Supra (SUPRA)
Supra is a cross-chain IntraLayer protocol designed to enable automation between Web2 and Web3 through secure and scalable smart contract interoperability. The network operates using the $SUPRA token, serving as the unit for exchanging value and services and aligning participants' incentives.
Overview
Supra functions as a decentralized oracle network that supplies on-chain and off-chain data to smart contracts across various blockchain platforms. Unlike traditional oracles, Supra uses a network of decentralized validators to authenticate and verify data before transmitting it to smart contracts. This decentralized approach enhances security, reliability, and resistance to tampering.
| Ticker | SUPRA |
| Category | Infrastructure |
| Website | https://supra.com/ |
| @SUPRA_Labs | |
| Telegram | 1 |
Supra Labs, Inc., the product arm of the network, is advised by prominent figures in the enterprise blockchain sector. This unit focuses on applying SupraOracles technology in traditional finance and data services.
Use cases
- Decentralized Finance (DeFi): Provides price feeds, asset valuations, and other financial data to DeFi protocols including decentralized exchanges, lending platforms, and derivatives markets.
- Supply Chain Management: Improves transparency and traceability by verifying and validating data related to shipments, inventory, and manufacturing processes.
- Insurance: Delivers real-time weather data, flight information, and other relevant data for insurance contracts and claims processing.
- Gaming and NFTs: Facilitates the integration of real-world events, sports scores, and gaming outcomes into NFTs and blockchain-based games.
- Identity Verification: Enhances security and privacy by authorizing access to decentralized applications and sensitive documents through verified decentralized identifiers.
$SUPRA token
The $SUPRA token is the primary unit for value exchange and service utilization within the Supra network, helping to align diverse participant incentives. This token serves several roles:
- Staking token: Strengthens the network's economic security.
- Work token: Allows owners to contribute work to a decentralized network.
- Gas fee coin: Enables transactions within the network.
- Subscription coin: Offers access to discounted services.
- Data access coin: Unlocks valuable insights.
- Governance token: Empowers the community in decision-making processes.
Partners
Supra collaborates with a variety of partners, including:
- 3Blocks
- Advantech
- Arbitrum
- Aibra
- Arcana
- Bitmart
- Bot Planet
- Chimeras
- Clear Pool
- Coin Metrics
- Coinbase Pro
- Dfyn
- Fuse
- Galaxy
- Injective
- Kala Network
- OKEx
- PureFi Protocol
- Sky Meta
- TrustFi
- Google Cloud
- Avalanche, among others.
Team
The Supra team is composed of experienced professionals:
- Joshua D. Tobkin - Chief Executive Officer
- Jon Jones - Chief Business Officer
- Dr. Aniket Kate - Chief Research Officer
- Arman Abgaryan - VP of DeFi Research and Analytics
- Arun Doraiswamy - VP of Engineering (Blockchain)
- Dr. David Yang - Chief Security Officer
- Dr. Easwar Vivek Mangipudi - Applied Researcher
- Eleanna Kalaitzi - Chief Operating Officer
- Hamza Saleem - Senior Cryptographer
- Inéz Lin - Director of Product Design
- Isaac Doidge - Principal R&D Engineer
- Kai Pham - Chief Marketing & Creative Officer