Think about your #Uber fare.
You get charged $20.
The number itself isn’t the interesting part.
You can look at the distance, time, route, surge pricing and other factors that produced it.
#defi pricing works in a similar way.
A price feed gives a protocol a number, but the real question is what happened before that number reached the smart contract.
What data was used?
How was it calculated?
How often was it updated?
$DIA takes this part seriously, with data infrastructure designed to make the journey behind the number more transparent and auditable.
Because sometimes the number isn’t the story. The calculation is.
#oracle #DiamondHand
You get charged $20.
The number itself isn’t the interesting part.
You can look at the distance, time, route, surge pricing and other factors that produced it.
#defi pricing works in a similar way.
A price feed gives a protocol a number, but the real question is what happened before that number reached the smart contract.
What data was used?
How was it calculated?
How often was it updated?
$DIA takes this part seriously, with data infrastructure designed to make the journey behind the number more transparent and auditable.
Because sometimes the number isn’t the story. The calculation is.
#oracle #DiamondHand
