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
Canadian Prime Minister Trudeau: 25% tariffs on $155 billion worth of US goods
Bitcoin mining company Digihost reaches $5.35 million private placement financing agreement
Nine Realms: More than 30 nodes requested to exit the THORChain network
In the past 24 hours, the entire network has liquidated 495 million US dollars, mainly long orders
Trending news
MoreCrypto prices
More
