Deploy and Utilize Coinbase’s Open Oracle on IoTeX Blockchain

Raullen Chai
4 min readJun 13, 2020

Coinbase is one of the most trusted companies in the crypto space and two months ago, it released a reliable price feed anchored into Coinbase’s secure infrastructure to help with the DeFi ecosystem, reduce systemic risks and unlock the next wave of growth and adoption.

This price feed is served in the payload of Coinbase API and is compatible with the Open Oracle — a set of solidity smart contracts that the Compound team developed and open-sourced to facilitate standardization and interoperability between different sources…

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