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 1) We are currently using the APIs from Hyperspace.xyz and Hellomoon.io

2) We are then applying Time-weighted average price (TWAP) and volume-weighted average price (VWAP) algorithms methodologies for calculating asset prices

As an additional safeguard mechanism we stop updating the floor price if we notice large and rapid changes. After that, sales are checked for some time, and depending on this, we update the price (or disable the collection in case of rug)