What is an “oracle” in blockchain?
DeFi protocols such as lending and derivatives rely on reliable price data to calculate collateral ratios and liquidations. If price feeds go wrong, they can trigger liquidations that shouldn’t happen.
Practical advice may seem useless until you run into trouble—then you realize how valuable it is.
Don’t trade with borrowed money; the pressure can lead you to make bad decisions.
$LINK 12.947 (+0.86%)
This is not investment advice.
DeFi protocols such as lending and derivatives rely on reliable price data to calculate collateral ratios and liquidations. If price feeds go wrong, they can trigger liquidations that shouldn’t happen.
Practical advice may seem useless until you run into trouble—then you realize how valuable it is.
Don’t trade with borrowed money; the pressure can lead you to make bad decisions.
$LINK 12.947 (+0.86%)
This is not investment advice.