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Compound Launches Decentralized Price Oracle

Compound Launches Decentralized Price Oracle

An Ethereum-based decentralized finance (DeFi) protocol Compound Finance has launched its own decentralized price oracle. According to an official blog announcement, the Compound developers decided to engage Open Zeppelin, a blockchain-focused consulting firm, to audit 2 the proposed price feed and Certora to specify formal verifications of properties of the contracts as a part of the migration to the Open Price Feed.







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