Study Notes | Oracles
① Lending and derivatives platforms rely on oracle-provided prices to calculate collateral ratios and trigger liquidations.
② Chainlink aggregates price quotes from multiple sources through a network of independent nodes, then puts them on-chain.
③ During sharp price swings, oracle feeds may briefly lag behind exchange prices, so leave extra room for safety in lending positions.
$LINK 11.161(-0.93%)
Just chatting—whether you win or lose, you have to bear it yourself.
① Lending and derivatives platforms rely on oracle-provided prices to calculate collateral ratios and trigger liquidations.
② Chainlink aggregates price quotes from multiple sources through a network of independent nodes, then puts them on-chain.
③ During sharp price swings, oracle feeds may briefly lag behind exchange prices, so leave extra room for safety in lending positions.
$LINK 11.161(-0.93%)
Just chatting—whether you win or lose, you have to bear it yourself.
