@Cryptoswithcam hey bro on kava-lend bnb and other coins prices

Question

Kava Official

crypto Trader

@Cryptoswithcam hey bro on kava-lend bnb and other coins prices

is based on kavaswap prices or any other market prices?

#blockchain #cryptocurrency #english #kava

0

13.10.2021

11 ответов

7 просмотров

crypto Trader Автор вопроса

Warren
It's based on oracle prices with some like 30 minu...

Can u explain more with example bro?

0

13.10.2021

Warren

crypto Trader
Can u explain more with example bro?

Which part? The 30 minutes part is new with Prop #50 here https://www.mintscan.io/kava/proposals/50. Oracles are just way to get prices of tokens from third parties. If you look at price shown in Kava Lend it should be close to what you see on like coingecko.

0

13.10.2021

Warren

crypto Trader
Can u explain more with example bro?

Swap price vs Lend and Coingecko.

0

13.10.2021

POST HUMAN ꝏ DVS

Warren

Swap price vs Lend and Coingecko.

So, time for arbitrage! Buy for 57K, sell for 60K

0

13.10.2021

CryptoDaz (Darren)

POST HUMAN ꝏ DVS
So, time for arbitrage! Buy for 57K, sell for 60K

The KavaSwap price is price in USDX and not USD and with USDX trading at $0.95 there is no arbitrage opportunity

0

13.10.2021

CryptoDaz (Darren)

Warren

Swap price vs Lend and Coingecko.

KavaSwap price is USDX and not USD so can't be compared directly

0

13.10.2021

CryptoDaz (Darren)

They are TWAP-30 price feeds from ChainLink (average price over the previous 30 minutes averaged over multiple exchanges where possible), a TWAP-720 price feed for USDX was recently added (averaged over 12 hours)

0

13.10.2021

Warren

That's kind of my point though. Lend is based off prices from an oracle which I think aggregates multiple sources and Swap price is dynamic based off how swaps are going in pools. Original question was if Kava lend used price based off kava swap or other sources.

0

13.10.2021

CryptoDaz (Darren)

Warren
That's kind of my point though. Lend is based off ...

I was too quick off the mark and didn't notice you had posted it and was a reply

0

13.10.2021

Warren

CryptoDaz (Darren)
I was too quick off the mark and didn't notice you...

Gotcha 👍

0

13.10.2021