• Lithium will now obtain pricing information from the highest crypto VC and funding fund on illiquid or non-public belongings.
• The early-joiners of blockchain domains, reminiscent of blockchain firms, will get assist from this pricing function. 
• This collaboration is the results of Lithium’s plan to push fiat belongings inside DeFi ecosystem.

Lithium Finance has provide you with an answer that may assist them in pricing belongings which are unpriced. It has onboarded Pantera Capital as considered one of its Knowledge Nodes. Pantera Capital is America’s main hedge fund which focuses on cryptocurrency and in addition helps crypto funding that are of early-stage. It’s the first, fully cryptocurrency devoted funding agency. The agency has garnered big recognition within the area. It is going to help knowledge seekers of Lithium by availing pricing data for the belongings that have been tough to be priced earlier than. 

The ecosystem of Lithium has all the time confronted issues within the pricing area. The interplay between Knowledge Seekers and Knowledge Nodes is instrumental in gaining the knowledge on value.  The DMI function helps to land on the proper reply on pricing. It does this by offering rewards to the nodes which give truthful responses. The nodes that present baseless or malicious data are penalized. 

Pantera Capital’s collaboration with Lithium provides to the names of prestigious corporations that may value illiquid or non-public belongings. It’s anticipated that this collaboration would assist mend the hole between blockchain start-ups and DeFi investments and capital. 

Based on David Lighton, co-founder, Lithium Finance, Pantera Capital is a privileged addition to the ecosystem. It’s helpful to the Knowledge seekers who want precise pricing on belongings of personal nature like beginner blockchain firms. They’re on the trail to broaden their spectrum of Knowledge nodes and seekers to assist their product rollout. 

The market additionally considers the partnership to be a fantastic step for the neighborhood. It is going to undeniably assist new joiners locally.

As per Paul Veradittakit,  Accomplice, Pantera Capital, pricing is a tricky problem as they bring about illiquid or non-public belongings from the true world into the DeFi area. It’s somewhat thrilling to witness Lithium leveraging the decentralized knowledge to type an oracle answer that may finally assist DeFi cope up sooner or later.