IPOR Protocol

Charlie - Oracle Backend

“Simplicity has a way of improving performance by enabling us to better understand what we are doing."

Charlie Munger
Charlie is a set of services that live off-chain and does the heavy lifting for the oracle. Charlie is constantly monitoring full nodes to capture up-to-date on-chain data. Charlie's responsibilities are:
  • Data collection and monitoring of smart contracts that contribute to the IPOR Index
  • IPOR Index calculation (it uses a designated contract that calculates the rate)
  • IPOR Index publication to IPOR Oracle.