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Oracle Price Feeding
Pricing oracle is the most crucial part of the Loans product as it evaluates the floor value of NFTs in real time which then enable to define loans value for all loans and liquidation price for Perpetual loans We are currently using the NFT AI Oracle from Banksea.finance (but we plan on adding a second oracle soon)
We then compare the result with the floor prices from Hyperspace.xyz as an additional safeguard mechanism. So the price currently used by the protocol is the mean between the two (soon the median between the three)
Our oracle is using TWAPs and advanced mechanisms against flash price manipulations so that hard undercutting of a very short period of time can't impact price feeding much
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