Switching oracle fees ($13m opportunity per year) and reinvesting in growth

[bats4]

@architehc

Thank you for this compelling proposal, @arguer. I’d love more details on the data analysis sources used to estimate daily updates and projected costs.

same as @architehc , i would also love to see a write up on the details of the analysis

Also,

@dancube

We hope this proposal can evolve to accommodate the needs of platforms like ours, and we’re eager to engage in a dialogue to find a mutually beneficial path forward.

@masterzorgon

marginfi is committed to the ecosystem, and we’re open to collaborating on solutions that ensure both Pyth and its users succeed.

reading concerns from a platform using Pyth i kinda remembered another proposal by @arguer

Implement a rank-based fee discount system for data consumers staking Pyth tokens ($PYTH)

@KemarTiti, thanks for taking the time to read and respond to my idea, and making me think more about the technical feasibility. If we’re still interested in exploring this further, I have an idea that could make implementation easier, while still achieving the overarching intent of my proposal. Instead of providing real-time fee discounts for each price update (which, as you mentioned, requires repeated cross-chain matching and additional processes to pull staking rank data and apply discount…

i think it could be an idea to explore as well in line with the increase of fees