πPrice Feeds
Solver-Driven Pricing at LODE
LODE relies on solvers who compete to provide the most advantageous and precise quotes. Unlike platforms that depend on single data sources, LODE empowers solvers to pull quotes from a variety of sources, typically stemming from their hedging activities. This approach ensures a comprehensive reflection of market trends, offering traders optimal order execution.
Are Oracles Used?
Oracles are utilized exclusively for liquidations and rare dispute resolutions, providing authoritative judgments on pricing discrepancies.
Advantages of LODE's Approach
Trustworthy Data: The solver competition model ensures LODE traders access reliable pricing data, fostering confidence in the platform's representation of the market.
Enhanced Security: Oracles act as unbiased intermediaries in disputes and liquidations, safeguarding against manipulation and ensuring fair trade resolutions.
Market Efficiency: LODEβs solver-driven pricing mechanism delivers swift and precise trade executions, minimizing latency and reflecting true market conditions.
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