Description
Oiler is a company focused on building blockchain-native derivatives to help users hedge against network shocks like gas price volatility. Their product suite includes: Fossil, a set of smart contracts and an API that enables Starknet smart contracts to trustlessly access data from Ethereum L1, including state, transactions, and block parameters. Nafta, a protocol for collateral-free NFT flash loans and long-term rentals, which works by wrapping the original NFT. Pitch Lake, a work-in-progress DeFi vault system that allows users to trade the Ethereum mainnet basefee, utilizing StarkNet for TWAP calculations and Fossil for verified block header access.