TechFlow news — Pyth Network announced that 140 million Pyth tokens have been staked to secure decentralized finance (DeFi). Users can earn rewards by participating in the Oracle Integrity Staking program.
Earlier, Pyth announced the launch of Oracle Integrity Staking (OIS), an upgraded version of its oracle security staking mechanism designed to enhance data source reliability and the security of the DeFi ecosystem. OIS introduces on-chain staking rewards and slashing mechanisms to incentivize publishers and PYTH token holders to stake and safeguard the oracle network. Publishers are rewarded for providing high-quality data and penalized if their data is inaccurate.
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