Empiric Network

What Is Empiric Network?

Empiric Network is the first decentralized, transparent and composable oracle network, leveraging state-of-the-art zero knowledge cryptography.

Empiric Network Unique Features

Transparency

On-Chain. Anyone can verify any data point from origin through transformation to destination. 

Verifiable Performance. Every time a publisher sends new data to Empiric, the smart contracts emit events, so anyone can inspect the network’s historical performance.

Decentralization

Proprietary data. High-quality publishers sign and bring their proprietary data directly on-chain, giving Empiric Network its best-in-class robustness and accuracy.

No off-chain infrastructure. This makes Empiric as decentralized as the underlying zk-rollup networks.

Composability

Cheap zk-computation. Raw data building blocks can be composed on-chain. Thus, new feeds that are just as secure and robust as the main price feeds can be created using verifiable computation.

Advanced computational feeds. We are working with leading protocols to create dynamic yield curves, risk metrics, volatility surfaces and more…

Transaction Costs – Customization

Stable currency or legal currency are figured as Gas fee’s anchor unit, and it makes regular or irregular adjustments based on the market price of the token to maintain stable transaction costs and decouple the number of transactions and the busyness of the network. At the same time, Empiric Network APP allows to formulate a flexible incentive mechanism to replace the gas cost.

Roadmap

TBA

Empiric Network Token Economy

TBA

Detailed Token Metrics

TBA

Token Distribution

TBA

Token Release Schedule

TBA

Partners & Advisors

Team

TBA

Investors

Empriric Network received the investment from Variant, Alameda Research, CMT Digital, Flow Traders, Gemini and Jane Street plus ecosystem partners StarkWare and Polygon co-founder Sandeep Nailwal, among others.