Chainlink plans to deprecate the FARM/ETH price feed on Mainnet Ethereum.
15 Mar 2023, 23:51
Chainlink plans to deprecate the FARM/ETH price feed on Mainnet Ethereum. We've looked for an alternative oracle to read FARM market value securely but could not find one. As a result, we recommend the DAO sunset the FARM silo.
We ask you to:
- Withdraw your funds from the silo
Silos cannot be deprecated once deployed, however, the SiloDAO can deactivate oracles, rendering silos unusable - users would only be able to deposit/withdraw, but not borrow.
To disable oracles for FARM, and DYDX that was removed earlier this year, the team will run a Tally governance proposal at a later date. Meanwhile, the UI will display a warning signal before the market is fully removed from the UI.