diff --git a/oracles/README.md b/oracles/README.md index ec25485..517bf2f 100644 --- a/oracles/README.md +++ b/oracles/README.md @@ -1,12 +1,14 @@ -## 🍋 oracles +## oracles
### tl;dr -* price oracles are any defi tool showing an asset's price. -* oracles should provide a trustless way of getting extrinsic (off-chain) information, and 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 defi tool showing an asset's price. they can either on or off chain. +* oracles should provide a trustless way of getting extrinsic (off-chain) information, and some key functions such as: collecting data from an off-chain source, transfering the data on-chain with a signed message, and making the data available by putting it in a smart contract’s storage. +* oracle exploitation can generate profit opportunities (e.g., through arbitrage or liquidation)