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Delphi Systems, ticker PHI, is an innovative cryptocurrency platform that aims to revolutionize the use of oracles in smart contracts. Oracles serve as the source of truth for smart contracts, and Delphi Systems provides frameworks to decentralize this power. By decentralizing the Oracle function, Delphi Systems enables the trustless and transparent execution of smart contracts.
Delphi Systems introduces the PHI token, a compound token architecture combining minimal and signal components. This architecture represents one of the most sophisticated token constructs on the Ethereum blockchain. Users can obtain PHI tokens through the Autobid contract and convert between PHI and sPHI tokens using the Token Contract.
Besides its Oracle solutions, Delphi Systems offers a suite of frameworks and modules, including Pythia and Omphalos. These frameworks provide various benefits over other Oracle solutions and are designed to capitalize on the advantages of the Delphi platform. With its decentralized oracle marketplace, Agora, Delphi Systems aims to power the innovative contract economy of the future.
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