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
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
Bitget Trading Club Championship (Phase 20)—Up to 2400 BGB per user, plus a RHEA pool and Mystery Boxes
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— enjoy up to 8% APR and share 30,000 USDT!
Bitget Spot Margin Announcement on Suspension of ICNT/USDT, PROMPT/USDT, CAMP/USDT, FARTCOIN/USDT, PEAQ/USDT Margin Trading Services
