🚀Arbitrage is the force that guides the market towards a common price. As long as transaction costs and transaction risks are not too high and enough entities are acting in their own interests, it is sufficient to ensure price consistency.
#DeFi#Oracle#Chainlink@Polkadot
🚀Hazelword2.0 provides the idea of a multi-party game, using quotation, arbitrage verification, quote vault, price chain, trusted TEE module, security module, DAO autonomy and other modules to form a safe real-time decentralized oracle system
@Polkadot
https://t.co/OUQD2LYwEf
🚀Although weakly centralized oracles services represented by ChainLink have emerged at this stage, there are still problems such as relying on the subject's credit endorsement, the potential risk of malicious actions by the centralized mechanism, and the high cost of use
#DeFi
HazelWord provides users with automated quotation arbitrage capabilities by providing different on-chain strategy Quote Vault, which improves user asset income while solving the initial cold start problem of the agreement, and also provides more guarantees for the safety
#DeFi
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HazelWord provides the idea of a multi-party game, using quotation, arbitrage verification, quote vault, price chain, trusted TEE module, security module, DAO autonomy and other modules to form a safe real-time decentralized oracle system
↘️↘️↘️
#oracle#DeFi#HazelWord
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HazelWord expects to establish a bridge between on-chain and off-chain in a truly decentralized way, so that the physical world and the encrypted world can be truly integrated
#DeFi
【Activity】🚀🚀🚀
Congratulations to the following enthusiastic friends!!!
We will send 100 tokens to the selected email address through [email protected]
The activity is still valid, everyone is welcome to participate
Product address: https://t.co/mB1h0oyLe6
#Polkadot
✨ @Hazel06911973 is new generation of verifiable oracle machine based on Polkadot Ecosystem
✨ Let us explore the various benefits and use cases on its ecosystem and how it may help #DeFi business sector
⬇️ READ FULL BLOG
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#DeFi#DefiNews#SmartLiquidity
2⃣will execute the arbitrage strategy only when the oracle quotation deviates from the market price bya large enough extent. the arbitrage strategy will correct the deviation of the oracle price fromthe market price until the arbitrage strategy isno longer economically attractive
1⃣Once the quotation of the Hazel oracle deviates from the market price, it means arbitrage opportunities abound. The arbitrager needs to pay the cost like transaction fee to execute the arbitrage strategy. Therefore, arbitrager will carefully measure the benefits and costs
#DeFi