# MIP10c12: Subproposal to Update Oracle Access Fee ## Preamble ``` MIP10c12-SP#: Author(s): Contributors: Tags: template Type: Process Component Tags: oracles Status: Date Proposed: Date Ratified: ``` ## Specification ### Introduction - What is the problem with our current Oracle Access Fee? - Why do we need a new Oracle Access Fee? ### Oracle Access Fee Model Strategy - How does the proposed model work? - Is it based on a strategy to grow the customer base? - Is it based on a strategy to reign in costs to a more sustainable business model? - Is it based on a loss-leader strategy to strengthen the brand of the Maker Protocol? - How are prices applied across different Oracles and different customers? - Is it a flat-fee applied uniformly across every Oracle and customer? - Is it applied to how much value a customer derives from the Oracle? - Is it dependent on how many Oracles a customer is whitelisted on? - Is it dependent on how many customers use a particular Oracle? - Is it dependent on how long a customer has used our Oracles? - Is it dependent on the type of data the Oracle is broadcasting? - Is it dependent on the Oracle Spread / Oracle Expiration Time of the Oracle? - Does the price differ if the customer is also a Light Feed? - Does the price differ between the Medianizer and Oracle Security Module? What if a customer wants both? - Are fees waived for certain classes of customers? Why? - Are prices dependent on what our competitors charge? - How many customers are expected to be lost or gained due to this change in pricing? ### Supporting Data - Empirical data supporting your Model Strategy ### Material Changes Template - Use state of [MIP10c11-List-of-Oracle-Whitelists](MIP10c11-Subproposal-Template.md) to get all customers per Oracle. - Only customers whose Fees are being updated need be included in the template. **Oracle Name:** **Oracle Classification:** | < yyyy-mm-dd > | < # > | < address > | < data > | < data > | ### Changelog - List of updates