Oracles in decentralized finance: attack costs, profits and mitigation measures

HIGHLIGHTS

  • who: Ayana T. Aspembitova and Michael A. Bentley from the Euler Labs, London EC V NX, UK have published the Article: Oracles in Decentralized Finance: Attack Costs, Profits and Mitigation Measures, in the Journal: Entropy 2023, 25, 60. of /2023/
  • what: The authors provide an overview on why DeFi rests heavily on the use of oracles and how information from the outside world can be retrieved. The authors focus on the decentralized exchanges (DEXs) used as oracles for DeFi protocols. The authors provide a brief explanation of how lending protocols work, demonstrate how model can . . .

     

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