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Jennifer HowardJennifer Howard

🧵prettier charts ≠ better data

1/ DeFi depends on oracles. Without them, protocols are flying blind. But here's the problem: Oracles are not just data feeds. They are systems of trust. 👇 2/ Price oracles don’t just report the truth — they decide when it’s true. A 15s delay? That’s the difference between a healthy liquidation or a protocol exploit. Most hacks? Start with the oracle. 3/ Compare: Chainlink: secure, decentralized, but slow and costly. Pyth: fast, low-latency — but updates only on trades, not time. UMA: optimistic oracle — fast by default, but challengeable. Each one trades off speed, cost, and trust assumptions. 4/ You can’t just pick an oracle. You have to design around it. If your protocol assumes real-time data, you'd better be damn sure your oracle can deliver. Otherwise? Someone will front-run you. Or drain your vault. 5/ Better charts don’t mean better data. Look deeper. Because in DeFi, whoever controls the oracle... controls reality. #Finance #MakeMoney

27 days ago
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