Oracle on Comdex
To prevent potential fraudulent activities like artificial price manipulation through Flash Loans, WiseWallet utilizes Nibiru Native Oracles. These oracles independently verify off-chain prices, ensuring that solvers can't exploit the system to deceive users.
Importance:
Reliable Price Verification: Oracles provide a trustworthy source for price data, ensuring the integrity of transactional decisions based on price limits.
Anti-Fraud Mechanism: By taking data from a verified off-chain source, the possibility of malicious actors manipulating prices for their gain is substantially reduced.
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