About Product
We develop several products focused on providing services and information to data on the blockchain.
Warehouse
Database
AresScan
Areschain Explorer
Wikipedia
Product Documents
Gladios
Testnet
Ares Protocol (ARES)
0.04USD
- 3.32%
Rank
1142
MarketCap
$6400053.37
Volume
$809945.75
Product Function
Ares oracle is developed based on Substrate, mainly including ares-oracle, oracle-finance, and staking-extend, which pallets are responsible for “Quotation integration,” “validator reward distribution,” and“ validator compliance review”.
Want to integrate our oracle products info@aresprotocol.io
Warehouse
Ares standard database with trading price weights configurable service.
77+
Cryptocurrency- Get transaction prices
- Get prices after aggregation
- Get all prices by token
- Get token history price
- Get token request information
- Get updated price history
AresScan
A high-precision query tool based on Substrate, supporting querying all ARES on-chain transactions and on-chain data based on Ares Oracle.
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Validator
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Total Transfer
- -
Requests for a block
- -
Total Rewards Issued
Technology Architecture
Ares is an on-chain verifying oracle platform powered by Polkadot. It provides reliable off-chain data efficiently in a trustless manner.
Aggregator
The aggregator obtains external request data through Scanner, sends the request to the Provider to process all Oracle requests, and uses VRF to ensure the randomness of the aggregator.
Challenger
The challenger verifies the integrity and validity of the data submitted by the aggregator and provides fraudulent aggregator data and correct data to the Reputation Committee for rewards.
Reputation Committee
By incentivizing validators and punishing malicious aggregators, the security of the Ares network is ensured. The Reputation Committee is fully self-governed by the community, running through token mortgage and reputation weighting.
Data Consumer
Data consumers can be objects that need to obtain external data in smart contracts, parachains, and DAPPs. They can provide various credible and compelling data for DEFI, prediction markets and gambling.
Node Operator
Node operators, as full nodes of the Ares network, verify data by comparing it with the locally stored data market to ensure the Ares network's security and provide oracle RPC services.
Economic Model
The Ares token will be released to motivate all participants in the system and ensure the growth and development of the ecosystem through community governance.
Economic Model
Community Governance
Treasury
Arbitration
Transaction Fee
Node Mortgage
Application Scenario
Ares provides precise and reliable real-time off-chain data for DeFi use cases such as decentralized stable coins.
ARES CHAIN
Financial Derivates
Stable Coins
Insurance
Lending
IOT
Prediction Market
NFT
DEX
Our Partners
Ares Protocol team works with crypto industry partners.
Gate.io
Polkadot
Kusama
MXC
Crust Network
BNB CHAIN
PancakeSwap
Token Pocket
Coinhub
Kesef FinanceRoad Map
All you need is the plan, the road map, and the courage to press on to your destination. — Earl Nightingale
2020Q4
Issue White Paper 1.0
Core protocol design
Apply for Web3 fund grant
Develop prototype based on pallet and off-chain work
2021Q1
Improve the economic model
Integrate Ares Protocol in Polkadot Defi projects
Obtain Web3 foundation grant
2021Q2
Publish Technology Yellow Paper
Develop testnet
Listing on the secondary market
2021Q3
Strengthen the cross-chain interaction of the oracle users
Improve challenger and Arbitration counsel model
Improve economic model design
Last Updates
Check the latest updates about our project on Medium
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Copyright © 2023.The Ares Protocol All rights reserved.
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