Nest Protocol x KillSwitch
KillSwitch in collaboration with NEST Protocol: a game-theoretic oracle, to provide a secured and accurate price feed for ETH/BTC pair on KillSwitch.finance’s BNB Smart Chain network.
With NEST Protocol’s truly decentralized oracle, the core risk — Price in DeFi will no longer be an issue.
Game-theoretic oracles provided are paramount in the future of blockchain finance and safe from price manipulation and susceptible attacks. This is especially the case for stable coins which requires a liquidation price.
With NEST Oracle, prices are verified and information is accurate and timely as well as offering creative solutions to collateral asset quotation, arbitrage verification, price chain, etc.
On top of that, users can also access KillSwitch’s TP/Sl feature along with an additional auto-compound feature to bring your investment portfolio to the next level.k
NEST Protocol is a decentralized oracle system of price data in the chain which uses a “two-way quotation mechanism” to make sure that market costs are created simultaneously in the chain.
NEST oracle adopts the market game theory to synchronize the off-chain market price information onto the chain through miners’ quotations. And combined with the NEST mining mechanism to incentivize quotation miners, making it a logically closed-loop distributed quotation system.