There is a reason THORChain is designed from first principles for zero external dependencies. No oracle - no relayer.
01 Mar 2023, 19:34
There is a reason THORChain is designed from first principles for zero external dependencies. No oracle - no relayer.
All THORNodes must run nodes for every supported chain. Prices are determined by asset ratios in the AMM.
Is it harder to build? Exponentially
Worth it? 100%
Hot take:
If your DeFi protocol uses an oracle, you’ve designed it wrong
Oracles, if needed, should only be used in middleware/position-management tools, not within core protocols