Скачать или смотреть Web3 Deep Dive: Preventing Flash Loan Attacks Via Oracle Manipulation | Radix DLT

In this video clip, Supra's CEO Joshua Tobkin explains to RDX Works LTD CEO Piers Ridyard how Supra can help prevent flash loan attack oracle manipulation.

Specifically, Supra is working with researchers and DeFi protocols to develop a better way for automated market makers (AMMs) to derive more accurate crypto prices in lieu of using the traditional x * y = k model. A better oracle pricing model can eliminate slippage and impermanent loss, preventing oracle price manipulation via flash loan attacks.

In addition to collecting fast, accurate algorithmic data on asset prices, Supra can also collect non-algorithmic long-tail data such as sports or international election results by leveraging individuals or organizations as data providers.

To do this, Supra optimistic oracles can introduce the question and set a challenge period, allowing users to challenge the results of one data provider and increase the stakes of the data challenge, allowing the correct data provider to collect the stake of the incorrect data provider.

Watch the full interview here:
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Here's an inside look at what is going to shape the future of DeFi:
https://supra.com/blockchain-data-rev...

Join the Whitelist:
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About Supra:
Supra is a powerful cross-chain oracle that helps businesses bridge real-world data to both public and private chains, enabling interoperable smart contracts to automate, simplify, and secure the future of financial markets.

Disclaimer: None of the following should be interpreted as financial, investment, legal, tax, relationship, or any other type of advice.

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