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# System prepended metadata

title: Oracle on Juno

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# Oracle on Juno


**TL;DR**

This is a signalling proposal to gauge support for the addition of an on-chain price oracle to Juno.

There was previously a discussion on Commonwealth that can be seen [here](https://commonwealth.im/juno/discussion/7325-oracle)

### Pros

- A price oracle supports De-Fi use cases currently difficult (or not possible) on Juno
- Currently, projects on Juno wanting to access price feeds are having to pay large fees to access these feeds
- Implementing the Oracle on Juno directly would give Juno (and the community) control over this public good
- Even if better solutions come along, this is a pragmatic stop-gap solution for the present

### Cons

- Validators will have to run additional software. Failure to do so will result in slashing, so this brings with it a non-zero risk of soft-slashing for Juno stakers
- Several blockchains have already added price oracles
- Fees have to be paid from a common pool, and ultimately there is a cost to the community for those tokens

## Voting

- Vote YES if you'd like Juno to implement the Umee/Kujira oracle solution or a close derivative thereof, including slashing when validators don't maintain their price feed.
- Vote NO if you don't want to see this oracle on Juno.
- Vote ABSTAIN to express no opinion on the matter. 
- Vote NOWITHVETO to cause this proposal to fail if 1/3 of voters also choose veto.  In the event of a veto, depositors' deposits will be burned. 