Oracle Risk

As Echelon's products rely heavily on price feeds from partnered oracles, inaccuracies in price feeds may result in unexpected liquidations for borrowers or lenders. As such, Echelon plans to follow a strict Asset Listing and continued monitoring of available collateral assets and their oracle price feeds. In the event of an oracle exploit determined by pre-established conditions, Echelon will switch to a backup oracle as explained here.