RedStone has already deployed a price oracle on the Stellar network

XLM7,07%

ChainCatcher reports that, according to market sources, the oracle service provider RedStone has deployed a price oracle on the Stellar network. This move comes after a $10 million oracle vulnerability attack.

As the Stellar network expands its decentralized finance infrastructure and explores lending and tokenized assets, RedStone’s price oracle will provide critical price data support for the network. The deployment aims to enhance the security and functionality of the Stellar ecosystem while offering developers a reliable source of price information.

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