Prisma Finance: The PIP-004 proposal has been executed, and the wstETH oracle is now operational

ChainCatcher message, the LSD stablecoin protocol Prisma Finance stated on social media that the PIP-004 proposal has been passed and executed, and the wstETH collateral oracle is now operational.

The previously used stETH/USD Chainlink oracle has been updated to a stETH/ETH and ETH/USD combination. The original stETH/USD Chainlink oracle had a deviation threshold of 1%, while the updated oracle's deviation threshold will be reduced to 0.5% to provide more accurate price feeding services.