Let's talk about oracles.
Prices are usually updated when they move beyond a set threshold or at fixed heartbeat intervals.
Honestly, I hadn't noticed this before: when prices are highly volatile, oracle prices may differ slightly from exchange order books, so leave enough buffer in your lending positions.
$LINK is the token of the oracle network Chainlink.
Understanding how it works can help you avoid pitfalls, but it can't replace risk management.
#LINK
Be aware of the risks and make your own decisions.
Prices are usually updated when they move beyond a set threshold or at fixed heartbeat intervals.
Honestly, I hadn't noticed this before: when prices are highly volatile, oracle prices may differ slightly from exchange order books, so leave enough buffer in your lending positions.
$LINK is the token of the oracle network Chainlink.
Understanding how it works can help you avoid pitfalls, but it can't replace risk management.
#LINK
Be aware of the risks and make your own decisions.