The $10bn Oracle Powering MakerDAO w/ Angus of Chronicle Labs
Leviathan News20 Maalis 2024

The $10bn Oracle Powering MakerDAO w/ Angus of Chronicle Labs

In this conversation, Samuel McCulloch interviews Angus from Chronicle Labs, the Oracle provider for MakerDAO and Spark. They discuss the history of Chronicle Labs and how Maker built its own Oracle solution. They also explore the reasons for spinning off Chronicle Labs as a separate entity and the key features of Chronicle's Oracle solution. The conversation touches on the competition in the Oracle market, the concept of Oracle Extractable Value (OEV), and the handling of off-chain data. Finally, they discuss Chronicle Labs' expansion plans and its role in the broader DeFi ecosystem.



Chapters


00:00 Introduction and Background

01:00 Chronicle Labs: Maker's Oracle Solution

04:21 Reasons for Spinning off Chronicle Labs

06:16 Key Features of Chronicle's Oracle Solution

10:32 Competition in the Oracle Market

11:00 Expansion Plans for Chronicle Labs

13:25 Oracle Extractable Value (OEV)

14:24 Handling Off-Chain Data

23:57 Conclusion and Future Outlook


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