DeFiOracles, a Flare Times Series Oracle Provider (FTSOs), is testing its Songbird infrastructure
- SGB and WSGB Take Off Live at DeFiOracles
- Songbird’s First Steps “Monitor Mode”
Launched in early March 2021, DefiOracles is one of the first vendors of the Flare blockchain infrastructure (FLR) and the Flare Finance DeFi ecosystem. Her team shares the results of the stress test.
SGB and WSGB Take Off Live at DeFiOracles
According to the announcement shared on the DeFiOracles Twitter account, her team is experimenting with Songbird’s SGB tokens and their encapsulated version (WSGB).
I am happy to report that the test is going smoothly!
Our knot is healthy!
here we have Tweet embed wrap / unwrap SGB dollar And WSGB Dollars Delegation service! We intend to offer the lowest delegation rate on the network, giving reps the highest returns while the rewards are the highest! pic.twitter.com/UJhc2g5e8O
– DeFiOracles (DeFiOracles) September 21, 2021
The team ensures that testing is running smoothly while node operations are “healthy”. The DeFiOracles team has shared screenshots of the system working with SGB and WSGB.
DeFiOracles engineers added that their top priority is to provide the lowest authorization rate on Flare and Songbird.
As such, their reps will get the highest rewards for their stakes compared to other FTSO clients.
Songbird’s First Steps “Monitor Mode”
However, DeFiOracles is among the pioneers in trying out Songbird (SGB) tokens. These tokens were distributed to the airdrops on September 17, 2021.
Songbird is Flare’s “canary net” launched to stress-test all of its core financial designs. Uses “real” tokens instead of testnet coins from faucets.
Songbird (SGB) now operates in monitoring mode: its processes can be stopped and its nodal counterpart becomes semi-centralized. In the coming days, the central elements will be removed.