Fallback data provider
Increasing confidence of correct settlement by having a fallback data provider
DIVA Protocol implements a fallback data provider which will step in if a data provider fails to report a value within the 24h submission window. The fallback provider has 5 days following submission period end to report a value. There are two important points to highlight:
- The fallback provider will step in only where the data provider was whitelisted at the time of pool creation. For non-whitelisted data providers, it's up to the fallback data provider to decide whether to submit a value or not.
- Values submitted by the fallback provider cannot be challenged by position token holders.
In the early phase of the protocol, the fallback provider will be a Multisig owned by early contributors to the DIVA Protocol.