How does a DeFi protocol determine the value of your collateral?
First, the definition: price feeds are typically updated when the deviation reaches a set threshold or at fixed heartbeat intervals.
Why? Using the instantaneous price from a single DEX pool as a price feed is risky: when the pool is small, a single large trade can skew the price.
$LINK is the token of the oracle network Chainlink.
It’s okay to be a little slower—surviving matters more than how much you make on any one trade.
#LINK
First, the definition: price feeds are typically updated when the deviation reaches a set threshold or at fixed heartbeat intervals.
Why? Using the instantaneous price from a single DEX pool as a price feed is risky: when the pool is small, a single large trade can skew the price.
$LINK is the token of the oracle network Chainlink.
It’s okay to be a little slower—surviving matters more than how much you make on any one trade.
#LINK