/biz/ - Business & Finance

>>57285884
>taxes

>>56947174
Think again chud

>>56634777
checked

delete this right now

You heard correctly.

Chainlink bros? Linear uses chainlink price feeds. What happened here, how did they exploit it?

https://cointelegraph.com/news/defi-protocol-balancer-hit-with-frontend-attack

I think I found the issue though.

https://medium.com/balancer-protocol/what-kind-of-oracles-do-we-need-for-defi-derivatives-2e2ac5ad0273

>Oracle is one of the key ingredients of the DeFi infrastructure. Among all the solutions, decentralized exchanges are a natural one, simply because they are the hubs where trades take place and prices are discovered. In this regard, Vitalik Buterin even proposed UNI should become an oracle token.

>Due to these requirements, while Uniswap is highly expected by Vitalik, its current oracle module is not suitable for derivatives.

>The Balancer Labs team was probably the first to realize that the demands for oracle are divergent in different use cases. Therefore they have rolled out different types of oracles tailored for different scenarios. For example, algorithmic stablecoins and collateralized loans are usually pretty tolerant of latencies. Thus the TWAP-based oracle solution works just fine for them. However, that is not the case for Deri Protocol and other derivative dApps depending on oracles. If Deri were trading at prices with significant latencies, it would be front-run by high-frequency traders. Such exploitations would simply destroy the whole project.

Since when was Vitalik an expert in oracles? Can anyone explain why people treat Vitalik like a god when hes really just a scum bag with a mask on? Why does he continue to be disingenuous and influence the wrong behavior?

>>56145935
>can't wait til francisco kills him kek
Not before we kill him

>>55879641

Delete this right now

>>55836673
i hold chainlink and its crazy how much more the haters care about my investment then i do.

>>55765328
I am an OG link holder, I am holding and staking, and I will have my vengeance in this life or the next.

>>55734739
higher earners do use more of the things you describes. they have employees that use those things dailys. without the boss, no one goes to work and doesnt use the roads. i think what you mean is: you bought an offroad vehicle that can drive over hard terrian and i dont need a smooth road so why am i paying for a road that i dont use? think harder next time lil man!

you stupid niggers can fud sirgay, you can fud chainlink, and you can fud the link token, but you cannot fud ari juels.

>>55705857

>>55691565
Delete this right now

>>55643513
>fake ass corpo pepe
>ID is +8

Post the mutha fuckin link

>>55552609
Anybody else disagree?

>>55533777
checked

Delete this right now.

No more questions.

Delete this thread.