> For the complete documentation index, see [llms.txt](https://docs.brix.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.brix.money/technical/oracles.md).

# Oracles

Oracles provide data from outside the blockchain that onchain systems rely on to function correctly. In many protocols, oracles act as trusted data feeds that inform key business logic. For iTRY, accurate and timely pricing data is essential because the protocol references the net asset value (NAV) of the underlying money market funds to determine mint and redemption pricing and to support accurate yield calculations.

## Why oracles matter

Because NAV data for the underlying money market funds is published offchain by regulated administrators, the protocol needs a reliable way to bring that information onchain. Oracles provide this bridge. They ensure smart contracts can access verified NAV data so pricing and yield calculations remain accurate, predictable, and aligned with underlying asset performance.

## Oracle providers

iTRY currently uses Redstone for its oracle infrastructure. Redstone delivers NAV pricing data to the protocol in a secure, tamper-resistant format that can be consumed by the contracts responsible for yield calculation and validation.

Additional oracle providers may be added in the future to enhance redundancy, improve data availability, and support broader risk management.


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