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Pragma oracle has been launched on Starknet mainnet

Pragma oracle has been launched on Starknet mainnet

CointimeCointime2023/11/22 03:18
By:Cointime

According to official sources, the Pragma oracle service has been launched on the Starknet mainnet. As part of Starknet's future plans, the network intends to add STRK as a new fee token outside of ETH, and this mechanism requires an oracle to provide real-time STRK <> ETH price feeds. In the short term, Starknet plans to use the semi-decentralized Pragma oracle as a temporary solution, while a long-term decentralized solution will need to be achieved through future governance.

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