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Adrastia
@adrastia
1/9 🚀 Big News: Adrastia v4.2 is here, revolutionizing DeFi! We're introducing a groundbreaking approach to oracle design with the help of our new Credit Extension Oracles (CEOs). Get ready for a major shift in decentralized finance. 🧵 Continue reading
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Adrastia
@adrastia
2/9 🌟 What are Credit Extension Oracles (CEOs)? CEOs are specialized oracles designed for lending protocols. They introduce a split oracle system – one oracle for liquidation and another for credit extension (loan issuance), ensuring safer and more balanced financial decisions.
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Adrastia
@adrastia
3/9 📉 Scenario: Rapid Price Inflation. Traditional oracles struggle when collateral assets rapidly increase in value, leading to risky lending. CEOs mitigate this by requiring price stability before extending credit (issuing loans).
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Adrastia
@adrastia
4/9 📈 Scenario: Rapid Price Deflation. Singular oracles can allow excessive borrowing during borrowable asset value drops. CEOs counteract this, requiring downward price movements to hold, protecting against financial instability.
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Adrastia
@adrastia
5/9 🛠️ CEOs represent a proactive approach to DeFi lending. By dividing the roles of credit extension and liquidation, they provide a more nuanced, secure lending environment.
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Adrastia
@adrastia
6/9 🤝 Be part of this DeFi evolution. Explore Adrastia v4.2 and see firsthand how CEOs are changing the lending landscape. Your feedback drives our growth. To learn more about CEOs, consult our docs: https://docs.adrastia.io/data-feeds/credit-extension-oracle
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