Price Oracles
Last updated
Last updated
primeETH treats one ETH worth of LST as 1 primeETH, to ensure it remains consistent over time primeETH employs oracles to not overcompensate for LSTs that might be trading at a discounted rate. Thus, as it gets minted with multiple LSTs, the oracles come into play to accurately price respective LSTs as they interact with the platform.
primeETH currently utilizes the following price oracles:
Origin (OETH)
Origin
0xc513bDfbC308bC999cccc852AF7C22aBDF44A995
Lido (stETH)
Chainlink
0x86392dC19c0b719886221c78AB11eb8Cf5c52812
Mantle (mETH)
Mantle
0xe3cBd06D7dadB3F4e6557bAb7EdD924CD1489E8f
Frax (sfrxETH)
Frax
0x584902BCe4282003E420Cf5b7ae5063D6C1c182a
Swell (swETH)
Redstone
0x061bB36F8b67bB922937C102092498dcF4619F86
Rocket Pool (rETH)
Chainlink
0x536218f9E9Eb48863970252233c8F271f554C2d0
Stader (ETHx)
Redstone
0xc799194cAa24E2874Efa89b4Bf5c92a530B047FF
The following illustration demonstrates how the oracles are currently implemented: