YAM 🌱 (@yieldsandmore) 's Twitter Profile
YAM 🌱

@yieldsandmore

A community of DeFi power users with a focus on yield farming.
Hosted by @SaulCapital and friends. Invite only.

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ID: 1591284555637436417

calendar_today12-11-2022 04:19:42

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YAM 🌱 (@yieldsandmore) 's Twitter Profile Photo
YAM 🌱
@yieldsandmore

2 months ago

As we've seen a lot of discussion around the depeg, let us summarize exactly what caused the movement in the deUSD Chainlink oracle. First off, the deUSD oracle uses volume-weighted average price (VWAP) methodology. In simpler terms, the oracle assigns prices to the asset based