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Pyth Network’s Entropy Launches on Quail Finance

Twitter icon  •  Published 1 year ago on May 22, 2024  •  Hassan Maishera

The Pyth Network announced via X on Tuesday that its Entropy feature is now available on Quail Finance.

Pyth Network’s Entropy Launches on Quail Finance

The Pyth Network announced via X on Tuesday that its Entropy feature is now available on Quail Finance. Quail Finance is a SocialFi dApp where users can rotate credit within their trusted social circles to tackle liquidity woes, encourage saving habits, and build trust with peers on Blast.

Quail Finance relies on Pyth Entropy to select the pots’ winners randomly after all users have deposited in the pot.

Pyth Network is an innovative decentralized oracle that sources financial market data from over 90 first-party publishers, including major exchanges and market-making firms worldwide. PYTH is down by 6% in the last 24 hours and is currently trading at $0.4688 per coin.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.