Data Manipulation Oracle Risk.

06 Feb 2023, 13:59
🔢Data Manipulation Oracle Risk Bad actors may manipulate the data of an oracle which may cause exploitation of the protocol for their own gain. Making sure that the protocol use multiple oracles to provide the same data or use decentralized oracles limits the risk. 📦Custodial Custodial refers to the practice of holding and managing assets on behalf of customers. 🗃️ Custodial Risk Some DeFi applications use custodial aspects to their services which reduces control and privacy over your assets. Using DeFi applications that have little to no custodial process in their services gives you better privacy and security to your assets.

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Hawksight
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Twitter
06 Feb 2023, 14:02
RT @AND__SO: Bullish on the @solana Philippines ecosystem 🇵🇭 What started as an idea for a small builder meetup ended up being 3x oversubs…
RT @AND__SO: Bullish on the @solana Philippines ecosystem.
RT @AND__SO: Bullish on the @solana Philippines ecosystem 🇵🇭 What started as an idea for a small builder meetup ended up being 3x oversubs…