# MIP10c14-SP3: Process to Appoint Light Feed (Etherscan)

## Preamble

```
MIP10c14-SP#: 3
Author(s): Elvis Hee
Contributors: Nik Kunkel
Tags: oracles
Status: Accepted
Date Proposed: 2020-06-11
Date Ratified: 2020-07-04
```

## Sentence Summary
MIP10c14-SP3 appoints Etherscan as a Light Feed for the Maker Oracles.

## Disclaimer
MIP10 is meant to handle all of the Oracle related actions. Unfortunately MIP10 has inconsistencies and doesn’t conform to the monthly governance cadence that the Maker Improvement Proposal framework is built around. This has generated a backlog of Oracle proposals. While MIP10 is refactored to conform to the regular MIP process, Oracle proposals such as this one will utilize the more liberal weekly governance cycle. While strictly speaking this makes them not subproposals, they are included in the subproposal archive as a point of provenance to serve as a paper trail.

## Specification

### Organization

* Name - Etherscan
* Website - https://etherscan.io/
* Github - https://github.com/etherscan/
* Number of Employees - 15
* Email - info@etherscan.io
* Incorporated - 2016
* Domiciled - Malaysia
* When was the organization founded? - 2015
* Who are the major investors in your organization? - BoostVC, Coinbase, DCG
* How much funding has the organization raised either privately or through a token sale? - Etherscan is privately funded
* Please provide public references for the above where possible. - https://etherscan.io/aboutus

### Introduction
* Motivation for running a Light Feed

To provide independent transparency and decentralization for the ecosystem.

### Community
* What has your organization contributed to the crypto community?

Etherscan has been a block explorer in the Ethereum ecosystem for the past 4 years.
We have worked closely with countless projects in providing support to display on-chain and off-chain data.

* Successful products, services, tools, libraries, thought-leadership

The leading Ethereum Block explorer, analytics and api service provider for the eco-system.

* How will the Maker Community benefit from your inclusion as a Light Feed?

As a Light Feed we believe our ethos of neutrality and impartiality will help in providing a reliable source of pricing data.

### Changelog
    - reformatted preamble
    - added disclaimer