Oracle Price Feeding
Last updated
Last updated
At this stage, the prices of all assets on DEFED are fed by Chain Link Oracle, including: ETH, WBTC, USDC, and the oracle is based on .
The current update frequency of the oracle machine price feeding service provided by chainlink will be adjusted according to the price fluctuations on the assets; when the market fluctuation is too significant, the oracle machine will adopt a higher feeding frequency. Through this dynamic update frequency, DEFED can improve the timeliness of liquidation and control the risks of the protocol.
The proxy addresses are as follows:
USDT/ETH：
USDC/ETH：
WBTC/ETH：
As the DEFED Lending product list grows, the corresponding proxy addresses will be updated.
In the next phase, in order to reduce the loss caused by the oracle being attacked, DEFED plans to enable multi-node price feeding service and compare the difference between prices being fed. When the difference exceeds a predefined threshold, DEFED will take corresponding security measures.
For security reasons, DEFED will not disclose technical details at this time.