Web3 projects are increasingly aware of a problem—the quality of on-chain data directly impacts the stability of the entire ecosystem. A direction that is emerging is decentralized data service solutions. The core advantage of these solutions lies in providing transparent, reliable real-time price feeds, allowing developers and project teams to build applications with confidence. Especially in the fields of DeFi, derivatives, and gaming, stable underlying data infrastructure is almost a necessity. Interestingly, many of these projects introduce governance token mechanisms—community members participate in decision-making through tokens, driving the continuous evolution of the network. This model, to some extent, addresses the trust issues of centralized oracles and also opens up possibilities for cross-chain data interoperability. If such infrastructure can be effectively implemented, it will greatly enhance the resilience of the entire Web3 ecosystem.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
4
Repost
Share
Comment
0/400
GateUser-bd883c58
· 20h ago
Data oracles are indeed a bottleneck, but can governance tokens really solve the trust issue? It feels like just a new bottle with old wine.
View OriginalReply0
ChainWanderingPoet
· 20h ago
Sounds good, but the key is who is actually using it
It's just a different way for project teams to pay
The governance token system... feels like it's about to become another shitcoin
Oracles should have been decentralized long ago, but unfortunately Chainlink's moat is too deep
The stability of data feeds is the key, don't just talk about visions
View OriginalReply0
BlockTalk
· 21h ago
To be honest, the oracle issue has long needed proper resolution. Centralized solutions still rely on the same trust trap after all the efforts.
Real implementation could indeed improve the ecosystem, but as for governance tokens... is it just another new way to harvest retail investors?
Price feed stability is crucial, or else DeFi derivatives will be wiped out by another wave of flash loans.
Decentralized data infrastructure sounds good, but I'm worried it might just be another PPT project. Let's wait and see.
View OriginalReply0
SmartContractRebel
· 21h ago
In plain terms, someone needs to make data transparent. I don't know if the previous centralized oracle system was trustworthy or not.
Web3 projects are increasingly aware of a problem—the quality of on-chain data directly impacts the stability of the entire ecosystem. A direction that is emerging is decentralized data service solutions. The core advantage of these solutions lies in providing transparent, reliable real-time price feeds, allowing developers and project teams to build applications with confidence. Especially in the fields of DeFi, derivatives, and gaming, stable underlying data infrastructure is almost a necessity. Interestingly, many of these projects introduce governance token mechanisms—community members participate in decision-making through tokens, driving the continuous evolution of the network. This model, to some extent, addresses the trust issues of centralized oracles and also opens up possibilities for cross-chain data interoperability. If such infrastructure can be effectively implemented, it will greatly enhance the resilience of the entire Web3 ecosystem.