IFÁ LABS

PROJECT OVERVIEW
IFÁ Labs is a multichain oracle infrastructure that delivers reliable, verifiable price feeds for assets in emerging market, like local stablecoins, RWAs such as tokenized treasury bills, stocks, and money market funds.
The goal of IFÁ Labs is to enable onchain finance in markets that traditional oracle systems currently do not support. Early-stage assets like cNGN (Nigerian stablecoin), ZARP (South African stablecoin), BRZ (Brazillian stablecoin), CADC (Canadian stablecoin), local tokenized assets (MMFs, Cash crops, real estate etc).

PROBLEM
According to Cointelegraph, approximately 86.95% of DeFi products rely on Chainlink, Pyth, WINkLink, Switchboard, and Chronicle for price data. However, most of them do not support local assets in emerging-market, largely due to high listing requirements that are typically unrealistic for local asset issuers. Without trusted oracle pricing: lending protocols cannot function safely, swaps become vulnerable to market-makers manipulation, real-world assets cannot be accurately tokenized, assets cannot be integrated into DeFi platforms. This creates barrier to adoption, limiting the growth and integration of local assets within and beyond the ecosystem. As a result, builders are often left with no choice but to rely on offchain data sources, which compromises decentralization and can be susceptible to manipulation.

SOLUTION
IFÁ Labs is built to support emerging-market assets, including local stablecoins, RWAs such as tokenized treasury bills, stocks, and money market funds.
What We Provide onchain;

• Verified price feeds for assets.
• Custom NAV feeds for tokenized RWAs.
• Oracle based-swap protocol.
  We make it possible for developers across supported chains to build DeFi products with accurate and verifiable price feeds/data.

KEY FEATURES

1. Onchain Oracles: Decentralized smart-contract–readable price feeds that deliver real-time, verifiable data for stablecoins, fiat FX, and selected crypto assets across multiple blockchains. These feeds are designed for DeFi protocols, lending markets, swaps etc.
2. CRE Integration: To power this system efficiently, IFÁ Labs integrates Chainlink CRE (Chainlink Runtime Environment) to serve as a decentralized offchain compute layer to run complex workflows that cannot be executed directly on blockchain networks.
3. Local & Emerging-Market Asset Support: Native support for local stablecoins and fiat currencies (e.g., cNGN, BRZ, CADC) that are typically excluded from major oracles due to high liquidity and volume requirements. This unlocks onchain accessibility for underserved markets.
4. Multi-Source Data Aggregation: Prices are aggregated from multiple sources. This reduces reliance on any single source and improves accuracy and resilience.
5. Price Verification & Integrity Layer: A dedicated verification system that checks timestamp freshness, source consistency, deviation limits, and peg stability before publishing prices. Onchain verifier contracts acts as a safeguard against stale or manipulated data.
6. Public Price Auditability: Every asset price published by IFÁ Labs is publicly auditable on our website. Anyone can inspect price sources, timestamps, update frequency, and historical values- ensuring full transparency and trustlessness.
7. Oracle-Based Stablecoin Swap Protocol: A native swap protocol powered directly by IFÁ Labs price feeds, optimized for sawps. It prioritizes price accuracy, minimal slippage, and capital efficiency - without reliance on traditional AMM mechanics.
8. Developer Community & Ecosystem (Telegram): A developer forum where builders gain Early access to oracle feeds and tooling, Technical support and integration guidance, Opportunities via hackathons, grants, and partnerships, and Direct feedback loops.
   WHY THIS MATTERS FOR CHAINLINK
   Chainlink is positioned as the industry-standard oracle platform bringing the capital markets onchain. However, many emerging-market assets remain unsupported and inaccessible to the onchain economy because reliable, verifiable pricing infrastructure does not exist for them.
   This creates a critical gap: real-world financial activity exists, but it cannot be reliably represented onchain.
   IFÁ Labs bridges this gap by building oracle-grade oracle pricing infrastructure for emerging-market assets. By integrating and computing the various data on Chainlink’s CRE, we extend the reach into new financial markets - unlocking entirely new local/emerging asset class and expanding the scope of assets that can be represented onchain.

NECESSARY LINKS
Github: https://github.com/IFA-Labs/
Website: https://www.ifalabs.com/
Twitter: https://x.com/Ifalabs
LinkedIn: linkedin.com/company/ifalabs
Blog: https://paragraph.com/@if-labs
Pitch Video: https://x.com/Ifalabs/status/1937942648439931147?s=20

PROGRESS DURING HACKERTHON
We integrated with the CRE.

IFA LABS is built as a modular oracle pipeline that delivers verifiable price feeds for emerging-market assets by combining offchain computation with secure onchain relaying. At the core of the system is the Chainlink Runtime Environment (CRE), which acts as the orchestration layer computing and connecting external data sources with blockchain smart contracts.

OFFCHAIN DATA AGGREGATION
Through CRE workflows, the system retrieves pricing inputs from multiple external sources such as FX reference APIs, issuer-reported asset data, exchange market data, and public financial datasets. These inputs are normalized into a common format to ensure consistent processing.

OFFCHAIN COMPUTATION WITH CRE
CRE executes the price computation logic offchain. The workflow validates data freshness, removes outliers, and aggregates sources using median or weighted pricing models. Deviation checks are applied to prevent abnormal values, ensuring a tamper-resistant final price before publication.

ONCHAIN ORACLE PUBLISHING
Once the price is finalized, the CRE workflow submits the result to an onchain oracle contract that stores the latest price, timestamps updates, and emits events. This contract acts as the canonical price source that other applications can query.

PROTOCOL CONSUMPTION
DeFi protocols and applications can consume these feeds for use cases such as swaps, lending, NAV pricing for tokenized financial assets etc.

TRANSPARENCY AND AUDITABILITY
To maintain trust, the system records price history, update timestamps, aggregation methodology, and source identifiers, enabling anyone to audit how a price was derived anytime.

TECH STACK
The system uses Solidity smart contracts on EVM-compatible chains, Go services for data pipelines, CRE workflows for orchestration and computation, and a Next.js/React frontend with Web3 integrations for developers and users.