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Key Terms From This Episode
Price Feed:
Real-time data about an asset's market price, provided by oracles. Liquid Loans uses Chainlink price feeds to know the current PLS price.
TVL (Total Value Locked):
The total dollar value of all assets deposited in a DeFi protocol. TVL is a key metric for assessing a protocol's size and adoption.
Volatile / Volatility:
The degree to which an asset's price fluctuates. PLS is a volatile asset, which is why Liquid Loans requires overcollateralization to protect against price swings.
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