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Arbitrum · closed proposal

Pyth LTIPP Council Recommended Proposal

0xF92F…37B4·ended 2y ago·Discussion ↗
Voters
5,198
ARB voted
145.68M
≈$11.41M
Token price
$0.08

AI summary

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Voting results

For145.24M (99.7%)
Against100.86K (0.1%)
Abstain338.81K (0.2%)
145.68M ARB · ≈$11.41M · 5198 votersblock 198948213

🐳 Whale votes

0 votes > 5% VP
No whale votes on this proposal.

Full proposal

Original markdown · Arbitrum

Link to Application

https://forum.arbitrum.foundation/t/pyth-network-ltipp-application-draft/22003

Council - 3/3 Yes Votes

Feedback

GFX Feedback) Improving oracle diversity on a chain increases the resilience of the ecosystem, not only because protocols have more choices of oracle provider, but also because protocols can use combinations of oracle providers for different risk profiles, asset types, and as failsafes in the event of a primary oracle failure. This grant plan’s main weakness is the large spend. The cost per additional oracle is considerably higher than other oracl…

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