Oracles Make the World Go Round /w Nicholas Fett of Tellor

In this conversation, Samuel McCulloch interviews Nicholas Fett, the CTO of Teller, about oracles and their role in the DeFi space. They discuss the need for alternative oracle providers, the challenges faced by LRTs and LSDs, and the importance of clean and reliable data. They also explore Teller's approach to oracles, including their subjective model and dispute resolution process. Additionally, they touch on the future of Teller and the increasing demand for oracleized pricing in the growing number of rollups and other Layer 2 solutions.

Chapters

00:00 Introduction and Background

01:36 The Need for Alternative Oracle Providers

05:24 Challenges with LRTs and LSDs

09:09 Determining Price Feeds for LRTs

13:03 Ensuring Clean and Reliable Data

16:15 Subjective Oracles and Disputes

22:42 Building the Next Version of Teller

25:36 Cosmos and EVM Integration

27:31 Future of Teller and Oracle Demand

28:01 Conclusion