Oracle

In Pixcross, oracles play a critical role in ensuring accurate and transparent valuation of collateral throughout the lending process. These external data feeds provide real-time market pricing for intellectual property (IP) assets, including non-fungible tokens (NFTs), which are used as collateral within the platform.

By integrating reliable oracles, Pixcross ensures that collateral valuations are:

• Consistent with current market conditions,

• Transparent, and

• Tamper-resistant.

This accurate pricing data is essential for determining loan eligibility, calculating Loan-to-Value (LTV) ratios, and triggering liquidation events. It enables both borrowers and lenders to make informed decisions, while also safeguarding the protocol against mispricing risks.

Through the use of oracles, Pixcross enhances the integrity, efficiency, and fairness of its cross-chain lending ecosystem.