Supra is a vertically integrated blockchain platform aiming to be an "IntraLayer" network facilitating automation and interoperability between other blockchains and external systems.
IntraLayer Network Infrastructure
Supra aims to serve as an "IntraLayer" network that seamlessly connects between multiple external blockchains and systems. To enable this interoperability, Supra features a range of integrated services within its infrastructure:
Supra's oracle service facilitates reliable data transmission between blockchains and external systems. It acts as a conduit enabling smart contracts on Supra and other chains to interact with real-world data. Supra oracle nodes retrieve data from various sources, aggregate the values using a consensus protocol, and deliver tamper-proof data to smart contracts. This allows the overall system to incorporate verified information from the outside world.
Supra's cross-chain bridge enables asset transfers between different blockchains. It generates cryptographic proofs that facilitate verification of cross-chain messages and transactions. This means assets on external chains can be ported into Supra's ecosystem and vice versa trustlessly without centralized custodians. Supra aims to retain the security of the source chain using "bridgeless" designs based on direct consensus verification.
High Performance Blockchain Network
Supra features its own native blockchain network focused on high throughput and fast finality. Innovations in its Moonshot family of consensus protocols offer reduced latency compared to predecessors. This provides an efficient base layer for transaction execution and automation.
Smart Contract Platform
Supra allows smart contracts deployed on its blockchain to seamlessly integrate with external chain ecosystems via its oracle and bridge services. This facilitates complex cross-chain application logic to harness DeFi services across platforms.
Supra introduces conditional transaction execution without human intervention based on pre-defined triggers from smart contracts. This enables decentralized scheduling of intricate workflows across multiple chains.
In addition to its network services, Supra features an integrated suite of advanced DeFi protocols aimed at tackling liquidity and value fragmentation across blockchains:
Dynamic Function Market Maker (DFMM)
The DFMM is an Automated Market Maker (AMM) protocol that connects isolated liquidity pools across multiple chains via Supra's bridge infrastructure. It enables efficient decentralized trading across ecosystems. The DFMM optimizes pricing functions to limit slippage and balance inventory risks relative to traditional AMM designs.
Fiscal Policy Framework
Supra employs an automated fiscal policy framework designed to align network sustainability with user incentives. This facilitates decentralized price discovery and budget allocation for its various services. It aims to create a productive economic environment through stabilized service costs and subsidization measures to grow the network.
Supra offers an optional risk management protocol to mitigate losses for users of its oracle, bridge and other services. By structurally assessing risks, assets can be protected through insurance-like mechanisms. This adds economic assurances for users and security guarantees for the ecosystem.
Money Market Protocol
The Money Market Protocol combines Supra's DeFi services to offer advanced financial instruments. This modular framework aims to improve management and access to cross-chain lending, derivatives, investments and other complex transactions. The interconnectivity enables efficient asset flows between isolated pools in different blockchain ecosystems.
The $SUPRA token is the native cryptocurrency that powers Supra's blockchain network. It has a multi-faceted utility system designed to align incentives across the project's services and users. $SUPRA facilitates:
Supra requires staking of $SUPRA tokens to validate transactions and provide services across the network. This secures the system through slashing risks if protocols are attacked. It decentralizes the network's infrastructure amongst invested participants.
$SUPRA is used to pay for all of Supra's functionality including oracles, bridges, automation, computation and storage. Fees are charged at initiation to avoid wasted resources.
As an oracle provider, Supra aggregates valuable blockchain datasets. $SUPRA can be used to unlock and purchase access rights to various data streams.
Users can lock up $SUPRA tokens to get subscriptions that reduce the cost of Supra's offerings. Locked up assets pay down service fees at discounted rates over time.
Supra aims to launch a reputation-based governance system using soulbound NFTs. Holding $SUPRA tokens grants eligibility, but merits dictate influence based on a range of performance indicators. This prevents excessive centralization risks.