We sit down with Mike Cahill, CEO of Douro labs, to talk Pyth’s retroactive airdrop and launch. In this episode:

• A brief history of Pyth
• What was the problem with legacy oracles before Pyth
• How is Pyth is technically differentiated from other oracles
• The importance of introducing confidence intervals into prices
• How does Pyth achieves cross chain data delivery
• Disintermediation in the oracle market
• Major proof points that convinced Mike that Pyth could work
• Pyth’s traction on various chains
• Which blockchains Pyth does particularly well on
• Mike addresses the ‘collusion FUD’?
• Why Pyth oracles are not like LIBOR
• How the Pyth retrospective airdrop works
• What’s happening with Pyth governance on a go forward basis?

Further reading: 

• Pyth, How the Retrospective Airdrop works
• On The Brink ep. 364, Solving The Oracle Problem