Edge Risk Oracle – Chaos Labs RT Oracles

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Enabling Real-Time Risk Management as the very first in the DeFi space

Introduction: The Future of Real-Time Market Adjustments

Venus is thrilled to announce its integration with Chaos Labs’ advanced decentralized Oracle network, Edge. This partnership marks a new chapter in Venus’ evolution by enabling real-time adjustments to risk parameters across our markets. With Edge Oracles, Venus will no longer rely solely on regular VIP governance proposals to ensure optimal risk settings. Instead, we’ll have immediate and dynamic capabilities, enhancing our resilience in the ever-changing DeFi landscape.



Why Edge is a Game-Changer for Venus Protocol

Edge is far more than a price-feed Oracle. Engineered to go beyond traditional Oracle functionality, it operates as a fully integrated risk management tool. Here’s what makes Edge so valuable:

  1. Integrated Risk Management: Edge Oracles embed Chaos Labs’ expertise in risk mitigation directly within the Oracle framework, delivering not just prices, but also protection against potential market manipulation.
  2. Cross-Chain Intelligence: In a fragmented DeFi landscape, Edge aggregates data from multiple sources (similar to Venus’ Resilient Price Oracle), providing price integrity that Venus can trust, even across different blockchain networks.
  3. High-Speed, High-Security Data Feeds: Edge is tailored for high-frequency markets and leveraged assets, where precise, low-latency pricing can prevent costly exploits.

The Operational Impact: A New Era of Efficiency for Venus Users

For Venus users, this Oracle upgrade means more than technical enhancements. With Edge, Venus will be able to respond to market conditions faster than ever, creating a safer and more robust lending ecosystem:

  1. Instantaneous Adjustments: Instead of waiting for VIP proposals to adjust risk parameters, Venus can now implement necessary changes immediately.
  2. Enhanced User Protection: Edge’s real-time data integration offers a proactive defense against volatility, making Venus DApp safer during periods of high market activity.

Looking Ahead: Reinventing DeFi with Intelligent Oracle Integration

This collaboration with Chaos Labs reflects Venus Protocol’s commitment to pioneering safety and efficiency in DeFi. As Edge continues to develop, team anticipate even more powerful capabilities that align with our vision of a secure and adaptable financial ecosystem on-chain. This is a first step towards empowering Venus users with technology that’s as resilient as it is innovative.

Stay tuned as Venus roll out Edge and begin reaping the benefits of this next-generation Oracle solution. Together with Chaos Labs, Venus team is building a future for Venus that meets the demands of a dynamic DeFi market—today and tomorrow.

Join Venus on this journey as it redefines what’s possible with real-time risk management in DeFi!

Chaos Labs publication: https://chaoslabs.xyz/posts/introducing-edge-the-next-generation-oracle

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