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Kwenta Kwenta by0x0c4EA5F0219fbC4Decf9536463524953Cd75F0cB0x0c4E…F0cB

KIP-79: Smart Margin Account Upgrade v2.0.2

Voting ended almost 3 years agoSucceeded

Summary

Upgrade Smart Margin (SM) account conditional order-related logic based on price feeds provided by Pyth's Oracle Network.

Motivation

This proposal suggests enhancing the performance of Smart Margin (SM) accounts by integrating Pyth's Oracle Network to obtain more accurate price feeds. The existing latency issues associated with the current price feeds used by SM accounts negatively impact user experience (UX). Therefore, replacing the current mechanism utilized by SM accounts will directly enhance the trading experience on Kwenta.

Specification

For more information, visit: https://github.com/Kwenta/kwenta-state-log/blob/master/kips/drafts/kip-79.md

Off-Chain Vote

Pass
5 EC-NFT100%
Reject
0 EC-NFT0%
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Timeline

May 25, 2023Proposal created
May 25, 2023Proposal vote started
May 31, 2023Proposal vote ended
Oct 26, 2023Proposal updated