On August 20th, Curve Finance officially responded to "lifting the Chainlink price security limit in the crvUSD oracle", stating that "there is no problem with Chainlink, but for the algorithm we created, it is better not to use spot prices." Earlier today, according to the Curve governance platform, Curve founder Michael Egorov proposed to lift the ±1.5% security limit on Chainlink prices in the crvUSD oracle. Currently, if the Chainlink price deviates too much from the oracle EMA (1.5%), the Chainlink data source will be used directly. However, when the market fluctuates greatly, using this mechanism will cause unnecessary losses. Therefore, the Curve founder proposed to disable the Chainlink price security limit in the price oracle contract for all markets, except for the old frxeth market.
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Curve: There is no problem with Chainlink, but it is best not to use spot prices due to platform algorithms
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