Oracle Usage

Nebu Assets primarily relies on price information provided by the Pyth oracle to obtain market prices for tokens, leveraging Pyth's extensive security features to better understand token price activities and risk management. This price information is applied in Nebu Assets' contracts, dapps, and liquidation scripts. To ensure price accuracy, Nebu Assets utilizes the price confidence intervals and moving average data provided by Pyth, while also setting a 120-second validity period for prices.

Pyth Pull Mode allows decentralized applications to fetch specific data points directly from Pyth oracles on-demand, enhancing data retrieval efficiency. This mode reduces network congestion and costs associated with continuous data feeds by enabling applications to request data only when needed. Additionally, Pyth Pull Mode improves security and reliability by ensuring that data is retrieved directly from the source, minimizing the risk of tampering.

Nebu Assets is about to migrate to use the Pyth 2.0 Pull Model soon.