PowerPool releases PowerOracle V2 agreement maintenance system | Top DeFi

PowerPool releases PowerOracle V2 agreement maintenance system

The DeFi PowerPool (CVP) protocol team announced in a tweet the release of a key component of the DAMM (Dynamic AMM) infrastructure, the PowerOracle V2 protocol support system, and DAMM will be launched tomorrow.

The core element of PowerOracle V2 is the Poker agent, which can periodically invoke contracts and perform operations such as using DEX to calculate TWAP (time weighted average price) and implementing a weight change strategy in the DAMM pool to enable PowerOracle and DAMM pools. Poker can get gas compensation and income from pledging CVP tokens.

PowerOracle v2 was designed to support dynamically updatable systems such as PowerPool DAMM. Its architecture allows for scheduled weight change events for DAMM pools using the price and contract strategy data stream.