Price Oracles
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SolvBTC LSTs need price data to interact with DeFi protocols in various chains. Currently, Chainlink and Redstone oracles are used for this purpose.
SolvBTC-BTC Market Feed @ Ethereum
SolvBTC-BTC Market Feed @ BNB Chain SolvBTC-BTC Market Feed @ Avalanche SolvBTC-BTC Market Feed @ Base
xSolvBTC / SolvBTC Exchange Rate @ Ethereum xSolvBTC / SolvBTC Exchange Rate @ Avalanche xSolvBTC / SolvBTC Exchange Rate @ Base
Solv integrates RedStone Oracles to maintain price security for SolvBTC and its Liquid Staking Tokens (LSTs), ensuring their peg to the underlying asset.
Redstone is a Modular Oracle that delivers frequently updated, reliable, and diverse data feeds in a few models. Solv utilizes the Push model, where data is pushed into on-chain storage via a relayer based on set conditions (heartbeat intervals and deviation thresholds).