TechFlow reports that DeFi oracle RedStone Oracles has recently introduced a novel modular design, where data is first stored off-chain in a data availability layer and then fetched on-chain when needed, improving efficiency. A key component of this design is the @redstone-finance/fuel-connector module, which provides an alternative method for delivering oracle data to smart contracts.
Specifically, data is stored in a decentralized caching layer managed by RedStone’s lightweight caching gateway and the Streamr data broadcasting protocol, until end users transfer it onto the Fuel network. To connect to a contract, developers need to import the connector code and utilize its methods. Moreover, RedStone's fuel-connector module is part of the Fuel Grants Program, aimed at supporting developers building projects on Fuel.
Furthermore, RedStone Oracles' integration into the Fuel ecosystem introduces unique elements to the DeFi space, including the adoption of the new Sway language and alternative approaches to delivering oracle data, along with support for multiple native assets. To further support these innovations, RedStone also provides an on-chain library for the fuel-network layer, various tests, and TypeScript classes.
