Prices operational update. Unify disabled fallback oracles
title: Prices operational update. Unify disabled fallback oracles author: BGD Labs (@bgdlabs) discussions: https://governance.aave.com/t/bgd-operational-oracles-update/13213/13
Simple Summary
Unify the approach of Aave v1 and Aave v2 fallback oracles with Aave v3: fully disabling it by pointing to address(0), until (if) the community decides to explicitly re-activating them.
Motivation
The fallback oracle is a legacy mechanism, currently deprecated, as reliance on the main oracle (Chainlink) is expected, so there is not really much value on fallback.
Even if currently the community is exploring re-activating the fallback in Aave v3 Optimism, before that, the fallback should be configured on all Aave instances to the null address (address(0)), to be technically fully consistent.
More specifically, this will affect Aave v1 and all the Aave v2 instances on which there is any inactive fallback connected.
Specification
- call
ORACLE.setFallbackOracle(address(0))to replace the fallback oracle with the null address on Aave v1, Aave v2 and Aave v2 AMM
References
- Implementation: Ethereum
- Tests: Ethereum
- Discussion
Copyright
Copyright and related rights waived via CC0.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x329c...543eD4 | 117,191 | YAE |
 FranklinDAO (Prev. Penn Blockchain) | 88,085 | YAE |
 0x13BD...138548 | 61,304 | YAE |
 0x2331...607e73 | 60,000 | YAE |
 TokenLogic | 43,669 | YAE |
VOTE POWER
Proposal Status
- Tue October 24 2023, 10:33 amVoting Period Starts
- Fri October 27 2023, 03:05 amEnd Voting Period
- Fri October 27 2023, 03:05 amQueue Proposal
- Sat October 28 2023, 03:06 amExecute Proposal
Current Results
1-YAE
559,438
2-NAY
N/A Tokens