. This is as an essential part of the DeFi promise. A permission-free, trustless, open economic system needs tools that enable its users to participate on a level playing field.
Integrating with Polygon moves this vision forward. As the leading layer-2 scaling solution for Ethereum, Polygon enables millions of users and billions of dollars in capital to interact with the DeFi ecosystem. These users need the tools to interact with DeFi and its applications safely. Layer 2 integrations like this will strengthen the ecosystem even further.
Reputation DAO sees this integration as one stop in many, as part of its roadmap for building public infrastructure for DeFi. Layer 2 solutions have become catalysts for growth of the ecosystem; Reputation DAO aims to support this growth along side them.
Polygon is a leading Layer 2 scaling solution for public blockchains, currently supporting all existing Ethereum-compatible blockchain networks.
Polygon aims to provide faster and cheaper transactions on Ethereum using Layer 2 side chains, which are blockchains that run alongside the Ethereum main chain.
With millions of users, billions in organic capital and over one hundred applications, including blue chips like Aave, Curve, 0x, Balancer and 1inch, Polygon’s DeFi ecosystem is one of the strongest in the industry.
Users can switch between chains by selecting Polygon from the drop-down box on the top right hand side on the Oracle Platform. This will show performance for Oracles operating on the Polygon network.
To view protocol based Oracle security, users can select the relevant chain for each protocol under the ‘Protocol’ tab.
Reputation DAO is excited to present these updates and provide an insight into Oracle Reputation's progress. For more information on the platform and the Oracle Reputation roadmap moving forward, please see here. If you have any feedback on the platform, or would like to contribute, the community would love to hear from you.
Reputation DAO is a blockchain data analysis platform. The platform collects, decodes and visualises data from several blockchain networks. Reputation DAO uses the data to create visualisations and Reputation scores, using a Relative Performance Ranking (RPR) model. The DAO creates specific reputation products using the Reputation platform.
Oracle Reputation is the first product of the DAO. Oracle Reputation monitors, visualises and ranks Oracle performance on the Chainlink network.