Compound price up 25% on a launch of its own price oracle

Compound (COMP) price surged around 25% this week after the platform rolled out its own price oracle. COMP price has now erased all losses from a prior week, creating a base to push higher.  Fundamental analysis: A new product rolled out Compound, the Ethereum-powered money market protocol, has rolled out its own price oracle in a bid to move to the Open Price Feed, its permissionless token prices feed. A price oracle refers to a third-party, decentralized feed that contains the required data to conduct smart contracts.  Price oracles are used by a number of open finance platforms to provide