Synthetix core contributors publish ERC-7412 related proposals, aiming to allow oracle contracts to be called to integrate off-chain data

Synthetix core contributor Noah Litvin has released a proposal for implementing ERC-7412 batch processing, which aims to allow smart contract engineers to integrate off-chain data by simply calling functions on the oracle contract. This standard preserves the composability between smart contracts and adjusts the economic incentives between data consumers and the oracle network, while relying on transaction batch processing (i.e. atomic multi-operation, multi-call) to automatically pre-verify data from decentralized oracle networks when necessary to execute transactions.