Ares An On-Chain-Verified Oracle Protocol

Ares is an on-chain-verified oracle protocol that provides secure and reliable data services for the Polkadot DeFi ecosystem.

About Ares Protocol

Ares is a decentralized hybrid oracle that fully realizes the on-chain and on-chain verification of oracle data. By using VRF to discover the random selection of aggregators, data centralization is solved, and a very low participation threshold is guaranteed. However, the random selection of the aggregator cannot guarantee the accuracy of the data. In order to solve the problem of data valuable, Ares innovatively adopts a challenger model. When the verification node in the network discovers that there is a problem with the data of the aggregator during the process of verifying the data, it only needs to pay a certain amount of Gas to initiate a challenge. The data will be passed to the arbitration organization, composed of honest aggregators and token holders. Under normal circumstances, it does nothing except there is a challenge in the network. Each member of the arbitration organization will initiate a BFT vote on the challenge. If the verification passes, the aggregator will be punished and the challenger will be rewarded.