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📈 Switchboard Feeds

A feature supporting efficient on-chain data feeds that get updated at specified intervals, ideal for applications requiring real-time data updates. A decentralized lending platform could use Switchboard Feeds to access updated collateral prices, ensuring accurate liquidation triggers and avoiding incorrect liquidations.

Use Cases

  • Data feeds including commodity and cryptocurrency prices
  • Sport scores for settling trustless escrows between parties
  • Weather data to auto-settle insurance payouts
  • Miscellaneous data to influence NFT traits