Proposal Details
Proposal #208
Proposal title
Store Ojo Oracle Contract Wasm Code
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Proposal #208 description
Store Ojo Oracle Contract Wasm Code
This proposal intends to upload the Ojo Oracle Contract for use by Stargaze. The Stargaze team has agreed to begin using Ojo's STARS price feed as a way for users to set NFT prices in USD instead of in STARS. From the users' perspective, this is mainly a UX improvement. Ojo has already been deployed to Juno, Secret Network, Comdex, Archway, and Umee.
Ojo uses a push-model price oracle contract which broadcasts regular price updates. We plan on being the premiere oracle of the Cosmos; 60+ assets will be added to these feeds over the course of time, many of which are cosmos-native assets such as liquid staking tokens, stablecoins, and LP tokens. This also includes our Smart Oracle offering, which provides contextual data about these price feeds for DeFi to make safer decisions on how to mitigate risk.
Yes
Vote YES on this proposal to support an Ojo Oracle Contract being deployed to Stargaze.
No
Vote NO on this proposal to oppose an Ojo Oracle Contract being deployed to Stargaze.