Pragma oracle has been launched on Starknet mainnet
According to official sources, the Pragma oracle service has been launched on the Starknet mainnet. As part of Starknet's future plans, the network intends to add STRK as a new fee token outside of ETH, and this mechanism requires an oracle to provide real-time STRK <> ETH price feeds. In the short term, Starknet plans to use the semi-decentralized Pragma oracle as a temporary solution, while a long-term decentralized solution will need to be achieved through future governance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana Unveils Seeker Mobile with Advanced Web3 Features for 2025
Solayer Unveils InfiniSVM: Blockchain Redefined with Millisecond Speed
Bitcoin’s Rollercoaster: Macro Shifts and Market Turbulence Shape Its Path
Strive Asset Management Unveils Bitcoin Bond ETF Targeting Crypto-Driven Companies