📊 Technical Principles｜Oracles
· Definition: Chainlink aggregates quotes from multiple sources through a group of independent nodes, then writes them on-chain.
· How it works: Using the spot price of a single DEX pool as a price feed is risky: when the pool is small, a single flash loan can distort the price.
· Note: When choosing a DeFi protocol, pay attention to its price feed solution. The more concentrated the price sources, the greater the risk.
$LINK 11.368（-2.92%）
· Definition: Chainlink aggregates quotes from multiple sources through a group of independent nodes, then writes them on-chain.
· How it works: Using the spot price of a single DEX pool as a price feed is risky: when the pool is small, a single flash loan can distort the price.
· Note: When choosing a DeFi protocol, pay attention to its price feed solution. The more concentrated the price sources, the greater the risk.
$LINK 11.368（-2.92%）