Knowledge may seem useless in everyday life, but you realize its value when something goes wrong.
Today's topic: Two types of oracle models
Pyth Network uses a pull-based design, with prices submitted by first-party publishers such as trading firms and market makers.
When using pull-based price feeds in DeFi applications, check the feed's update time and confidence interval. Don't use a feed directly if it's too old or the interval is too wide.
$PYTH and $LINK are the tokens of the oracle networks Pyth and Chainlink, respectively.
#PYTH
Today's topic: Two types of oracle models
Pyth Network uses a pull-based design, with prices submitted by first-party publishers such as trading firms and market makers.
When using pull-based price feeds in DeFi applications, check the feed's update time and confidence interval. Don't use a feed directly if it's too old or the interval is too wide.
$PYTH and $LINK are the tokens of the oracle networks Pyth and Chainlink, respectively.
#PYTH