Lending / Borrowing
Pricing Data for collateral management
Decentralized Aggregated Oracle
Modefi integrates trusted oracles and data providers to use them as complementary entities instead of treating them as competition.
Integrating multiple oracles into the platform gives clients using Modefi’s DAOS the ability to obtain trustless, transparent, secure, and decentralized data.
V2 Coming SoonWhy Use Modefi's Oracle Aggregator?
Trusted Sources
Modefi integrates with the industries most trusted data providers. Such as Chainlink, Tellor, Band, Umbrella, DIA, Uniswap, Sushiswap, Compound and MakerDAO.
Capital Protection
Reducing the risk of unwanted liquidations or exploits due to incorrect pricing feeds from a single data source. Here's a list of recent incidents Modefi's DAOS could have helped prevent.
Fully Decentralized
Our DAOS uses fully verifiable and transparent Smart Contracts. These Smart Contracts allow for a completely autonomous and trustless system.
PnP Implementation
Integrating Modefi's DAOS is a quick and easy process which is as simple as inserting a snipet of code into your Smart Contract.
The Problem
The Solution
Centralized Oracles
Consensus is reached within its own proprietary network
Multiple Oracle Networks
Utilizing trusted data from established oracle networks
Layer 1 Limitations
Slow and costly execution, reducing reliability/throughput
Layer 2 Solutions
Output secure data at lower costs and higher frequency
One-way Data
Restricting inputs from outside sources
Bi-Directional Cross-chain
Redundant fail safe oracle data via interoperability
Developers Only
Oracle data requests require deep knowledge to implement
Oracle Marketplace
Request, supply and trade data with reputable providers
The Monopoly
Popular networks control a large majority of the output data
Multiple Blockchains
Increasing scalability, compatibility and security
Manipulation / Exploits
Data manipulation is easier within a single oracle network
Autonomous Execution
Corrupt and malicious data removed autonomously
Use Cases
Frequency
High throughput and low latency requirements
Leverage / Margin
Precise data requirements to reduce manipulation and liquidations
Some of our strategic investors
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