DIA Partnership with Hadouken Finance, they officially integrated DIA’s transparent price oracles to support their lending protocol on the Nervos Network.
Via this cooperation, DIA will provide Hadouken with accurate price feed oracles. To support the launch of their newly introduced lending and borrowing pairs . The introduction of these new pairs will give Hadouken a new boost and an edge over the ever-evolving ecosystem on the Nervos Godwoken network. As DIA announced its partnership with Hadouken Finance. The Partnership DIA has deployed a dedicated smart contract oracle that provides on-chain price feeds to power Hadouken’s lending platform. The oracle will support feeds for asset pairs CKB/USD, WBTC/USD, ETH/USD, USDC/USD, USDT/USD and BNB/USD. To calculate the price of the assets, the oracle employs a Volume Weighted Average Price (VWAP) methodology, based on a 15-minute time interval. To build price oracles, DIA employs a unique fully transparent, open-source approach. While most oracles depend on third-party centralised data providers, DIA simultaneously sources trade data directly from centralized and decentralised excha...