Currently, Pandora Finance is using Pyth Network Price Feeds, which provides up-to-date token price data to smart contrasts on Sui Network.
Pyth Network
How does Pandora Finance utilize oracles?
In Pandora Finance, Pyth Network plays a crucial role in enhancing the accuracy and reliability of our operations by providing real-time price feeds. We utilize the $SUI price feed from Pyth to determine the outcome of each round in our Up & Down game, classifying it as up, down, or balanced based on the price movement. This ensures that the game results are based on precise and up-to-date data.
Additionally, Pyth Networkβs price feeds for $SUI, $SCA, $BUCK, $TURBOS, and $USDT are integral to our protocol's reward mechanism. These feeds are used to calculate the total prize pool for each round, enabling us to fairly distribute rewards to participants.
Up & Down Game
By integrating Pyth Network, we ensure that our protocol maintains a high level of transparency and fairness, providing users with a dependable gaming experience.