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
Bitget Launches PLUME On-chain Earn With 4.5% APR
Bitget Trading Club Championship (Phase 2) – Grab a share of 50,000 BGB, up to 500 BGB per user!
Bitget Trading Club Championship (Phase 2) – Grab a share of 50,000 BGB, up to 500 BGB per user!
Subscribe to UNITE Savings and enjoy up to 15% APR
Trending news
MoreCrypto prices
More








