PIGY Oracle

A Oracle run by the Stake Pool incentive token PIGY Token. Fees for the Oracle can only be paid in PIGY Tokens.

PIGY Oracle has been running since March 2021, and currently posts price data for the following assets at 1200 UTC every day:

  • Secured Overnight Financing Rate, SOFR
  • ADA Price (in multiple currencies)
  • BTC Price (in multiple currencies)
  • ETH Price (in multiple currencies)
  • The price of multiple precious metals (in USD)

Active community members are invited to propose further data points and the creator explicitly asks stake pools using the PIGY Token to collaborate and to help make the PIGY Oracle a decentralized oracle; although the mechanism for accomplishing this decentralization has yet to be revealed.

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PIGY Oracle & PIGY Token

PIGY Token and PIGY Oracle are created by the same entity. PIGY tokens are required to pay the fees for using the PIGY Oracle. PIGY Oracle is also looking for SPOs who use the PIGY Token to assist in decentralizing the oracle.

PIGY Token logoPIGY Token logo

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