Modefi’s main objective is developing Oracle blockchain solutions that empower true decentralization of data on-chain for integration via Smart Contracts. Modefi’s suite of Oracle solutions will provide higher level transparency, precise data, and a fully trustless ecosystem.
Oracle manipulation has been one of the biggest culprits when it comes to contracts and DeFi hacks. Protocols are exposing their users to potentially massive risks when relying on centralized or single data point oracles within their eco-systems.
Modefi’s Oracle Solution Suite will allow DeFi protocols to reduce the potential of putting their users’ hard earned capital at risk due to unforeseen circumstances.