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Fei · closed proposal
FIP-8 Use Chainlink Oracle
0x40B1…f8C2·ended 5y ago
Voters
125
FEI voted
25.26M
Token price
—
AI summary
Summary pending — generation runs every 15 minutes.
Voting results
Yes, use Chainlink25.26M (100.0%)
No, don't use Chainlink4.54K (0.0%)
25.26M FEI · 125 votersblock 12615079
🐳 Whale votes
0 votes > 5% VPNo whale votes on this proposal.
Full proposal
Original markdown · Fei
Forum Discussion
https://tribe.fei.money/t/chainlink-oracle-integration-discussion/3316
Basic Summary
Switch the primary ETH-USD oracle to Chainlink from the ETH-USDC TWAP currently used. This would enhance accuracy, reduce manipulation resistance and reduce reliance on USDC.
Motivation
Chainlink has a robust oracle network, which leverages data from both on- and off-chain sources. Many other Ethereum projects use and collectively support the Chainlink ETH/USD oracle, including Synthetix, Aave, Set Protocol, Loopring, and many more.
Because it uses a 50bps deviation threshold as trig…
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