The following is an advertorial article that was not written by Cryptonews.com journalists.
The blockchain analysis platform Euler.Tools will present its eagerly awaited dashboard and tools on May 5th at 5:00 p.m. UTC. The launch is designed to provide traders with the best analytical tools and features to guide their trading foray into the crypto market.
Euler.Tools will be temporarily available for free from the launch date until May 12th, giving users access to premium features before they go behind a tiered paywall. This development is expected to be a major innovation in the crypto space that will allow traders to have multiple trading tools, portfolios and data feeds on a single platform.
Euler.Tools is a blockchain project that aims to provide traders with an efficient and user-friendly platform to access various tools that will help traders analyze market trends, predict future price movements and learn more about the blockchain space. The project is named after the legendary mathematician Leonhard, who is known to have solved the Königsberg bridge problem.
Access multiple tools for trading
Euler.Tools helps traders by offering 10 different tools that allow users to access on-chain activities, price changes and other parameters. The platform is designed to explain blockchain to the average merchant and visualize data to ease the user’s learning curve.
Users receive all information, such as the price of crypto assets, market information and analysis tools, aggregated on a single platform and do not have to use multiple apps and websites at the same time. Euler.Tools also offers analytics tools to analyze this information to help traders make informed trading decisions.
You can easily compare tokens, check market volume and mint / burn rates for different crypto assets. Alerts can also be created to notify traders of price changes or notifications of rug pulls that may affect their assets.
Euler.Tools also supports various wallets that can be connected to a central dashboard to obtain extensive information on cryptocurrencies. Users can also conduct extensive data research on individual cryptocurrencies, which makes Euler.Tools the ideal platform for traders.
A MetaOracle platform
The rise of decentralized funding is largely due to oracles that ensure interoperability with on-chain and off-chain. Oracle protocols like Chainlink do not have a precise parameter for calculating an asset price.
Additionally, Chainlink’s security measure is to compare the value with other oracles for consensus. This leads to high costs, and since each request costs link tokens, the value of which has increased in recent months.
Euler.Tools solves this problem by aggregating not only the value of prices but also the outcome of transactions. This means that Euler.Tools not only checks the price, but also analyzes the correctness and usage of the asset and turns it into a MetaOracle.
Apart from the gas costs, dealers can access Euler.Tools oracles free of charge as long as they have a valid Euler subscription. Euler.Tools is working on developing its oracles on the Binance Smart Chain (BSC), and once the APIs are ready, traders can get accurate price feeds for on-chain and off-chain trades.
What makes Euler.Tools different?
Euler.Tools is designed for dealers and includes three unique subscription models that give users access to various tools. The first model will integrate a system where users can access Euler.Tools by connecting a wallet containing the EULER token.
Once connected, traders will have access to basic tools but will be charged for premium tools. This subscription method is similar to a freemium model, where users access a free service but pay when they want to take advantage of additional features or tools.
The second subscription model implements a tiering system where merchants pay a fixed amount to access advanced features like portfolio management and set up Telegram bots to send rugpull notifications.
The third method is for top traders and companies that need to process large amounts of data. This subscription method provides merchants with complete API keys to interact with the tools offered by Euler.Tools.
All of these tools are supported by the native EULER token, a BEP20 token. This token is deflationary with a built-in buyback mechanism. Merchants use the EULER token to pay for tools within the Euler.Tools ecosystem.
To learn more about Euler.Tools, visit https://euler.tools/ and the media page https://firstname.lastname@example.org.