Gora Network, the leading multichain oracle network built on Algorand, is announcing the official launch of its native token, GORA, on the Ethereum Virtual Machine (EVM) via the ERC-20 standard. This strategic expansion unlocks new possibilities for the Gora ecosystem by fostering wider user adoption and increased liquidity across the DeFi landscape.

Enhanced Accessibility and Interoperability The launch of GORA in ERC-20 marks a significant milestone in the expansion strategy of Gora Network's EVM roadmap, complemented by the RociFi merger and the integration of Gora oracle on EVM networks. Developers can now explore Solidity code examples for data requests and off-chain computations in Gora, empowering them to create sophisticated dApps beyond simple price feeds.

Benefits for the Gora Community
With GORA now available on ERC-20, the Gora community can expect a range of advantages:

Increased liquidity: Listing on a prominent platform like ERC-20 provides access to a broader user base, potentially leading to increased trading volume and liquidity for GORA.
Enhanced utility: Users can now leverage GORA across a wider range of DeFi applications and services built on the EVM chain.
Trading opportunities: By becoming an ERC-20 token, GORA gains access to a broader pool of liquidity on Ethereum-based decentralized exchanges (DEXs) and liquidity pools. This enhances trading flexibility.

A Stepping Stone for Growth The integration of GORA as an ERC-20 asset underscores Gora Network's commitment to growth within decentralized finance. By embracing interoperability across blockchains, Gora unlocks opportunities for decentralized applications, developers, and users. This paves the way for GORA integration into Ethereum DApps and smart contracts, leveraging Gora Network's oracle solutions.

The GORA ERC-20 launch marks a pivotal moment, signifying Gora's expansion and commitment to building a future-proof oracle infrastructure. By fostering interoperability and innovation, Gora Network plays a vital role in shaping a more accessible DeFi future.

Empowering Developers: New Tools and Resources Gora remains dedicated to supporting developers in building the next generation of DeFi applications. As part of this commitment, Gora is releasing comprehensive developer tools, including Solidity code examples for seamless integration into Ethereum dApps.

Beyond EVM expansion, Gora explores Machine Learning and AI to bolster oracle security and reliability. By embracing cutting-edge technologies, Gora aims to push boundaries and contribute to a more trustworthy DeFi ecosystem.