Oracle System in Aptin: Ensuring Market Stability and Security

Aptin's markets currently utilize Pyth as the primary and Switchboard as the backup Oracle. These Oracle are crucial for maintaining the integrity and reliability of the platform.

Role of Oracle Systems:

  • Price Feeds: Pyth and Switchboard provide real-time, accurate price feeds essential for the platform's operations.

  • Health Factor Determination: These price feeds are instrumental in determining the Health factor of accounts, a critical element for ensuring the stability of the lending system.

Importance of Oracle in Liquidation Process:

  • Risk Management: By accurately reflecting market prices, the Oracle play a vital role in the platform's risk management strategy.

  • Triggering Liquidations: The Health factor, derived from Oracle price feeds, is key in triggering liquidations when necessary, protecting the platform and its users from market volatility.

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