FLAREPEDIA

Oracle Swap is an open DeFi platform on the Songbird Network. Oracle Swap plans to offer several different products such as a Decentralized Exchange (or DEX) to swap tokens and a NFT marketplace to buy and sell NFTs. Oracle Swap has also launched an NFT collection called The Oracles which sold out within a week of launching. ^[1] 

Oracle Swap's primary product is its decentralized exchange (or DEX). This exchange is a peer-to-peer marketplace that allows users to interact and trade with each other without relying on a central authority. Oracle Swap can be used to swap tokens and earn passive income by providing liquidity to its liquidity pools. ^[1]

Oracle Swap utilizes the Songbird Network's technology to perform swaps almost instantly at insanely low fees. ^[1]

In theory any token that resides within the Songbird Network can be listed and traded within Oracle Swap. ^[1]

Oracle Swap's DEX uses the $ORACLE token as its native token. Users can stake the $ORACLE token within the ecosystem to earn additional rewards. ^[1]

Oracle Swap's DEX successfully passed an audit by Solidity Finance. ^[2]

Oracle Swap plans to offer its own NFT Marketplace. This marketplace will offer a selection of new functions that are unique to the Songbird Network. Some of these unique features include self-minting your own NFTs within the marketplace and the ability to make bids and accept offers on NFT sales. ^[1]

Oracle Swap's “The Oracles” NFT collection will be able to be staked within the Oracle Swap NFT Marketplace. ^[1]

Oracle Swap has laid out a roadmap that describes their targeted launch for various elements of their product: ^[1]

• Q2 2022
  • The Oracles NFT sellout
  • Airdrop of the $ORACLE token
  • Add liquidity to Oracle Swap DEX for $ORACLE token and others
  • Launch Oracle Swap
• Q3 2022
  • Add USD prices to Oracle Swap DEX
  • Analyzer / Charts launch for Oracle Swap DEX
  • NFT Marketplace launches
  • The Oracles NFT staking enabled
  • Oracle Swap starts providing data as a signal provider on Songbird
• Q4 2022
  • Surprise NFT airdrop to The Oracles NFT holders
• TBD
  • Prepare for Flare Network launch and F/S Asset integrations