Oiler Network - $OIL

Code Review - 05/16/2021

Marcus Kelly avatar
Written by Marcus Kelly
Updated over a week ago


Oiler Protocol provides instruments for trading / betting on changes in blockchain protocol parameters like block difficulty, block gas limit etc. DeFi users are most likely to use Oiler if they already have exposure to blockchain protocol parameters or their operations rely on big shifts in the network behavior, manifesting via big hashrate changes, massive gas price movements and protocol behavior changes. for ex Exchanges that cover the highly volatile on-chain assets withdrawal costs, Miners having exposure to shifting block reward and transaction fees or Institutions with exposures to many blockchains and a need for hedging the protocol-level risks.

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