Oracles
Last updated
Last updated
To implement its algorithms for calculating the prices of synthetic real estate assets, Sustate Finance uses a system of personal Oracles that work on the principle of collecting, grouping and calculating the necessary, secure information about current real estate prices in certain areas around the world. They transmit this data through encrypted ports directly into a smart contract on the Sui Network of each asset which updates prices in real time, but subject to the margin of error that is allowed for the most expensive and very cheapest properties.
Sustate Finance oracles can calculate up to 12 active update sources for analysis. The entire algorithm works according to a derived formula: