⚠️Oracle Limitations


Oracles are a critical piece of infrastructure for every blockchain ecosystem, yet there currently is no strong Cosmos-native oracle built to serve the greater Cosmos Ecosystem. Existing oracles often only provide price data for assets with the largest market caps like BTC and ETH and fail to acknowledge many of the smaller but important assets which make up the Cosmos Ecosystem like OSMO, JUNO, KUJI, and UMEE.

Cosmos developers are forced to rely on the price feeds provided on the chain they’re building on, or otherwise must build their own oracle module - an extremely difficult task with huge risk implications. With many developers choosing to build Cosmos app chains due to the developer-friendly open source tools readily available like IBC and the Cosmos SDK, there’s a clear need for a highly secure and widely accessible decentralized oracle network.

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