MUON - A 🧵
A quick review on Muon and its relation to #DEUS @DeusDao; more reasons to acknowledge the magnitude of this project and how far it goes . $MUON . Was one of the pillars of $DEUS $DEI. It is important to know who is the team behind such an important tool (oracle).
A quick review on Muon and its relation to #DEUS @DeusDao; more reasons to acknowledge the magnitude of this project and how far it goes . $MUON . Was one of the pillars of $DEUS $DEI. It is important to know who is the team behind such an important tool (oracle).
Deus Finance has confirmed an exploit involving the manipulation of its oracle, Muon when the protocol suffered the“hack” . This wasn’t due to a “bad” oracle; this is a newer better technology that was abused by malignant users. @muon_net and @DeusFinance keep growing together.
@muon_net bridges different blockchains and ORACLES, connects all applications on all chains with the off-chain world. MUON fills the gaps between different networks through a sonar-like system of decentralized autonomous nodes, which can speak and understand any language.
Oracles, predict prices in a way since they provide reliable, trustworthy, immutable, and traceable data. When multiple sources, such as @muon_net nodes, verify an oracle’s information to be true, a ‘consensus’ formed on
accurate data.
accurate data.
The first Oracle built on Muon was the one that provided @DeusDao finance the prices of 50k+ stocks instantly. Its a stock price Oracle called Pythia. To achieve this oracle, Muon has a node-based infrastructure that provides speed.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
