Pragma oracle has been launched on Starknet mainnet
According to official sources, the Pragma oracle service has been launched on the Starknet mainnet. As part of Starknet's future plans, the network intends to add STRK as a new fee token outside of ETH, and this mechanism requires an oracle to provide real-time STRK <> ETH price feeds. In the short term, Starknet plans to use the semi-decentralized Pragma oracle as a temporary solution, while a long-term decentralized solution will need to be achieved through future governance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ripple and Archax Launch World’s First Tokenized Money Market Fund on XRP Ledger
Valhalla mainnet launch postponed, Floki cites auditors’ feedback
Lutnick’s Cantor wants to use Tether to support a $2 billion Bitcoin lending program