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Jupiter Co-Founder: Will cooperate with Chaos Labs, Offside Labs, etc. to solve technical problems such as oracle and data delay

CointimeCointime2024/07/11 04:58
By:Cointime

According to a report by Jinse Finance, meow, co-founder of Jupiter, wrote on X platform that operating a sustainable perpetual securities market requires continuous attention from both traders and liquidity providers. Jupiter's mission is to ensure that this is not a zero-sum game, but rather a platform for both parties to achieve their risk/reward needs in a collaborative way. Therefore, Jupiter will not hastily adopt temporary solutions, but will instead make overall improvements. Jupiter will work with Chaos Labs, Gauntlet, and Offside Labs to analyze user data for parameter updates and improve some very tricky technical issues such as oracle and data delays. Jupiter will also attempt to comprehensively address major improvements in yuan and data improvement.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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