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‘Pure’ DeFi has little chance for real-world use because of need for oracles: BIS

September 7, 2023 by DIGIT
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According to the BIS researchers, a centralized oracle based on trust is the only option for DeFi, and variations of that model do exist.

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Categories Digital Asset
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  • bitcoinBitcoin(BTC)$108,279.00-0.84%
  • ethereumEthereum(ETH)$2,542.63-1.12%
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  • dogecoinDogecoin(DOGE)$0.167883-2.32%
  • staked-etherLido Staked Ether(STETH)$2,541.94-1.13%
  • bitcoinBitcoin(BTC)$108,279.00-0.84%
  • ethereumEthereum(ETH)$2,542.63-1.12%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.27-0.01%
  • binancecoinBNB(BNB)$661.07-0.30%
  • solanaSolana(SOL)$148.84-2.00%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.286705-0.12%
  • dogecoinDogecoin(DOGE)$0.167883-2.32%
  • staked-etherLido Staked Ether(STETH)$2,541.94-1.13%
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  • bitcoinBitcoin(BTC)$108,279.00-0.84%
  • ethereumEthereum(ETH)$2,542.63-1.12%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.27-0.01%
  • binancecoinBNB(BNB)$661.07-0.30%
  • solanaSolana(SOL)$148.84-2.00%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.286705-0.12%
  • dogecoinDogecoin(DOGE)$0.167883-2.32%
  • staked-etherLido Staked Ether(STETH)$2,541.94-1.13%
  • bitcoinBitcoin(BTC)$108,279.00-0.84%
  • ethereumEthereum(ETH)$2,542.63-1.12%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.27-0.01%
  • binancecoinBNB(BNB)$661.07-0.30%
  • solanaSolana(SOL)$148.84-2.00%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.286705-0.12%
  • dogecoinDogecoin(DOGE)$0.167883-2.32%
  • staked-etherLido Staked Ether(STETH)$2,541.94-1.13%