“Uniswap V3 smart contracts, for example, come with a lot of logic and mathematical rules around the upper boundary and lower boundary that’s actually embedded in the code of the smart contract and not displayed on-chain,” Cherif said in an interview. “In order to produce a proper market data feed, you need to not only capture the data of the event on-chain, but also to completely reverse-engineer the smart contract and its rules.”
Related posts
-
Bitcoin Sees Rise in Sell Calls Amid Expectations of Asian Institutional Boost
Over the past week, bitcoin has exhibited a downward trend, with its price stabilizing at around... -
Prioritizing First-Mover Advantage Over Security Leaves Defi Protocols Vulnerable to Hacks – Nikita Ovchinnik
According to Nikita Ovchinnik, founder of Barter Defi, decentralized... -
Contrary to Crypto Influencer Hype, Data Reveals ‘It is Not Altcoin Season’
Over the past 90 days, while bitcoin has shown...