Git-Mirrors/mev-toolkit
1
0
Fork 0
mirror of https://github.com/autistic-symposium/mev-toolkit.git synced 2025-04-26 10:49:24 -04:00
Code Issues Packages Projects Releases Wiki Activity

🍋 add TWAP oracles

Browse Source
This commit is contained in:
Dr. Mia von Steinkirch 2022-10-17 17:32:09 -07:00 committed by GitHub
parent c653314929
commit 5d51aaf971
No known key found for this signature in database
GPG Key ID: 4AEE18F83AFDEB23
1 changed files with 36 additions and 0 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

36
oracles/README.md Normal file
View File

@ -0,0 +1,36 @@
## 🍋 oracles
<br>
### tl;dr
* Oracles provide a trustless way of getting extrinsic (off-chain) information.
* They provide the some key functions such as collect data from an off-chain source, transfer the data on-chain with a signed message, and make the data available by putting it in a smart contract’s storage.
* price oracles are any tool showing an asset's price but in context of defi
<br>
---
### in this repo
* [TWAP oracles](twap.md)
<br>
----
### chainlink
A decentralized oracle network consisting of three key smart contracts:
* a reputation contract: keep track of data providers' performance.
* an order-matching contract: selects bids from oracles using the reputation contract.
* an aggregation contract—and an off-chain registry of data providers.
One of the main challenges with such a decentralized approach is the formulation of the aggregation function.
ChainLink proposes calculating a weighted response, allowing a validity score to be reported for each oracle response.