An Overview of Oracle Providers in DeFi
Quick Take
- Oracles are key pieces of infrastructure in DeFi protocols today and vary greatly in terms of data production, network effects, and decentralization
- These differences result in tradeoffs between oracle speed, accuracy, security, and modularity
- Oracle solutions in the future will need to simultaneously secure assets worth billions of dollars and meet the growing demand for quick support of long-tail assets
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Author: Kevin Peng
