Pyth Retrospective Airdrop
At Tigris Trade we have been leveraging Pyth Price Feeds to power our Oracle infrastructure and deliver provably fair low-latency pricing to traders. Thanks to this, Tigris has been awarded 500,000 $PYTH tokens through the Pyth Retrospective Airdrop.
We have decided to allocate 200,000 $PYTH to incentivize trading and liquidity providing while 300,000 $PYTH will be set aside to fund development.
The tokens are currently held in a Squads multi-sig controlled by the team: https://app.squads.so/squads/E1HVdZkh992KT6qrfrtR3se5xmSqZKjgfSGMiF8R6jGP/treasury/E1HVdZkh992KT6qrfrtR3se5xmSqZKjgfSGMiF8R6jGP
How Tigris uses Pyth
Tigris Trade has an unique oracle infrastructure, powered by oracles and keepers.
The oracles receive off-chain price data from Pythnet, add additional data to it (spread, timestamp, etc.), sign the data and deliver it to keepers.
When interacting with the UI, users send orders to keepers via HTTPS which then execute it on-chain. This architecture allows for instant on-chain execution and settlement.
Pyth’s low latency and fast updates contribute to the smoothness and reliability of the system. Wide asset coverage enables the platform to offer trading on many categories of assets.
By integrating Pyth, Tigris Trade achieves faster execution, enhances data quality and trust, and positions itself for a more decentralized and multi-chain future.
Try out Tigris Trade: https://app.tigris.trade
Tigris Trade:
- Website: https://tigris.trade
- Docs: https://docs.tigris.trade
- Twitter: https://x.com/TigrisTrades
- Discord: https://discord.gg/uvKxpjYV4k
Pyth Network:
- Website: https://pyth.network
- Price Feeds: https://pyth.network/price-feeds
- Docs: https://docs.pyth.network
- Twitter: https://x.com/PythNetwork
- Discord: https://discord.com/invite/PythNetwork
