Flux Oracle is a core component of the protocol, providing a fully permissionless and completely decentralised mechanism for requesting and processing off-chain data for on-chain resolution.
Designed to bring arbitrary data on-chain, the Oracle possesses unique attributes for securing data integrity. These attributes improve the network’s flexibility and security while also providing economic guarantees that scale with the value secured through the Oracle. Flux Oracle also allows other protocols to connect their own infrastructure to the network and securely handle data requests.
By allowing users to integrate their existing solution into the network regardless of oracle being used, Flux Oracle can also serve as a backstop for existing oracle pipelines further strengthening the network’s security and hardening data integrity. It can also serve as a backstop for existing oracle pipelines.