# UMIP 52 - Add Optimistic Oracle

**URL:** <https://discourse.uma.xyz/t/umip-52-add-optimistic-oracle/1463>\
**Category:** technical UMIPs\
**Created:** [March 2, 2022, 1:22pm UTC](https://discourse.uma.xyz/t/umip-52-add-optimistic-oracle/1463 "2022-03-02T13:22:13Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Mhairi](https://yyz2.discourse-cdn.com/flex032/user_avatar/discourse.uma.xyz/mhairi/32/48_2.png) [@Mhairi](https://discourse.uma.xyz/u/Mhairi)\
**Post date:** [March 2, 2022, 1:22pm UTC](https://discourse.uma.xyz/t/umip-52-add-optimistic-oracle/1463/1 "2022-03-02T13:22:13Z")

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This UMIP will have the effect of introducing a new optimistic oracle contract that will allow optimistic settlement of prices and funding rates without a vote from the DVM. This will reduce the number of votes required from the DVM and is a pre-requisite for use of the new Perpetual (UMIP-53) and EMP (UMIP-54) contracts.

> <https://github.com/UMAprotocol/UMIPs/blob/master/UMIPs/umip-52.md>