Protocol Village: Switchboard Releases ‘Oracle Aggregator,’ Pichi Raises $2.5M

Switchboard Releases ‘Oracle Aggregator,’ to Help Prevent Price-Manipulation Attacks

As a seasoned researcher with a penchant for blockchain and decentralized technologies, I find myself intrigued by the latest developments in this dynamic space. The launch of Switchboard’s Oracle Aggregator is an innovative step towards enhancing data integrity and combating price manipulation attacks, a concern that has plagued many dApps in the past. This development, coupled with the potential of Pichi Finance’s points trading protocol, showcases the immense creativity and problem-solving capabilities within our community.

The decentralized and adaptable oracle network, Switchboard, has recently revealed its Oracle Aggregator feature. This tool enables users to effortlessly combine data from various oracle networks such as Chainlink and Pyth Network, thereby reinforcing decentralized applications (dApps) against manipulative price attacks. As stated by the team, this off-chain data aggregation minimizes gas-heavy operations and enhances data reliability. The newly developed Oracle Aggregator also empowers developers to choose specific data sources they prefer and disregard those that don’t meet their quality standards.

Pichi, Crypto Points-Trading Protocol, Raises $2.5M

Title Finance Platform Pichi, Providing Pre-and Post-TGE Token Price Discovery, Secures $2.5 Million in Seed Funding

Daylight, Aiming to Enable ‘Virtual Power Plants,’ Launches Testnet, Raises $9M in Fundraise Led by A16z

Daylight, a platform aiming to create a decentralized system for constructing “virtual power stations” from dispersed energy resources (DERs), unveiled its test network and revealed a $9 million funding round spearheaded by the venture capital firm a16z. Framework Ventures, along with investors Lerer Hippeau, Lattice Fund, and Escape Velocity, also contributed to this funding round. As mentioned in an a16z crypto blog post, “The Daylight system consists of three essential elements:”