‘Pure’ DeFi has little chance for real-world use because of need for oracles: BIS


$ 118,750.9
€ 101,217.6
¥ 38,800.0
£ 87,822.1
BTC
1.17 %
$ 3,718.58
€ 3,169.13
¥ 1,214.79
£ 2,748.81
ETH
0.75 %
$ 326.96
€ 278.71
¥ 106.97
£ 241.72
XMR
2.58 %
$ 119.29
€ 101.67
¥ 38.97
£ 88.11
LTC
3.38 %

According to the BIS researchers, a centralized oracle based on trust is the only option for DeFi, and variations of that model do exist.