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The Solution to Oracle Extractable Value

Bell Curve

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Programming Auctions and the Limitations of General Payoffs

This chapter explores the concept of using suave as a service to program auctions, using oval as an example for Oracle price updates and discussing its potential to expand for other types of protocol transactions and specialized auctions in the future. It highlights the limitations of auctions for general value functions involving uncertainty and complex payoffs, and emphasizes how oracles are an excellent use case for auctions due to bounded payoffs based on price information.

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