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What is Socean?

Collaborate with leading validators to bolster network security while gaining rewards from staking and decentralized finance on the Solana platform. Our advanced algorithms are meticulously crafted to pinpoint validators known for their reliable performance. SOCN is committed to forming valuable partnerships with a variety of DeFi projects within the Solana ecosystem, ensuring mutual growth and innovation. Every validator has the chance to be involved, and we prioritize transparency by steering clear of any hidden arrangements. By distributing stakes among a wide array of validators, our algorithms enhance the overall health of the network. We have worked in close partnership with Solana labs to deploy a secure and audited smart contract, reinforcing our commitment to safety. Investors can leverage our governance token to engage in decision-making processes related to pool configurations and improvements. A stake pool facilitates the collective management of SOL funds on behalf of users, directing them towards a chosen set of validators. Participants are issued a token (SOCN) that represents their stake in the pool. Operating as an algorithmic stake pool, Socean makes staking decisions based on clear logic and objective data. Our aspiration is for Socean to attain complete autonomy in the future, relying exclusively on independently verifiable oracle data to steer its functions. Through this approach, we seek to foster a more resilient and efficient staking ecosystem for all participants, ensuring that everyone involved can benefit from its advancements. Ultimately, our goal is to create a dynamic environment where innovation and collaboration thrive.

What is API3?

Develop resilient decentralized applications by leveraging API3's governance framework and dependable data feeds that are consistently reliable. The dAPIs provided by API3 aggregate data from first-party oracles operated by top API suppliers worldwide. This innovative structure supports decentralized, minimized trust, and transparent governance, effectively removing the necessity for intermediary third parties. It safeguards users against potential failures in data feeds, ensuring they have access to real-world information suitable for any smart contract platform. Governed by an open DAO that includes stakeholders, industry experts, and project partners, API3 data feeds function with greater transparency and diminished reliance on centralized entities, thus avoiding risks associated with centralized weaknesses. Moreover, API token holders can engage directly in the governance of the project by staking their API3 tokens within the insurance staking contract, granting them rights to shares in the API3 DAO, thereby nurturing a community-oriented ecosystem. This collaborative strategy significantly boosts the reliability and accountability of the decentralized applications that utilize these data feeds, ultimately leading to a more trustworthy environment for all participants involved.

Media

Media

Integrations Supported

Base64.ai
Chainlink
DeepDAO
Docker
Harmony
Honeycomb
Mercurial
Moonbeam
Moonriver
Orca DEX
Phantom
Raydium
Serum DEX
Slope
Solana

Integrations Supported

Base64.ai
Chainlink
DeepDAO
Docker
Harmony
Honeycomb
Mercurial
Moonbeam
Moonriver
Orca DEX
Phantom
Raydium
Serum DEX
Slope
Solana

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Socean

Date Founded

2021

Company Website

www.socean.fi/

Company Facts

Organization Name

API3

Date Founded

2020

Company Location

United Kingdom

Company Website

api3.org

Categories and Features

Categories and Features

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