- Chronicle Protocol announces its decision to expand from MakerDAO, launching onto other networks, starting with Polygon zkEVM.
- The move is part of a strategy to support the rapid growth of crypto ecosystems.
- This development comes in light of predictions of a 'crypto boom' in 2024, with Chronicle Protocol potentially playing a significant role.
In a dynamic and bold move, Chronicle Protocol, the second-largest oracle provider, is pushing boundaries and extending its reach beyond MakerDAO. The expansion will start with the launch on Polygon zkEVM. Chronicle’s path-breaking decision aligns with the burgeoning growth of the crypto ecosystem and its associated services.
Presently, Chronicle Protocol is an integral player in MakerDAO oracle provision. Still, its recent announcement promises an exciting shift. By choosing to establish its presence on Polygon zkEVM, Chronicle conducts a strategic leap into new and competitive terrain. Their move underpins an understanding of the developing ecosystems within the cryptocurrency expanse, targeting platforms with potential for extensive growth and user engagement.
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