RedStone has rolled out price feeds on the Stellar network, enabling essential data services for DeFi applications. With the inclusion of major assets like Bitcoin, Ethereum, and others, this initiative will enhance decentralized financial markets on Stellar.
This deployment addresses risks highlighted by a recent exploit that drained $10 million, as the RedStone system utilizes deviation-based updates to maintain high data accuracy and safeguard against similar vulnerabilities in the future.
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