UNI should become an oracle token

[Micah]

@vbuterin

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!

An escalating oracle can take a very long time to resolve. For things like CDP liquidations and interest rate adjustments which need to be done quickly, this cane be problematic.

Also, it can be very dangerous if the assets under management of the oracle (how much can be stolen by the oracle lying) exceeds the market cap of the oracle token (UNI in this case) by 2x since it becomes profitable to rob the system via governance attack.