★ Oracle source = spot DEX pool (no TWAP)
Liquid Collective (LsETH)'s assessment for RD-F-053 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
[★ CRITICAL — GREEN] LsETH conversion rate is not derived from any DEX pool. No slot0(), getReserves(), latestAnswer(), latestRoundData(), or DEX-TWAP call in River.1.sol or Oracle.1.sol. GitHub search for 'setOracle' in repository returns 0 results. Oracle is a permissioned quorum reporting Ethereum Beacon chain validator balances. Docs confirm: conversionRate = totalETHSupply / totalLsETHSupply updated via oracle reports. DefiLlama oracle field: 'Internal'. Pipeline-flagged Chainlink feeds verified as false positives not consumed by core contracts.
Sources #
- GitHubLiquid Collective River.1.sol sourceRiver.1.sol — no DEX/Chainlink oracle interface; Oracle.1.sol — Beacon state reports onlyretrieved 2026-05-17
- GitHub search: setOracle in liquid-collective-protocolGitHub search for 'setOracle' returns 0 results in liquid-collective-protocol reporetrieved 2026-05-17
- LsETH Tokenomics DocsconversionRate = totalETHSupply / totalLsETHSupply; independent of market prices; no external oracleretrieved 2026-05-17
- 00-data-cache.jsondata cache defillama.oracle: 'Internal'; pipeline oracle_feeds array verified as false positivesretrieved 2026-05-17
Methodology #
Determine whether the primary oracle for any asset/market reads spot price from a single DEX pool without a TWAP window or secondary source.
See the full factor methodology and distribution across all protocols →