Degen Code

Degen Code

Chainlink Price Feeds, Calculating Trade EV, Automatically Scaling Gas Fees

Consult the Oracle

Jan 17, 2022
∙ Paid
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So far I’ve concerned myself with two types of token pools:

  • Pairs with predictable token value ($1 denominated stablecoins)

  • Pairs with fluctuating token value, but predictable relationships (sSPELL-SPELL)

In the case of the stablecoins, I know that the intrinsic value of a token is $1 so I don’t need to do an external lookup to determine the expected value…

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