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Razor Network is a decentralized oracle platform that provides data to smart contracts. It doesn’t depend on centralized servers to feed the information to its supported blockchains, ensuring efficiency, fault-tolerance and a high level of security.
Razor Network focuses on economic security, decentralization, protecting stakers from different vectors of attack and protecting clients from malicious stakers. It also offers ease of use for developers and collusion, censorship and bribing resistance.
RAZOR is the protocol’s native utility token that can be used to pay frees, stake and vote. Staking RAZOR as a user involves the processing of data requests and reporting of information to the network. When staked, RAZOR tokens get locked into a smart contract.