# Opium Network Unveils Optimistic Oracles For DeFi

By Coinness

Canonical URL: https://www.tokenpost.com/news/investing/7937
Published: 2021-04-02T06:39:04.000Z
Updated: 2021-04-02T06:39:04.000Z
Section: Investing

> Decentralized finance network Opium has announced an infrastructure upgrade that will change the way oracles are used for price and data feeds.

Decentralized finance network Opium has announced an infrastructure upgrade that will change the way oracles are used for price and data feeds.

In a March 30 announcement, the synthetic derivatives Opium Network platform unveiled plans to introduce what it calls optimistic oracles. Working with Gnosis and the Universal Market Access (UMA) platform, Opium is seeking safer oracles for DeFi use-cases that require off-chain data.

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