Prisma Finance: PIP-004 proposal has been implemented and the wstETH oracle has been put into operation
Stablecoin protocol Prisma Finance for LSD announced on social media that the PIP-004 proposal has been passed and implemented, and the wstETH collateral oracle has been put into operation.The previously used stETH/USD Chainlink oracle has been updated to a combination of stETH/ETH and ETH/USD. The original stETH/USD Chainlink oracle had a deviation threshold of 1%, while the updated oracle will reduce the deviation threshold to 0.5% to provide more accurate price feeding services.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Massive Regulation Overhaul: Russia’s Crypto Exchanges to Face Unprecedented Scrutiny!
Crypto in the Polls: Which Presidential Candidate Wins the Blockchain Vote?
One Cryptocurrency Wallet Profited 117 Times from One Altcoin and 855 Times from Another: But Doubts Remain
According to data shared by cryptocurrency analysis platform Lookonchain, a cryptocurrency whale made a huge profit from memecoin trading.
Bitcoin Gains Fuel as Global Currencies Weaken: What’s Next?
Trending news
MoreCrypto prices
More
