Oracles Integration
Oracles serve the interests of the borrowers. If collateral value is sinking below the pre-defined liquidation threshold, then oracle allows the liquidation engine to withdraw the collateral assets.
Last updated
Oracles serve the interests of the borrowers. If collateral value is sinking below the pre-defined liquidation threshold, then oracle allows the liquidation engine to withdraw the collateral assets.
Last updated
SmartCredit.io integrates Uniswap V2 Oracle.
Oracles are used in case of —if the LTV (the loan value to collateral) sinks below a predefined threshold (see in ""), then oracles allow the liquidator to access the collateral assets. If the LTV is above a predefined threshold, then the oracles do not allow the liquidator to access the assets. So, oracles are the gatekeepers that protect the client’s assets.
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