Executed

Deploy oracle for VELO collateral


Proposal ID

116219...9189

Proposed

Jun 17th, 2024

Result details
Final Votes

Quorum

83.64K of 8.62K

Majority support

Yes

For

83.64K

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0xBf81...23B8

deployChainlinkRelayer(..)

Custom

Account

0xBf81...23B8

Method

deployChainlinkRelayer(..)

Custom

0x41A6...b3bB

deployDelayedOracle(..)

Custom

Account

0x41A6...b3bB

Method

deployDelayedOracle(..)

Proposal

Overview

The DAO has decided to use VELO as a test asset in the Beefy Vault proof of concept and also add it as a collateral. There has been discussion both in the discord and on the forum about it.

Forum Discussion

Details

The first step in deploying the new collateral is to deploy an oracle for VELO to get the VELO / USD price.

This proposal will deploy an oracle for VELO. Once we monitor and confirm that the oracles is working with no issues we can submit a followup proposal that deploys the other contracts required for adding VELO (e.g. CollateralJoin, CollateralAuctionHouse, etc.)

Chainlink VELO Price Feed

This proposal will have 2 actions.

  1. Deploy a ChainlinkRelayer for the VELO feed
  2. Deploy a DelayedOracle that consumed the ChainlinkRelayer from step 1

Contracts referenced in this proposal

  1. Chainlink Relayer Factory - 0xBf81945a08bE132e0a2EAc42662Fcd7661BA23B8
  2. Delayed Oracle Factory - 0x41A600E03eaa8D208B9230a219e0c4594897b3bB
Final Votes

Quorum

83.64K of 8.62K

Majority support

Yes

For

83.64K

Against

0

Abstain

0

Final Votes
Status

Sun Jun 16, 07:57 pm

Draft created

Mon Jun 17, 01:35 am

Published onchain

Mon Jun 17, 01:35 pm

Voting period started

Wed Jun 19, 01:35 am

Voting period ended

Wed Jun 19, 03:14 pm

Proposal queued

Thu Jun 20, 07:13 pm

Proposal executed