Study Notes | Oracles
① Chainlink aggregates quotes from multiple independent nodes and posts them on-chain.
② Lending and derivatives protocols use oracle prices to calculate collateral values and execute liquidations.
③ During sharp market rallies or drops, price feeds may fall slightly out of sync with exchange quotes, so leave plenty of room for safety in lending positions.
$LINK 12.875 (+0.9%)
#LINK
For reference only; not investment advice.
① Chainlink aggregates quotes from multiple independent nodes and posts them on-chain.
② Lending and derivatives protocols use oracle prices to calculate collateral values and execute liquidations.
③ During sharp market rallies or drops, price feeds may fall slightly out of sync with exchange quotes, so leave plenty of room for safety in lending positions.
$LINK 12.875 (+0.9%)
#LINK
For reference only; not investment advice.