# Executive proposal to replace rDPX oracle

**URL:** <https://gov.silo.finance/t/executive-proposal-to-replace-rdpx-oracle/377>\
**Category:** Arbitrum Executive Proposals\
**Created:** [April 25, 2023, 4:51pm UTC](https://gov.silo.finance/t/executive-proposal-to-replace-rdpx-oracle/377 "2023-04-25T16:51:23Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![ayham.eth](https://yyz2.discourse-cdn.com/flex032/user_avatar/gov.silo.finance/ayham.eth/32/8_2.png) [@ayham.eth](https://gov.silo.finance/u/ayham.eth)\
**Post date:** [April 25, 2023, 4:51pm UTC](https://gov.silo.finance/t/executive-proposal-to-replace-rdpx-oracle/377/1 "2023-04-25T16:51:23Z")

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**Proposal**  
DIA has [deployed a new oracle for rDPX](https://forum.diadata.org/t/cdr-042-silo-finance-price-feeds/634/8). The new oracle reads rDPX price from 3 sources and is considered more resilient than rDPX’s current Uniswap V3 oracle.

We propose the following:

- Replace rDPX current oracle (Uniswap V3) with a [DIA price feed](https://arbiscan.io/address/0xe871e9bd0ccc595a626f5e1657c216ce457cea43).
- Use [rDPX/ETH 1% Uniswap V3 pool](https://info.uniswap.org/#/arbitrum/pools/0x310a09b51501d893988401fba75c47dc59f1b42a) as fallback.

Update:  
[View executive transaction](https://app.safe.global/transactions/tx?id=multisig_0x865A1DA42d512d8854c7b0599c962F67F5A5A9d9_0x37c017bcdb0ceaa4f5799aa5f46a2ac31df2292ad9a39fc18a27f83d27cbebfb&safe=arb1:0x865A1DA42d512d8854c7b0599c962F67F5A5A9d9).

**Next steps**  
We will update this governance proposal with an executive transaction to affect the change.

**Reminder of our Governance process on Arbitrum**

- Create a proposal in #proposal-discussion. Wait 24H before moving forward.
- Run a snapshot vote to gauge consensus and move proposal to execution.
- If a proposal passes, the Core Team publishes an executive proposal in #arbitrum-executive-proposals containing a link - or attachment - to an executable transaction in addition to a description of that the transaction executes.
- The executive proposal stays unexecuted for at least 24H before it is signed into affect. This is 1 day shorter from that on Mainnet. We can also use 2 days if the community prefers that.

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**Author:** ![ayham.eth](https://yyz2.discourse-cdn.com/flex032/user_avatar/gov.silo.finance/ayham.eth/32/8_2.png) [@ayham.eth](https://gov.silo.finance/u/ayham.eth)\
**Post date:** [May 7, 2023, 8:42pm UTC](https://gov.silo.finance/t/executive-proposal-to-replace-rdpx-oracle/377/2 "2023-05-07T20:42:02Z")

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