Chronicle, the second largest Oracle provider that safeguards over $5 billion for MakerDAO and its ecosystem, is proud to announce the launch of Chronicle Protocol.
This release marks the first time the protocol will be available outside of MakerDAO.
Niklas Kunkel, Founder of Chronicle, co-developed the first Oracle on Ethereum in 2017 to facilitate the creation of SAI, the predecessor to DAI. Many iterations later, Chronicle Protocol remains the steadfast guardian of assets within MakerDAO. At times, this responsibility extended to securing over $10 billion, enabling Maker to solidify its role as the leading DeFi protocol and the largest on-chain lender in the space.
Chronicle seeks to address numerous challenges Oracle providers and users face while granting universal access to the decentralized protocol for all developers. Chronicle will launch first on Polygon zkEVM to service the fast-growing ecosystem and lay the foundation for integrating another of Chronicle’s key partners, Spark Protocol.