Oracle quality is foundational for fair perpetual markets. On Emofi, oracle-informed pricing contributes directly to mark logic, risk checks, and liquidation behavior. Reliable execution is not enough if pricing references are unstable or manipulable.
Oracle Role in Emofi
Oracle inputs can influence:
index/reference market anchoring,
mark price construction,
funding directionality context,
liquidation trigger fairness.
Design Priorities
A robust oracle framework should optimize for:
timely data updates,
manipulation resistance,
availability under stress,
explicit fallback behavior.
Risk Mitigation Approaches
Protective patterns may include:
source diversification where practical,
deviation checks for anomalous values,
guardrails for transient dislocations,
defined fallback or circuit-breaker paths.
Why Documentation Matters
Users and integrators need to understand both normal and abnormal conditions. Transparent oracle methodology improves trust, supports external risk modeling, and reduces ambiguity during volatile events.