Chronicle is said to safeguard over $5 billion in assets held on Maker by ensuring pricing data is in line with the general market.
provider that safeguards over $5 billion for MakerDAO and its ecosystem, said Tuesday it is expanding outside of the MakerDAO ecosystem with a new protocol that makes oracles available on various networks.to service the fast-growing ecosystem and lay the foundation for integrating another of Chronicle’s key partners, Spark Protocol.
Oracles are blockchain-based services that fetch data from outside a blockchain. Blockchains, by design, are immutable stores of data but can’t verify the authenticity of inputted information. This is where oracle networks help – they refer to multiple sources of information to provide reliable data to blockchain-based services and products for users.
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