Proposals of #306

Waive Fees for Ojo Network Oracle

Exec Legacy Content
rejected
Expected result
Turnout / Quorum
101.65% / 33.40%
Voting start 2023.06.10 at 18:06:28
Voting end 2023.06.15 at 18:06:28
34.23%
14 132 510 juno
Yes
45.77%
18 898 171 juno
No
0.72%
295 230 juno
Veto
19.28%
7 962 366 juno
Abstain

Details

logo
Proposer
-
Total deposit
1 000 juno
Submit time
2023.06.10 at 18:06:28
Deposit end time
2023.06.20 at 18:06:28

Description

Waive Fees for Ojo Network Oracle \n Commonwealth post: https://commonwealth.im/juno/discussion/11612-waive-fees-for-ojo-network-oracle \n Ojo has deployed a push-model price oracle contract to the Juno chain which broadcasts updates about every 15s. We plan on being the premiere price oracle for Juno and the rest of the Cosmos; 60+ assets will be added to these feeds over the course of time, many of which will be cosmos-native assets such as liquid staking tokens, stablecoins, and LP tokens. This also includes our Historacle offering, which provides contextual data about these price feeds for DeFi dApps to make safer decisions on the types of transactions to allow. This has become very expensive due to the recent gas changes on Juno with Proposal 297. \n Ojo is requesting that Juno waives our gas fees for price feed transactions to the following contract, up to 5,000,000 gas per transaction: juno1yqm8q56hjv8sd4r37wdhkkdt3wu45gc5ptrjmd9k0nhvavl0354qwcf249 \n If this proposal passes, Juno leadership has agreed to implement and include this change in the next chain upgrade. \n\n ## Yes \n Vote YES on this proposal to support waiving gas fees for Ojo price feed updates. \n ## No \n Vote NO on this proposal to oppose waiving gas fees for Ojo price feed updates. \n\n References \n Juno Contract to be whitelisted: https://www.mintscan.io/juno/wasm/contract/juno1yqm8q56hjv8sd4r37wdhkkdt3wu45gc5ptrjmd9k0nhvavl0354qwcf249 \n Ojo Deployment Announcement: https://twitter.com/ojo_network/status/1666173196117188609?s=20 \n Original twitter thread with Reece: https://twitter.com/wozchain/status/1666514198480973825?s=20 \n Ojo Network docs: https://docs.ojo.network/integrate \n Ojo GitHub: https://github.com/ojo-network \n Ojo Whitepaper: https://github.com/ojo-network/ojo/blob/main/whitepaper.pdf \n

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