BTC/USDT PERP Oracle Price Feed Update
passed
Expected result
—
Turnout / Quorum
11.43% / 33.40%
35.98%
2 255 820 inj
Yes
0%
0 inj
No
0%
0 inj
Veto
64.02%
4 013 995 inj
Abstain
Details
Proposer
-
Total deposit
500 inj
Submit time
2021.12.04 at 08:12:17
Deposit end time
2021.12.06 at 08:12:17
Description
This proposal changes the BTC/USDT PERP market oracle from the Coinbase BTC pricefeed to the BTC/USDT pricefeed obtained from Band Protocol through IBC. The motivation behind this proposal is to minimize reliance on centralized oracles and improve the robustness of the oracle price feeds through a fully decentralized solution.
Votes
Voter
Answer