1d ago
Alright, I drew a picture on how this works and why it's different // a net-new model.
Freshest-possible pricing, efficient tx initiation (only done when needed), and onchain composability.
Wins everywhere.
For reference, this is how traditional pull oracles work with the same outlined work being required:
- [1] Must include the work done from [2]
- [2] Work is added to dev's workload
- [4] isn't possible or available to non-Euphoria contracts as the pricing data is only known to the initiating app from [1]
- [5] is dependent on the app implementation, whereas it's ~always optimal for a native implementation
As @ChainLinkGod called it, this is "value-added frontrunning."
Few teams are leaning in to the superpower of a sequencer construction. We'll maximize it.
For visual completeness, here's how a pull oracle works otherwise:
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