UNI should become an oracle token

Technically you only need price feeds in two occasions:

  1. CDP liquidation
  2. Once every interest rate adjustment period

You don’t need a quorum of UNI holders voting once every time one of the above things happens, you can use an escalation mechanism: whoever first takes an action that requires providing a price provides a price along with a deposit, then anyone else can challenge them with a 2x deposit, and then the deposits escalate until only past some threshold you do a global vote. This is how the Augur oracle works, and IMO it works quite well!

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