DataFeeds

Data feeds provide decentralized applications (dApps) with reliable and real-time access to external information, bridging the gap between the blockchain and the real world. Feæder offers two types of data feeds, each serving distinct use cases:

Push based

Push-based feeds continuously update smart contracts with real-time data. This approach is ideal for scenarios requiring low-latency data delivery, such as:

  • Decentralized Finance (DeFi): Updating token prices for automated market makers (AMMs) or lending platforms.

  • Sports Applications: Delivering live scores or game stats for prediction markets and fantasy sports.

Feæder aggregates, verifies, and streams data directly to Æternity-based smart contracts, ensuring data consistency and accuracy.

Oracle based

Oracle-based feeds are more flexible and operate on a request-response model, enabling dApps to query specific data on demand. Feæder utilizes Æternity’s native oracle system, a unique feature that enhances efficiency and security by integrating oracle capabilities directly into the blockchain layer.

Use Cases for Oracle-Based Feeds:

  • Weather Insurance: Querying weather data for automated claim settlements.

  • Supply Chain: Accessing shipment tracking data for logistics dApps.

  • Community Voting: Fetching poll results or proposals for on-chain governance.

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