Oracle

In Torch Finance, general Stable Pools do not require oracles. However, if a pool contains assets that appreciate over time, directly using these assets will cause slippage to increase over time.

To address this, Torch Finance has partnered with Pyth, a leading oracle in the blockchain industry, to introduce the Yield Bearing Stable Pool! By leveraging Pyth to reference the redemption rate of yield-generating assets, we can calculate conversions based on the underlying assets, significantly enhancing the user trading experience.

(Note: More details will be revealed in the future.)