Ojo Network

Introduction

Ojo has created an exchange-rate oracle contract for LRTs curated by Mellow. This oracle is intended to output the exchange rate between an LRT and a particular base asset, while having an interface that is compatible with Morpho markets.

Since Mellow accepts multiple asset types in its vaults, this contract takes the underlying TVL of the vault into consideration and is compatible with vaults which contain multiple currencies, rather than strictly pegging the LRT to the underlying token with a 1:1 ratio.