Proposals for Oracle Based Pairs

Can the OpenSwap community change an Oracle?

Anyone may nominate an oracle to:

  • assign an oracle for a new Oracle Based Pair

  • change the oracle for an existing Oracle Based Pair

Each Oracle Based Pair is assigned an Oracle Adapter smart contract to interact with the price oracle. To nominate an oracle, one must create an Oracle Adapter smart contract and deploy it to the ETH mainnet for review. An executive proposal is created to connect the Oracle Pair with the Oracle Adapter contract address. However, in order for swaps to be allowed against the new Oracle Pair, the Oracle Adapter deployed on the mainnet must obtain a Security Oracle Score by applying for an audit and a QuickScan.

Wish to learn more about OpenSwap's governance?

To interact with the OpenSwap governance portal, please explore the following link: https://www.openswap.xyz/#/governance

We encourage community members to partake in community discussions to help better shape OpenSwap's governance structure. Users may get in touch with core team members through joining the OpenSwap telegram group: https://t.me/openswapdex