Update $ARB Oracle to Chainlink

Proposal

This proposal is relatively straightforward, the Chainlink team has pushed out the price feed for $ARB so we are recommending this change for our market. Chainlink continues to be the premier oracle provider for the protocol, being a requirement for things like XAI credit lines, it also communicates a great deal of trust to outside users and integrators.

Solution

Update Oracle for $ARB silo from UniswapV3 TWAP to the new Chainlink price feed.

New Oracle: EACAggregatorProxy | Address 0xb2A824043730FE05F3DA2efaFa1CBbe83fa548D6 | Arbiscan

Vote

  • Yes, Let’s use Chainlink
  • No, Let’s keep UniV3

Snapshot: Snapshot