Let’s talk about oracles:
Lending and derivatives platforms rely on oracle-provided prices to calculate collateral ratios and execute liquidations.
If an oracle is manipulated, the protocols that depend on it may settle incorrectly, so it’s crucial to have decentralized nodes and diverse data sources.
$LINK 12.906 (+0.35%)
#LINK
Lending and derivatives platforms rely on oracle-provided prices to calculate collateral ratios and execute liquidations.
If an oracle is manipulated, the protocols that depend on it may settle incorrectly, so it’s crucial to have decentralized nodes and diverse data sources.
$LINK 12.906 (+0.35%)
#LINK