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Why Chainlink is Superior to Uniswap Oracles

Why Chainlink is Superior to Uniswap Oracles



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4 Comments

  1. tldr; Uniswap’s Time Weighted Average Price (TWAP) oracles are unsuitable for the vast majority of DeFi use cases. Chainlink Price Feeds provides a superior price oracle solution for the DeFi ecosystem. The exchange rate offered by an AMM DEX is managed through arbitrage, where automated bots have a self-interested economic incentive to rebalance the exchange rates to match other exchanges.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  2. I am very bullish on Chainlink in the future although many are underwhelmed by the growth. The use case is fantastic and I most say, I am very hapyy about the LTO partnership

  3. Decent article – but don’t forget that this application is a fragment of what Chainlink is capable of. I’m HODLing down hard of LINK, and think it is a bright future.

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