Does the price in the contract update automatically every so often, or is it fetched when needed?
Push-based price feeds generally update when the price movement exceeds a set threshold or when a fixed heartbeat interval is reached.
When using pull-based price feeds in DeFi applications, remember to check the feed’s update time and confidence interval. Don’t use feeds that are too old or have intervals that are too wide.
$PYTH and $LINK are the tokens of the oracle networks Pyth and Chainlink, respectively.
If you have friends who are just getting into the space, feel free to share this with them.
Push-based price feeds generally update when the price movement exceeds a set threshold or when a fixed heartbeat interval is reached.
When using pull-based price feeds in DeFi applications, remember to check the feed’s update time and confidence interval. Don’t use feeds that are too old or have intervals that are too wide.
$PYTH and $LINK are the tokens of the oracle networks Pyth and Chainlink, respectively.
If you have friends who are just getting into the space, feel free to share this with them.
