Omer Goldberg - Introducing the Edge Oracle Network by Chaos Labs - TOKEN2049 Singapore 2024
Discover the groundbreaking Edge Oracle Network introduced by Omer Goldberg at TOKEN2049 Singapore 2024, presented by Chaos Labs. As a leading force in onchain risk management, Chaos Labs unveils an innovative Oracle protocol that integrates economic security with real-time risk management for decentralized applications. With proven success in securing close to a trillion dollars in notional volume and optimizing incentives across major DeFi ecosystems, Chaos Labs now turns its attention to the Edge protocol.
The Edge Oracle Network consists of three critical components: price Oracles offering enhanced DeFi solutions, risk Oracles for real-time data integration, and proof Oracles to verify offchain data. By embedding risk management into price feeds, Edge Oracle Network provides protection against market manipulation and enables timely responses to volatile crypto market conditions. The result is secure and efficient trading environments, pivotal for DeFi's growth.
Goldberg highlights successful collaborations, notably with Jupiter and GMX, demonstrating Edge’s capacity to manage over $30 billion in transactional volume and support advanced DeFi needs. He also introduces a collaboration with Wintermute for the US 2024 election prediction markets, further showcasing Edge’s versatility and technological prowess.
Enhancing liquidity, reducing response times, and safeguarding against exploits, the Edge Oracle Network represents a leap forward in DeFi infrastructure. Explore how Edge is transforming decentralized finance, ensuring efficiency and security for users worldwide.
Engage with our content by liking, commenting, and subscribing for the latest insights into the cutting-edge world of DeFi and blockchain innovations.
