What is Charli3?

Charli3 is a decentralized oracle developed on the Cardano blockchain, designed to integrate with projects operating within the Cardano ecosystem. Its architecture aims to leverage the characteristics of Cardano, including lower transaction fees and enhanced network agility, to facilitate its functionality as a standard oracle for Cardano-based applications.

The project seeks to reduce barriers for development and usage among Cardano projects by providing a native solution. As Charli3 is specifically built to operate within the Cardano environment, it aims to enhance the overall accessibility and adoption of decentralized oracles on this blockchain. The specifics of the governance model and supply cap were not detailed.