Price Oracle for Decentralized Finance Apps
We built a data feed oracle to write prices on-chain, and it’s live on the Ropsten test network! In Decentralized Finance (Defi), you can build your own financial instruments and you often need an oracle to write off-chain prices onto the blockchain. We built an oracle focused on data feeds because the current options are too expensive and slow for regularly, repeating data. This oracle is designed for price feeds and uses public key encryption to validate the data submitted is accurate. We modeled our oracle off of MakerDao and generalized the design to work with any datafeed. We’re…
Price Oracle for Decentralized Finance Apps launched on August 14, 2019 with 7 votes, #1,003 of 3,185 launches that month and more than 50% of that year's launches.
What it does
In the maker’s words, at launch
We built a data feed oracle to write prices on-chain, and it’s live on the Ropsten test network! In Decentralized Finance (Defi), you can build your own financial instruments and you often need an oracle to write off-chain prices onto the blockchain. We built an oracle focused on data feeds because the current…
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