executedEnded 2 years ago · Onchain
Upgrade Compound v2 Oracle To Disable UAV
By 0x0579...b0CA09Continue Reading
Details
Set new price oracle to 0x8cf42b08ad13761345531b839487aa4d113955d9
Info
Arana is proposing on behalf of Chainlink Labs to upgrade Compound v2’s oracle to a new contract that directly consumes data from Chainlink Price Feeds, similar to Compound III.
Updates include:
- The Uniswap Anchored View is replaced by a Chainlink-based PriceOracle, improving reliability and precision by retrieving prices directly from Chainlink Price Feeds.
- Updates stablecoin valuation to use Chainlink Feeds instead of hardcoded values.
- Write methods to update configs on the PriceOracle contracts to allow the Compound community to update or add new feeds without a contract redeployment.
- Use fixed prices to account for the pricing of deprecated assets SAI, FEI, and REP.
The community can review the PriceOracle Contract here, with OpenZeppelin’s audit here and successful fork test results here.
Connect Wallet to Add Note
0Votes 24
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x2210...cCd02E | 85,633 | FOR |
 Wintermute Governance | 80,003 | FOR |
 0x66cD...B765F9 | 80,000 | FOR |
 0x3FB1...2d4C8A | 80,000 | FOR |
 0x13BD...138548 | 80,000 | FOR |
VOTE POWER
0
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Proposal Status
- Thu September 12 2024, 11:52 amVoting Period Starts
- Sun September 15 2024, 05:55 amEnd Voting Period
- Sun September 15 2024, 05:56 amQueue Proposal
- Tue September 17 2024, 05:58 amExecute Proposal
Current Results
1-FOR
741,776.06
2-AGAINST
N/A Tokens
3-ABSTAIN
N/A Tokens
Quorum 741,776.06/400,000