From f55809eb055836b0146de1cd96ee526006cbdbfc Mon Sep 17 00:00:00 2001 From: "dr. mia von steinkirch, phd" <1130416+mvonsteinkirch@users.noreply.github.com> Date: Tue, 7 Feb 2023 19:20:03 -0800 Subject: [PATCH] Update README.md --- oracles/README.md | 8 +++++--- 1 file changed, 5 insertions(+), 3 deletions(-) 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)