𝗗𝗲𝗙𝗶 𝗱𝗲𝗽𝗲𝗻𝗱𝘀 𝗼𝗻 𝗺𝗼𝗿𝗲 𝘁𝗵𝗮𝗻 𝗹𝗶𝗾𝘂𝗶𝗱𝗶𝘁𝘆
Liquidity gets a lot of attention in decentralized finance, but data integrity is equally important.
A protocol can have deep liquidity and sophisticated smart contracts while still depending on external information to make critical decisions.
Consider a liquidation engine.
The contract needs to know whether the value of collateral has fallen below a particular threshold.
That requires a price.
The price requires an oracle.
The oracle requires a data sourcing and aggregation mechanism.
This creates a chain of dependencies.
@WINkLink_Official is part of that infrastructure layer.
A robust data architecture can help protocols establish predictable mechanisms around:
• 𝗣𝗿𝗶𝗰𝗲 𝗱𝗲𝗹𝗶𝘃𝗲𝗿𝘆
• 𝗨𝗽𝗱𝗮𝘁𝗲 𝗳𝗿𝗲𝗾𝘂𝗲𝗻𝗰𝘆
• 𝗠𝘂𝗹𝘁𝗶𝗽𝗹𝗲 𝗱𝗮𝘁𝗮 𝗼𝗯𝘀𝗲𝗿𝘃𝗮𝘁𝗶𝗼𝗻𝘀
• 𝗔𝗯𝗻𝗼𝗿𝗺𝗮𝗹 𝗺𝗮𝗿𝗸𝗲𝘁 𝗰𝗼𝗻𝗱𝗶𝘁𝗶𝗼𝗻𝘀
• 𝗙𝗮𝗶𝗹𝘂𝗿𝗲 𝗿𝗲𝘀𝗽𝗼𝗻𝘀𝗲
The important takeaway is that DeFi infrastructure is interconnected.
Oracles are not an optional decoration.
For applications that rely on external information, they are part of the foundation.
@WINkLink_Official @Justin Sun孙宇晨 #TRONEcoStar
Liquidity gets a lot of attention in decentralized finance, but data integrity is equally important.
A protocol can have deep liquidity and sophisticated smart contracts while still depending on external information to make critical decisions.
Consider a liquidation engine.
The contract needs to know whether the value of collateral has fallen below a particular threshold.
That requires a price.
The price requires an oracle.
The oracle requires a data sourcing and aggregation mechanism.
This creates a chain of dependencies.
@WINkLink_Official is part of that infrastructure layer.
A robust data architecture can help protocols establish predictable mechanisms around:
• 𝗣𝗿𝗶𝗰𝗲 𝗱𝗲𝗹𝗶𝘃𝗲𝗿𝘆
• 𝗨𝗽𝗱𝗮𝘁𝗲 𝗳𝗿𝗲𝗾𝘂𝗲𝗻𝗰𝘆
• 𝗠𝘂𝗹𝘁𝗶𝗽𝗹𝗲 𝗱𝗮𝘁𝗮 𝗼𝗯𝘀𝗲𝗿𝘃𝗮𝘁𝗶𝗼𝗻𝘀
• 𝗔𝗯𝗻𝗼𝗿𝗺𝗮𝗹 𝗺𝗮𝗿𝗸𝗲𝘁 𝗰𝗼𝗻𝗱𝗶𝘁𝗶𝗼𝗻𝘀
• 𝗙𝗮𝗶𝗹𝘂𝗿𝗲 𝗿𝗲𝘀𝗽𝗼𝗻𝘀𝗲
The important takeaway is that DeFi infrastructure is interconnected.
Oracles are not an optional decoration.
For applications that rely on external information, they are part of the foundation.
@WINkLink_Official @Justin Sun孙宇晨 #TRONEcoStar
