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RE: LeoThread 2024-12-05 08:38

in LeoFinancelast month

Part 6/9:

Haven utilizes Chainlink for oracles, allowing consistent price feeds that inform users on the current valuation of assets like its native cryptocurrency (XHV). This setup aims to maintain a stable pricing mechanism for its algorithmic stablecoin, XUSD. While Chainlink has been beneficial so far, there are considerations to develop private, decentralized oracle solutions to preserve privacy further.

Transaction Mechanics: The xUSD Model