Curve: crvUSD will use Chainlink to feed prices

2023/08/24 11:20

According to official sources, Curve has announced that crvUSD will adopt Chainlink price feeds. Currently, the crvUSD pool includes both permissionless oracles and price feed services from Chainlink. Previously, according to the Curve governance platform, the founder proposed to remove the ±1.5% safety limit on Chainlink prices in the crvUSD oracle. If the Chainlink price deviates too much (1.5%) from the internal oracle EMA, the data source from Chainlink will be used directly. When the market is very unstable, using the market spot price will cause unnecessary losses.
bullishbullishbullishBullishbearishbearishbearishBearishLikeShare
DisclaimerThe content above does not represent HTX's positions.HTX does not provide any trading recommendations.

All Comments0LatestHot

LatestHot
noContent

No records