On the other end, liquidity pools, such as the USDC and DEI pool on Deus, rely on so-called oracles to ensure they are correctly priced at all times and any borrowing is within limits that don’t exceed the total value of those pools. Oracles are blockchain-based tools that provide smart contracts with trusted external information. These are required because blockchains can immutably store data, but can’t verify if the input data are accurate.
How Deus Finance Was Exploited for $13.4M on Fantom
