Monroe Protocol
  • Overview
    • Introduction
    • General
  • Concepts
    • Yield-bearing LST/LRT
    • Omnichain
    • Peg stability Overview
    • Redemption & Capital efficiency
    • Defence Against Sell Pressure
    • Safety Pool
    • Oracle
  • Guides
    • Managing a vault
    • Mint & Redeem Stablecoin
    • Liquidations
    • Auctions
    • Crosschain Transfer
  • Security
    • Audits
    • Oracles
  • Various
    • Points Calculation & Community
    • Deployment Addresses
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  1. Concepts

Oracle

Monroe uses decentralized oracles such as Chain Link and Red Stone for tokens that have an existing price feed.

For tokens without an existing price feed with major oracle providers, the project uses its own centralized oracle relying on feeds from LST providers that are tend to be redemption rate for the token. These tokens tend to be cross chain assets that are migrating from one chain to another with no other major protocol utilising its liquidity.

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Last updated 1 year ago