Proposal Details
Proposal #286
Proposal title
Upload Ojo Oracle Contract Wasm Code
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Proposal #286 description
Upload Ojo Oracle Contract Wasm Code
Background
The Ojo Network is a Cosmos SDK based appchain which specializes in aggregating data from decentralized sources on the blockchain in a permissionless manner and relaying that information to other blockchains via cross-chain smart contracts and the Inter-Blockchain Communication Protocol (IBC).
Summary
This proposal intends to upload the Ojo Oracle Contract for use by Levana on Injective.
The Levana team has agreed to use the Ojo Oracle in order to determine the price of assets for their deployment on Injective.
About Ojo
Ojo uses a push-model price oracle contract which broadcasts regular price updates. Ojo is able to support a unique class of assets that are native to DEXes like Osmosis, Crescent, and Kujira\u2019s FIN. As a result, Ojo is the only oracle which provides pricing info on all of Stride\u2019s LSTs and other native tokens to the Cosmos. This also includes our Smart Oracle offering, which provides contextual market data about low-volume assets so that they can engage in DeFi safely.
Ojo has already been deployed to these Cosmos L1s: Osmosis, Juno, Comdex, Umee, Secret Network, Stargaze, and Archway.
About Levana
Levana Perps is a protocol for perpetual swaps, which are leveraged trading contracts. It aims to manage risk and provide benefits to both traders and liquidity providers. Levana\u2019s perpetual swaps protocol offers a reliable and secure platform for traders and liquidity providers. It ensures fair settlement, minimizes risks, and allows for the development of additional financial protocols on top of tokenized positions.
Contract Information
- Release Version: sdk47-v1.7.0
- Code Url : https://github.com/ojo-network/contracts/releases/tag/sdk47-v1.7.0
- Compiler Version : cosmwasm/workspace-optimizer:0.12.7
- Checksum : 560673bbd71f1bf10326048292313e9c9c0e29cc4f45b2377a4faee1f72c5107
TL;DR
- Ojo is a Cosmos SDK based appchain which employs a push-model price oracle contract that broadcasts price updates.
- This proposal is to upload the Ojo Oracle Contract for Levana's use on Injective.
By voting YES on this proposal, you agree to uploading Ojo's Oracle Wasm Contract as described in this proposal.
By voting NO on the proposal, you do not support uploading Ojo's Oracle Wasm Contract as described in this proposal.
By voting NO WITH VETO, you find this proposal to be spam/irrelevant/malicious to governance, and contribute to burning 500 INJ deposit if NoWithVeto votes are greater than \u2153 of the total voting power.
By voting ABSTAIN, you wish to contribute to quorum while formally declining to vote either for or against the proposal.