What is an “oracle” in blockchain?
The smallest unit of the LINK token is called a Juel, named after Ari Juels, one of the white paper’s authors.
Key takeaway: Before choosing a DeFi protocol, check which oracle it uses and how often prices are updated. This affects whether liquidations are accurate and timely.
$LINK is the token of the Chainlink network, used to pay for node services. The current price is 11.647.
Make sure you understand the rules before getting started—don’t place orders based on gut feeling.
#LINK
There can be significant volatility, so size your position according to what you can afford.
The smallest unit of the LINK token is called a Juel, named after Ari Juels, one of the white paper’s authors.
Key takeaway: Before choosing a DeFi protocol, check which oracle it uses and how often prices are updated. This affects whether liquidations are accurate and timely.
$LINK is the token of the Chainlink network, used to pay for node services. The current price is 11.647.
Make sure you understand the rules before getting started—don’t place orders based on gut feeling.
#LINK
There can be significant volatility, so size your position according to what you can afford.