eOracle Launches on Berachain Mainnet, with Major DApps Already Utilising the eOracle Stack
eOracle has officially launched on Berachain mainnet, bringing the largest and most secure oracle network to this innovative blockchain ecosystem. This expansion enables builders to access specialized data feeds through the most reliable and decentralized oracle solution, supporting a new wave of decentralized applications on Berachain.
Introduction to Berachain
Berachain is a Layer 1 blockchain that combines EVM-identical execution with a novel Proof of Liquidity (PoL) consensus mechanism. Unlike EVM-compatible chains, Berachain maintains full synchronization with Ethereum's execution layer, enabling integration with Ethereum toolsets and compatibility with future Ethereum upgrades.
The chain implements a PoL consensus mechanism that aims to address liquidity challenges in emerging blockchains. The mechanism works as follows:
- Liquidity providers deposit capital into ecosystem reward vaults, receiving $BGT (non-transferable governance token)
- $BGT holders can:
- Delegate to validators for $BERA (gas token) rewards
- Burn $BGT directly for $BERA
- Validators with highest $BGT holdings influence reward distribution across liquidity pools
- This creates a feedback loop between liquidity provision and consensus
eOracle's Comprehensive Support for the Wider Berachain Ecosystem
eOracle's launch on Berachain mainnet brings comprehensive support for all main markets, providing essential data for the ecosystem's continued growth & sustainability. This integration enables developers to access specialized price feeds and data services crucial for building reliable DApps.
Developers can access the full range of supported feeds through our documentation here
Supporting Leading DeFi Protocols
eOracle's has already begun powering prominent protocols within the Berachain ecosystem with integrations including:
- BeraBorrow: Leveraging eOracle's price feeds for secure lending operations.
- Announcement to follow soon!
- BeraBuzz: Utilizing oracle services for advanced trading functionality.
- Infrared Finance: Providing secure feeds for all Infrared LSTs
The eOracle Stack: Rewriting the Oracle Landscape
Web3's ambition to revolutionize real-world industries has faced a significant bottleneck: getting reliable real-world data on-chain in a truly decentralized way. The eOracle Stack tackles this challenge by introducing a comprehensive oracle infrastructure platform that enables domain experts to build specialized Oracle Validated Services (OVS).
Rather than forcing every oracle provider to build and maintain their entire stack – from infrastructure to security, node networks, and data solutions – eOracle provides a modular foundation through three key components: eOracle Modular Operators leveraging EigenLayer's security, an Immutable Layer for transparent data processing, and a Cryptographic Broadcaster for cross-chain data delivery.
This separation of concerns allows domain experts to focus on their specific data quality and validation needs, whether in finance, climate, or legal data, while inheriting enterprise-grade security and reliability. Think of it as the Wikipedia of oracle development – instead of trying to write all content internally, it empowers specialists to contribute their expertise within a secure, standardized framework.
Visit the OVS Stack Webpage here
Resources for Builders & the Community
Join us in building the future of decentralized finance on Berachain, powered by eOracle's secure and reliable data feeds. Together, we're creating a more accessible, efficient and innovative DeFi ecosystem.
Developers interested in implementing eOracle solutions can access our comprehensive documentation and support resources:
- Berachain feed addresses: docs.eoracle.io/docs/eoracle-price-feeds/feed-addresses/berachain-bartio
- OVS Stack documentation: www.eoracle.io/ovs
- Community hub: link3.to/eoracle