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docs/concepts/xrpl-sidechains/price-oracles.md

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+# Price Oracles
+
+_(Requires the [PriceOracle amendment][] {% not-enabled /%})_
+
+Blockchains can't inherintly interact with and "know" what's happening off the network, but many of its use cases in decentralized finance require this information.
+
+Price oracles solve this problem. An oracle is a service or technology that gathers real-world information, such as market prices, exchange rates, or interest rates, and relays it to the blockchain. Like blockchains, most oracles are also decentralized and validate data through multiple nodes.
+
+{% admonition type="info" name="Note" %}
+
+Oracles aren't limited to only providing financial information. It can provide any type of info, such as what sports team won a game, or even the weather. The oracle implementation on the XRP Ledger, however, only gathers the price of assets.
+
+{% /admonition %}
+
+
+## How Oracles Works
+
+Most oracle blockchain interactions work like this:
+
+1. An oracle validates data on its network.
+2. The data is sent to the blockchain.
+3. The blockchain uses that information to execute a smart contract, such as releasing funds from an escrow.
+
+This process can also work in reverse, pushing transaction information to external systems.
+
+
+## Price Oracles on the XRP Ledger
+
+XRPL price oracles are a native, on-chain oracle, enhancing the native DeFi functionality of the XRP Ledger. Off-chain price oracles send their data to XRPL oracles, which store that information on-chain. Decentralized apps can then query the XRPL oracles for price data; multiple XRPL oracles can be queried to minimize risk and inaccuracies.
+
+By standardizing price feeds in this manner, all XRPL apps can access a dependable, shared data source.
+
+{% raw-partial file="/docs/_snippets/common-links.md" /%}