Remove Wrapped Token Pair tETH/USD #19
yohanelly95
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In the realm of decentralized finance, token pairs involving pegged, stablecoin, or wrapped assets play a vital role due to their semblance to a stable value, often pegged to another asset or a basket of assets. However, these types of tokens come with an inherent risk known as 'depegging'.
Depegging occurs when the token's market price deviates significantly from its supposed 'stable' value. This can happen for a variety of reasons, including, but not limited to, lack of liquidity, sudden loss of collateral backing the token, regulatory crackdowns, or loss of trust in the issuing platform.
Therefore, by removing pairs that involve pegged, stablecoin, or wrapped tokens from our Collections, we aim to:
In summary, this change is a proactive measure to uphold the accuracy and dependability of our price feed data, ensuring our users receive the best and most reliable information.
Remove the tETH/USD token pair from the active
ETHUSD
Collection.Datasources PR related to this proposal- Remove wrapped eth token datasources#78
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