Odaily Planet Daily News On Monday, the DeFi Education Fund (DEF) reached a settlement agreement with True Return Systems (TRS) to purchase a patent for oracle-like technology. The controversial patent is at the heart of two legal actions against MakerDAO and Compound. DEF said that TRS had sued MakerDAO and Compound in 2022 for using oracle-like technology, claiming ownership of a "method and system for separating the storage and processing of computer ledgers to improve functionality." But advocacy organizations and lawyers for the two protocols have disputed these allegations, arguing that the patent lawsuit was a bit too much. "Oracle technology is very important to the DeFi field, so... we see a potential problem that may lead to infringement of the rights of developers or users," DEF Chief Legal Counsel Amanda Tuminelli said on Monday. DEF declined to disclose the settlement amount, citing the "confidential" nature of the negotiations. Court documents show that TRS's lawsuit sought to prohibit the protocols from "making, using or selling" products based on oracle-like technology, but this never became a reality. TRS filed on Monday to terminate the lawsuit against the protocols. The decision came shortly after the company agreed to sell its patents to DEF. Tuminelli said the patent purchase not only ensures that MakerDAO and Compound can continue to use similar oracle technology to support their on-chain price feeds, but also ensures that other protocols can use the technology for many other applications. (Decrypt)