Angle Protocolby
angleprotocol.lens
AIP - 67: Change oracle implementation for bIB01
Hey everyone,
This is a proposal to change the oracle for the bIB01.
Context
The bIB01 was recently deployed as a collateral for agEUR on mainnet. The oracle implementation used was a custom implementation maintained by Backed.
Chainlink recently deployed an IB01-USD feed (at the address: 0x32d1463EB53b73C095625719Afa544D5426354cB).
Proposal
Given that Chainlink is the trusted solution used everywhere in Angle contracts to secure price feed, proposal here is to switch the IB01 oracle implementation from Backed version to Chainlink version.
Implementation
This requires deploying a new oracle contract (with as a reference the new IB01 price feed).
Value to the protocol
Intent is to make the oracles used by the protocol safer, and not rely on another third party (here Backed dev team) when it comes to the oracles.
Voting Options
- For, change oracle
- Against, do nothing
Off-Chain Vote
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- Author
angleprotocol.lens
- IPFS#bafkreib
- Voting Systemweighted
- Start DateJun 08, 2023
- End DateJun 13, 2023
- Total Votes Cast63.72M veANGLE
- Total Voters106
Timeline
- Jun 08, 2023Proposal created
- Jun 08, 2023Proposal vote started
- Jun 13, 2023Proposal vote ended
- Feb 18, 2025Proposal updated