Oracles and Real-time Valuation

Lendscape utilizes blockchain oracles for:

  1. Asset Price Feeds: Real-time price data for tokenized RWAs and cryptocurrencies.

  2. Market Data: Broader financial market indicators to inform risk models.

  3. External Verification: Validation of off-chain events relevant to loans or collateral.

Implementation:

  • Integrates with Chainlink for decentralized oracle networks.

  • Implements a fallback mechanism using multiple oracle sources for reliability.

  • Employs a time-weighted average price (TWAP) mechanism to mitigate short-term price manipulation.

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