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Deviation of Oracles and Coinmarketcap > 1 %?

Open defiprop opened this issue 3 years ago • 2 comments

What happened:

On Dec 12, 16:42 (European time) the oracle price deviated more than 1 % form the price on coinmarketcap.

image

EDIT: here another screenshot, taken a few minutes later. The deviation is still there (although prices changed, just to show that this is not a connection frozen problem or s. th. like that):

image

What you expected to happen:

Check where this difference comes from. Do we have to pick more reliable oracle providers?

How to reproduce it (as minimally and precisely as possible):

No idea how to reproduce it, but I will keep an eye on that. Are there any data for comparison of oracle prices to coinmarketcap prices over time?

What are your environment parameters:

Firefox

Anything else we need to know?:

defiprop avatar Dec 12 '21 15:12 defiprop

@defiprop: Thanks for opening an issue, it is currently awaiting triage.

The triage/accepted label can be added by foundation members by writing /triage accepted in a comment.

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defichain-bot avatar Dec 12 '21 15:12 defichain-bot

There are two questions for me.

  1. Is the coinmarketcap price a fair price? They include and exclude price feeds as they want, so why should it be seen as an official price?
  2. Is there a possibility to see where exactly the oracles get the prices from?

wmbst avatar Dec 13 '21 12:12 wmbst

Does not seem related to this repo.

shohamc1 avatar Oct 26 '22 05:10 shohamc1