Lithium Finance Oracle is a collective-intelligence platform powered by cryptocurrency incentives that take advantage of Ethereum's global asset rails' immutability to generate high-quality data.
Lithium Finance created a utility token - Lith, that can be used as a reward as well as a staking token for questions and answers. Each user will stake a certain amount as either bounty (when asking a question) or confidence (when answering) during the process of posing a question and answering it. This staking combination generates stronger signals that point to the best information.
Lithium Finance is in a unique position to take advantage of a point of convergence between blockchain, distributed wisdom, and the economic and technical engine to bring these forces together to pull the traditional finance and DeFi together, enabling tremendous growth and innovation at the interface.
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