Proposals of #85

Increase oracle parameter Maximum Median Stamps from 24 to 32

Exec Legacy Content
passed
Expected result
Turnout / Quorum
95.90% / 40.00%
Voting start 2023.06.13 at 23:06:43
Voting end 2023.06.18 at 23:06:43
99.96%
3 129 086 628 umee
Yes
0.00%
99 674 umee
No
0.01%
327 916 umee
Veto
0.03%
977 326 umee
Abstain

Details

Proposer
-
Total deposit
100 000 umee
Submit time
2023.06.13 at 23:06:43
Deposit end time
2023.06.27 at 23:06:43

Description

Increase oracle parameter Maximum Median Stamps from 24 to 32

Commonwealth post: https://gov.umee.cc/discussion/11669-increase-oracle-parameter-maximum-median-stamps-from-24-to-32 The leverage module requires 24 medians for some assets which is currently the maximum median stamps stored by the oracle module. In the case of price outages during the median stamp (like during the osmosis epoch), a median not being stamped would result in assets that require 24 medians from the leverage module to be down for 23 median stamps (about 12 hours) to have 24 medians available again. Allowing more medians to be stored than the minimum required for the leverage module would prevent temporary price outages from bringing down an asset for long periods of time in the future. Currently canon 2 has been running with 32 as the maximum median stamp parameter and this issue has not occurred.

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