📋 Today's key takeaways: Two oracle models
Every price feed from Pyth comes with a confidence interval, which can indicate the degree of variation among quotes from different publishers.
When building DeFi applications that use pull-based price feeds, check the feed's update time and confidence interval. Don't use feeds that are too old or have intervals that are too wide.
Understanding the principles helps you make informed decisions; it's not about trying to predict the market.
$PYTH is the token of Pyth, an oracle network built on a pull-based design.
#PYTH
Every price feed from Pyth comes with a confidence interval, which can indicate the degree of variation among quotes from different publishers.
When building DeFi applications that use pull-based price feeds, check the feed's update time and confidence interval. Don't use feeds that are too old or have intervals that are too wide.
Understanding the principles helps you make informed decisions; it's not about trying to predict the market.
$PYTH is the token of Pyth, an oracle network built on a pull-based design.
#PYTH