Chronicle Protocol, the exclusive $5B+ Oracle of MakerDAO, opens access to all Web3 builders

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Zug, September 5, 2023 – Chronicle, the second largest Oracle provider that safeguards over $5 billion for MakerDAO and its ecosystem, is proud to announce the launch of Chronicle Protocol. This release marks the first time the protocol will be available outside of MakerDAO.

Niklas Kunkel, Founder of Chronicle, co-developed the first Oracle on Ethereum in 2017 to facilitate the creation of SAI, the predecessor to DAI. Many iterations later, Chronicle Protocol remains the steadfast guardian of assets within MakerDAO. At times, this responsibility extended to securing over $10 billion, enabling Maker to solidify its role as the leading DeFi protocol and the largest on-chain lender in the space. 

Chronicle seeks to address numerous challenges Oracle providers and users face while granting universal access to the decentralized protocol for all developers. Chronicle will launch first on Polygon zkEVM to service the fast-growing ecosystem and lay the foundation for integrating another of Chronicle's key partners, Spark Protocol.

“Verifiable Oracles at scale are a critical innovation to ensure the integrity of DeFi,” emphasized Founder Niklas Kunkel. “Powering MakerDAO and Spark’s DAI money markets, Chronicle is unlocking DAI’s strategic transition to the leader in L2 ZK rollups, Polygon zkEVM.”

Chronicle Protocol will launch with a number of new and unique features:

At the core of Chronicle’s mission is verifiability. This rests on the premise that all data should be verifiable, and verification eliminates the need for trust.  As a result, the protocol showcases an on-chain dashboard called The Chronicle that allows anyone to