Gaze Network is reshaping the oracle design for Bitcoin, creating an innovative "Bitcoin meme as infrastructure." Gaze Oracle integrates BTC minting tools, a meta-protocol indexer, Babylon technology, and Nubit DA. These components together provide a secure and cost-effective oracle solution for Bitcoin, opening the door to DeFi on Bitcoin.
Gaze Oracle aims to build on the Cosmos application chain, utilizing Babylon's Finality Gadget and AVS's liquidity to secure the network. Price data is then effectively stored on Nubit, and this data is bound to transactions on Gaze Tools to economically write price data on Bitcoin.
Previously, Gaze Network made significant progress in the Bitcoin space, laying a key foundation for a reliable Bitcoin oracle. The team created a unified indexer API that works across major meta-protocols, ensuring that meta-protocol data is ready for oracle solutions at launch. Community activities and minting tools also gained market attention, with trading volume exceeding 300,000 transactions within two weeks, as participants actively used these tools and joined the activities.
Gaze Oracle has also established strong partnerships with leading meta-protocols in the field, such as OP-Net, Arch Network, and BRC20 2.0. This enables the seamless introduction of oracle solutions into these platforms.
How can the community participate in the project?
Gaze Oracle's minting tool initiates activities where participants can earn points by using the tool. The event will take place from November 11, 2024, 14:00 UTC to December 4, 2024, 14:00 UTC, and these points can be used to apply for an NFT whitelist position. Additionally, every participant who mints during the event will receive a reward NFT.
Mint RUNE tokens through Gaze Tool and earn points for whitelist tickets for exclusive NFT purchases and raffles. The more you mint, the more points you earn, increasing your chances of winning in the NFT raffle and gaining priority for purchases.
Detailed activity instructions:
- Use the GAZE Mint tool on Telegram to mint RUNE tokens on the Bitcoin mainnet.
- Earn 10 points for each minting transaction.
- Accumulate 200 points to receive a private round whitelist ticket.
- Each ticket increases your chances of winning in the Guardian NFT raffle.
- Minting 10 times will count as 10 minting transactions.
Activity raffle:
- At the end of the event, all tickets from the total ticket pool will be collected for a raffle. (More tickets mean a higher chance of winning an NFT.)
- The raffle will take place one week after the public sale.
- Each wallet is eligible to win 1 NFT. (December 23, 2024)
- Guardian NFTs will be distributed two weeks after the event ends. (January 8, 2024)
Activity rewards: whitelist tickets in the raffle and 53 Guardian NFTs (valued at $100,000)
Activity link: [GAZE Mint tool on Telegram](https://t.me/gazetoolsbot)
Gaze Guardian NFT and The Guardian Event
Guardian NFTs represent early adoption and support for Gaze Network. Guardian NFT holders will be able to use their NFTs to claim tokens after the TGE. The upcoming Guardian NFT sale will include two rounds: whitelist ticket round (30%) and public round (70%).
Key timeline for the event:
- Gaze Tool launch: November 11, 2024
- Whitelist ticket snapshot date: December 4, 2024
- Whitelist round starts: December 5 to 11, 2024
- Public round starts: December 12 to 19, 2024
Guardian NFT issuance
A total of 2,500.00 Guardian NFTs will be created on the Bitcoin Ordinal network, accounting for 15% of the token allocation, with the remaining 85% allocated to liquidity pools, ecosystem development funds, teams, finances, and staking rewards and incentives. The complete distribution is as follows:
Reference links:
- Website
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