You can design a smart contract that sells gas options, which helps gas guzzlers such as rollups or social apps hedge their base fee exposure. One of the most important components of these options is a reliable data source. The options will be built upon a base fee oracle powered by Axiom. Axiom can fetch historical base fee data from the block header and TWAP it to provide a continuous base fee data stream.
What is it?
A base fee oracle for gas derivatives.
How does it work?
You can design a smart contract that sells gas options, which helps gas guzzlers such as rollups or social apps hedge their base fee exposure. One of the most important components of these options is a reliable data source. The options will be built upon a base fee oracle powered by Axiom. Axiom can fetch historical base fee data from the block header and TWAP it to provide a continuous base fee data stream.