This is How MakerDAO is Trying to Crack the…

Good morning defiers! I chatted with Mariano Conti, the head of oracles at MakerDAO, about their new price feed system. I published part of the interview when the news was announced, and now I’m sending the entire conversation. MakerDAO holds half the funds in the ecosystem and Maker interest rates impact rates in every other platforms. Oracles, or the systems used by blockchain projects to bridge real-world information with smart contracts, are considered to be the Achilles heal of decentralized finance. Many projects use Maker’s oracles for their own price feeds, so overhaul of how they’re calculating prices affects all of DeFi.

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