Modefi (MOD)
Modefi creates oracle solutions for off-chain data, on-chain.
Basics
History
Audits & Exploits
- Bug bounty program can be found [insert here].
Bugs/Exploits
Governance
Admin Keys
DAO
Treasury
Token
Launch
Token Allocation
Utility
- Bonding to validate, staking to earn more MOD, governance and paying to use (11-2021).
Other Details
Coin Distribution
Technology
- Whitepaper or docs can be found [insert here].
- Code can be viewed here. "0 contributions in the last year"
How it works
- From their website (8-11-2022):
"Modefi integrates trusted oracles and data providers to use them as complementary entities instead of treating them as competition. Modefi integrates with the industries most trusted data providers. Such as Chainlink, Tellor, Band, Umbrella, DIA, Uniswap, Sushiswap, Compound and MakerDAO. Integrating Modefi's DAOS is a quick and easy process which is as simple as inserting a snipet of code into your Smart Contract."
Fees
Upgrades
Staking
Validator Stats
Liquidity Mining
Scaling
Interoperability
Other Details
Oracle Method
Their Other Projects
DeFi Dashboard
- "Coming soon". From their website (8-11-2022):
"Modefi's Modular Dashboard brings the innovation decentralized finance needs. The platform leverages tools, data, AI, API’s and analytics to give it’s users the means to become successful."
On-Demand Oracle Data
- "Coming very soon". From their website (8-11-2022):
"Modefi's easy to use contract creation wizard allows users to request data with no coding or blockchain experience, on any chain. These contracts can be created for single / multiple use, tournaments (with monetary sponsors/rewards), prediction markets, wagers and more. With the creation wizard you can set up your own data request within minutes (not weeks or months). The fiat on-ramp makes it easy for first timers to get involved. Request any type of real world data, no more limitations. If your data request result is available to the public, it can be brought on chain."
- From their docs (11-2021):
"The On-Demand data oracle comprises a P2P network built around smart contracts and EOA’s. It’s designed to be easy to use and integrate by end users, developers and data validators.
Data reporters (validators) may be subject to Governance, and other means of social verification. Prior to being eligible to report data, the validator bonds collateral (if required by client) and will be rewarded upon successful consensus of the data they provide. Providing incorrect or manipulated data will result in the validator being disqualified from future requests and at risk of losing their stake."
Oracle Marketplace
- "Coming soon". From their website (8-11-2022):
"Choose from some of the most established names in the Oracle space. Intuitive data on each provider to help choose what's right for you or your business. Easy to use communication and utilization built right into the platform. Save valuable time by obtaining and integrating your data in one place."
Roadmap
- Can be found [Insert link here].
Usage
Projects that use or built on it
Competition
Pros and Cons
Pros
Cons
Team, Funding and Partners
Team
- Full team can be found here.
Funding
- Has the following investors on their website (8-11-2022):
Dext Force, GD10 Ventures, Base Protocol, CyberFi, x21Digital and MoonWhale.
Partners
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