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Distilling DeFi Primitives with Guillermo, Alex and Tarun

Zero Knowledge

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Oracle Dependent Systems

Oracle dependent systems are of the form either property x holds, in other words, i don't get liquidated unless the price falls below a certain amount. And that requires that sort of security assumption to hold in order for your system to hold. It turns out that orwork explains in some ways, where that design is, where some version of that design is necessary. Is just that some applications, in fact, very many applications, don't need that sort of complexity at all.

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