AVNU has successfully integrated Oracle Pools from the Ekubo Protocol, introducing a boost in price accuracy for developers working on Starknet. This integration allows developers to make use of the innovative Oracle Pools from Ekubo to create a reliable price oracle on-chain by locking up a small amount of liquidity within the Oracle Pool of the $EKUBO token. The platform made the announcement on its official social media account to share the details of the integration.
In a recent post, AVNU highlighted that the integration of Ekubo Protocol-based Oracle Pools enables developers to calculate volatility and access price data on-chain. This development reportedly enhances the transparency and quality of DeFi applications. Oracles play a crucial role in the broader DeFi sector, enabling smart contracts to interact with real-world data. However, oracles are often vulnerable to manipulation, particularly when low liquidity affects the reliability of price data.
Ekubo’s Oracle Pools address this issue by providing developers with a mechanism to create tamper-resistant price oracles. The protocol locks liquidity into the pools to ensure precise price feeds that are protected from manipulation, thereby enhancing the integrity of financial apps on-chain.
AVNU sees this integration as a significant advancement for the overall Starknet ecosystem. By incorporating Ekubo’s Oracle Pools, developers can rely on resilient on-chain oracles, supporting a new generation of dApps. The inclusion of Ekubo’s Oracle Pools reflects AVNU’s commitment to meeting the growing demand for accuracy and security in DeFi data.