Someone asked: Who sends on-chain price feeds to the blockchain?
My answer: Pyth Network uses a pull-based design, with prices submitted by first-party data providers such as trading firms and market makers. Regardless of the model, how diverse the quote sources are and whether the nodes or publishers are independent determine how difficult it is to manipulate the price feed or cause errors.
$PYTH 0.08561（+9.7%）
Have you run into any pitfalls with this? Share your experiences to help others avoid them.
Volatility is significant, so use leverage responsibly.
My answer: Pyth Network uses a pull-based design, with prices submitted by first-party data providers such as trading firms and market makers. Regardless of the model, how diverse the quote sources are and whether the nodes or publishers are independent determine how difficult it is to manipulate the price feed or cause errors.
$PYTH 0.08561（+9.7%）
Have you run into any pitfalls with this? Share your experiences to help others avoid them.
Volatility is significant, so use leverage responsibly.