We sit down with Mike Cahill, CEO of Douro labs, to talk Pyth’s retroactive airdrop and launch. In this episode:
- A brief history of Pyth
- What was the problem with legacy oracles before Pyth
- How is Pyth is technically differentiated from other oracles
- The importance of introducing confidence intervals into prices
- How does Pyth achieves cross chain data delivery
- Disintermediation in the oracle market
- Major proof points that convinced Mike that Pyth could work
- Pyth’s traction on various chains
- Which blockchains Pyth does particularly well on
- Mike addresses the ‘collusion FUD’?
- Why Pyth oracles are not like LIBOR
- How the Pyth retrospective airdrop works
- What’s happening with Pyth governance on a go forward basis?
Further reading:
- Pyth, How the Retrospective Airdrop works
- On The Brink ep. 364, Solving The Oracle Problem