Khrêsmós
A decentralized oracle for the XDC blockchain to accurately compute and convey data sources from various node
Created on 9th July 2023
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Khrêsmós
A decentralized oracle for the XDC blockchain to accurately compute and convey data sources from various node
The problem Khrêsmós solves
- DeFi dApps rely on accurate price feed to avoid being rekted. So game theory is an important part of our project.
- Using web3 instead of web2, integrating xSwap with verified contract: Get help from web3 experts
- GraphQL query to get a price quote from Uniswap v3: Online Documentation
Challenges we ran into
- Oracles are often seen as a point of vulnerability in the blockchain ecosystem, as they have the power to pass incorrect or manipulated information to a smart contract. Such manipulations have been the cause of several major security breaches and financial losses in the past.
- Have a price feed that better reflects the underlying asset
Tracks Applied (10)
DeFi & Dapps
Infrastructure & Scalability
zkSync
zkSync ∎
Gnosis Chain
Gnosis chain
XDC Network: Data Oracles and Price feeds
XDC Foundation
XDC Network: XDC staking
XDC Foundation
XDC Network: Decentralized Finance (DeFi)
XDC Foundation
ZeFi on Aleo
Aleo
Scroll Track
Scroll
Union Finance
Union Finance
Technologies used
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Discussion
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