What is an Oracle in Crypto? 🧵
1️⃣ What is a crypto oracle?
A crypto oracle is a service that connects blockchain smart contracts to off-chain data, enabling them to interact with the real world. Without oracles, blockchains are isolated.
2️⃣ Why do we need oracles?
Blockchains are designed to be secure and tamper-proof, but they can't directly access external data like weather, stock prices, or sports results. Oracles bridge this gap!
3️⃣ How does an oracle work?
An oracle fetches external data from APIs or other sources, verifies its accuracy, and delivers it to the blockchain. This enables smart contracts to execute based on real-world conditions.
4️⃣ Types of oracles:
• Inbound Oracles: Bring real-world data to the blockchain (e.g., price feeds).
• Outbound Oracles: Send blockchain data to external systems (e.g., supply chain tracking).
• Cross-chain Oracles: Share data between different blockchains
5️⃣ Why partnership with RedStone is a big step for bemo and all TON ecosystem?
First of all, it's not so much oracles in TON - only RedStone and Pyth. The main reason why oracles on TON are not so popular - we don't have a lot of good DeFi products on TON.
6️⃣ Now, RedStone will control LST segment on TON. It's important by many reasons:
- More accurate charts on DEX's and CEX's
- Increased security and reliability
- LST tokens have to be more trustful, because they are used as confirmation of staked tokens and as DeFi part
We are proud to be one of the first liquid staking protocols on #TON and have such great partners, as RedStone!
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A crypto oracle is a service that connects blockchain smart contracts to off-chain data, enabling them to interact with the real world. Without oracles, blockchains are isolated.
Blockchains are designed to be secure and tamper-proof, but they can't directly access external data like weather, stock prices, or sports results. Oracles bridge this gap!
An oracle fetches external data from APIs or other sources, verifies its accuracy, and delivers it to the blockchain. This enables smart contracts to execute based on real-world conditions.
• Inbound Oracles: Bring real-world data to the blockchain (e.g., price feeds).
• Outbound Oracles: Send blockchain data to external systems (e.g., supply chain tracking).
• Cross-chain Oracles: Share data between different blockchains
First of all, it's not so much oracles in TON - only RedStone and Pyth. The main reason why oracles on TON are not so popular - we don't have a lot of good DeFi products on TON.
- More accurate charts on DEX's and CEX's
- Increased security and reliability
- LST tokens have to be more trustful, because they are used as confirmation of staked tokens and as DeFi part
We are proud to be one of the first liquid staking protocols on #TON and have such great partners, as RedStone!
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💥 Fresh, bold, and in full flash, we’re kicking off Season 2 with a bang!
Thursday, 5 PM UTC+3
📍 Live on X Spaces + bemo Telegram Channel
🎙️ Special Guest:
Our fearless leader and CEO, Konstantin (@soyome), takes the hot seat to answer everything the #crypto world is dying to know.
🔥 Why This Episode Will Be Unmissable
👉 Link to join: https://x.com/i/spaces/1ZkKzRjXYkoKv
Just one question: ARE YOU IN? 🫵
Let’s make this epic! 🕶️🎙️💥 #bemoTalks
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Meet TON Hedge, the protocol to bring on-chain options trading to the TON ecosystem!
Projects like this are a vital part of DeFi Lego, empowering users to craft their own strategies.
React with 🗿 to welcome and support this project!
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Forwarded from Konstantin Zherebtsov
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🔥 Did you lock in your time for tomorrow’s bemo Talks Episode? 🔥
Because we’re already ready-steady and prepped with something exciting just for you! 💥
But hey, we want YOU in the spotlight too! Got burning questions you’d love to ask our CEO? Drop them in the comments 👇 (but please let’s skip the usual TGE questions this time, shall we?
Tomorrow’s going to be fire. Are you joining us?
Let’s make this epic! 🕶️🎙️💥 #bemoTalks
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Should we host another AMA with one of our team members?
Anonymous Poll
57%
Yes 🚀
16%
No 😏
27%
Elon Musk (what if?😏 )
Hey, bemo fam!
Yesterday’s AMA was straight fire🔥 — huge thanks to everyone who joined in! We had an amazing time chatting with you, tackling your questions, and geeking out over the topics that matter most to our community. 💬
Now we’re flipping the mic to YOU:
Should we bring another awesome team member for another AMA session?
Your vote = your voice. Let’s make it happen—hit the poll above ! ☝️
Yesterday’s AMA was straight fire
Now we’re flipping the mic to YOU:
Should we bring another awesome team member for another AMA session?
Your vote = your voice. Let’s make it happen—hit the poll above ! ☝️
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This week, bemo Talks is back with an explosive double feature as we welcome not one but TWO incredible guests: Pyth Network and RedStone Oracles.
Take your front-row seat to the future of oracles and #TON’s DeFi evolution with bemo Talks. Don’t miss it!
Thursday, January 30, 5 PM GMT+3
📍 Live on X Spaces + bemo Telegram Channel
🎙️ Special Guest:
What’s on the Agenda?
🔥 Revolutionizing Oracles: fixing flaws, ensuring trustless data.
🌐 Building on TON: why TON? Vision vs. reality.
🚀 The Future of TON DeFi: challenges, gaps, and bold moves ahead.
Drop your questions, join the alpha-packed convo, and be part of the action in Episode 14.
Let’s make this epic! 🕶️🎙️💥 #bemoTalks
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As we glide into the Year of the Snake, let’s embrace its legendary traits: wisdom, agility, and transformation—the perfect qualities for navigating the twists and turns of the crypto world🌀
Wishing you longevity, health, and endless luck this year!
Great news for our Asian friends!
Weixin ID: bemo_fi
Drop a
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FIRST CONCENTRATED LIQUIDITY POOLS ON TONCO!
🔥 Now Live: stTON/USDT and stTON/TON — game-changing liquidity pools that are here to redefine the rules.
❗️ Why does this matter?
These are the first concentrated liquidity pools in the TON ecosystem, designed for ultimate efficiency:
📈 Seamless swaps between stTON, USDT, and TON.
💸 Smarter returns for liquidity providers.
⚡ Unmatched convenience for all TON users.
👉 Head to TONCO, explore the stTON/USDT and stTON/TON pools, add liquidity, and make the most of it!
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These are the first concentrated liquidity pools in the TON ecosystem, designed for ultimate efficiency:
📈 Seamless swaps between stTON, USDT, and TON.
💸 Smarter returns for liquidity providers.
⚡ Unmatched convenience for all TON users.
👉 Head to TONCO, explore the stTON/USDT and stTON/TON pools, add liquidity, and make the most of it!
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Forwarded from Matt Gurbiel | RedStone
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You asked for alpha—we’re bringing the Head of BD @RedStone to bemo Talks! 💥
💬 Got burning questions? Don’t be shy—drop them in the comments! ⬇️
Let’s make this epic! 🕶️🎙️💥 #bemoTalks
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WoW! Think you know everything about crypto, my dear? 🧠
Run fast to @Tonco_io chats and prove it! 🏆
Win some🪙 for your knowledge - only the sharpest minds will make it! 🏅
Run fast to @Tonco_io chats and prove it! 🏆
Win some
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Forwarded from TONCO
Today at 3 PM UTC / 6 PM MSK, answer the questions hidden in xRocket cheques in our TG chats to win $USDT rewards!
Catch the cheques here:
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January Stats Are In, bemo Fam! 💜
It's time to look back at the first month of 2025! January brought its market swings, but one thing remains constant—our commitment to decentralization, security, and sustainable staking yields. No matter what, our team keeps building, believing, and pushing forward to deliver a strong and growing staking platform for you all.
Now, as we roll into February… will you be our Valentine?💘
Drop a ❤️ in the comments to show your love and let's keep staking strong together!
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It's time to look back at the first month of 2025! January brought its market swings, but one thing remains constant—our commitment to decentralization, security, and sustainable staking yields. No matter what, our team keeps building, believing, and pushing forward to deliver a strong and growing staking platform for you all.
Now, as we roll into February… will you be our Valentine?
Drop a ❤️ in the comments to show your love and let's keep staking strong together!
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This time, we’re talking liquidity and strategy with two powerhouse guests: TONCO & EVAA.
As DeFi evolves, even the biggest players discuss their liquidity strategies. How does volatility affect liquidity? Are current approaches strong enough to handle it? TONCO & EVAA will break it all down—no fluff, just real insights
Thursday, February 6, 5 PM GMT+3
📍 Live on X Spaces + bemo Telegram Channel
🎙️ Special Guest:
What’s on the Agenda?
🔥 Market Volatility & Liquidity – What users should know.
⚖️ Hedging vs. LST – Which works best, and when?
Join the conversation, ask your questions, and get a chance to win 💰 prizes for the coolest questions and for your activity during the AMA.
Let’s make this epic! 🕶️🎙️💥 #bemoTalks
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Max from TONCO is bringing the 🔥 for tomorrow’s episode of bemo Talks!
⚡ Volatility, liquidity & the strategies that matter—TOMORROW at 5PM GMT+3!
Got questions? Drop them in the comments for a chance to win prizes – best questions & top engagement get rewarded!💰
Let’s make this epic! 🕶️🎙️💥 #bemoTalks
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⚡ Volatility, liquidity & the strategies that matter—TOMORROW at 5PM GMT+3!
Got questions? Drop them in the comments for a chance to win prizes – best questions & top engagement get rewarded!💰
Let’s make this epic! 🕶️🎙️💥 #bemoTalks
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BM, community!
We’re cranking up the vibes and bringing the heat!🔥 From now on, every week, we’re dropping fresh energy your way—and we wanna feel yours too!
🎉 Introducing the Crypto Meme Contest!🎉
Starting this Monday, we wanna see your best, funniest, most degen-worthy crypto memes. Drop ‘em in the comments, and together, we’ll crown the ultimate meme lord.💎 🙌
🤴 Winner takes the prize!
Let’s kick it off with our first meme:🤡
Now it’s your turn—drop yours below! ⬇️
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We’re cranking up the vibes and bringing the heat!
Starting this Monday, we wanna see your best, funniest, most degen-worthy crypto memes. Drop ‘em in the comments, and together, we’ll crown the ultimate meme lord.
Let’s kick it off with our first meme:
Now it’s your turn—drop yours below! ⬇️
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