Opinion: why oracles with economic guarantees are necessary components to create large-scale DeFi products
Author: Hart Lambur Translation: A Jian Source: Ethereum enthusiasts Editor's Note: The original title was "Data Verification Mechanism for UMA" Abstract: We are developing a decentralized oracle to solve the huge pain point faced by most DeFi projects-a centralized, possibly manipulated oracle, when entering asset prices into smart contracts . Three weeks ago (Editor's note: […]