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@drecronye drecronye commented Jul 25, 2025

We have created an on-chain oracle that takes the price of RZR/USD from Shadow which is where we have one of the deepest liquidity

The on-chain oracle has a few safety checks to avoid price manipulations.

  • A gated updater: Only gated participants can update the oracle. Updates happen every 5 minutes
  • 4hr TWAP with 5 minute observations: The TWAP helps prevent price manipulation from flashloans and makes it economically expensive for attackers to manipulate the market
  • Lower and upper bound restrictions: A hard cap and floor which is updated by an off-chain oracle is set to add further protection.

Onchain TWAP oracle can be found here https://sonicscan.org/address/0x81707a5Ce2139dF7f7D768b4D581FD82bd800609#code

@drecronye drecronye changed the title Added oracles for RZR/USD and lstRZR/USD to Added oracles for RZR/USD and lstRZR/USD Jul 25, 2025
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