Before looking at where the money is flowing, understand the basics. Today, let’s talk about oracles.
Lending and derivatives protocols use oracle-reported prices to calculate collateralization ratios and trigger liquidations.
When choosing DeFi products, pay attention to which oracle the protocol uses. The more limited the price sources, the greater the risk.
$LINK is the token of the oracle network Chainlink. Currently 12.261.
Lending and derivatives protocols use oracle-reported prices to calculate collateralization ratios and trigger liquidations.
When choosing DeFi products, pay attention to which oracle the protocol uses. The more limited the price sources, the greater the risk.
$LINK is the token of the oracle network Chainlink. Currently 12.261.