diff --git a/Cargo.lock b/Cargo.lock
index db180ad..06ff801 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1274,7 +1274,7 @@ dependencies = [
  "ed25519",
  "rand 0.7.3",
  "serde",
- "sha2 0.9.5",
+ "sha2 0.9.8",
  "zeroize",
 ]
 
@@ -1872,8 +1872,10 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "8fc3cb4d91f53b50155bdcfd23f6a4c39ae1969c2ae85982b135750cccaf5fce"
 dependencies = [
  "cfg-if 1.0.0",
+ "js-sys",
  "libc",
  "wasi 0.9.0+wasi-snapshot-preview1",
+ "wasm-bindgen",
 ]
 
 [[package]]
@@ -2148,7 +2150,7 @@ dependencies = [
 [[package]]
 name = "ias-verify"
 version = "0.1.4"
-source = "git+https://github.com/integritee-network/pallets.git?branch=master#eb4a5c8347c90814c2e175ab50755b213d636b1f"
+source = "git+https://github.com/integritee-network/pallets.git?branch=master#eb54aedc5c1d0cf452975b66501ccc91671f7e0f"
 dependencies = [
  "base64 0.11.0",
  "chrono",
@@ -2339,6 +2341,7 @@ dependencies = [
  "pallet-randomness-collective-flip",
  "pallet-scheduler",
  "pallet-sudo",
+ "pallet-teeracle",
  "pallet-teerex",
  "pallet-timestamp",
  "pallet-transaction-payment",
@@ -2647,9 +2650,9 @@ checksum = "830d08ce1d1d941e6b30645f1a0eb5643013d835ce3779a5fc208261dbe10f55"
 
 [[package]]
 name = "libc"
-version = "0.2.101"
+version = "0.2.106"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "3cb00336871be5ed2c8ed44b60ae9959dc5b9f08539422ed43f09e34ecaeba21"
+checksum = "a60553f9a9e039a333b4e9b20573b9e9b9c0bb3a11e201ccc48ef4283456d673"
 
 [[package]]
 name = "libloading"
@@ -2742,7 +2745,7 @@ dependencies = [
  "rand 0.7.3",
  "ring 0.16.20",
  "rw-stream-sink",
- "sha2 0.9.5",
+ "sha2 0.9.8",
  "smallvec",
  "thiserror",
  "unsigned-varint 0.7.0",
@@ -2813,7 +2816,7 @@ dependencies = [
  "prost-build",
  "rand 0.7.3",
  "regex",
- "sha2 0.9.5",
+ "sha2 0.9.8",
  "smallvec",
  "unsigned-varint 0.7.0",
  "wasm-timer",
@@ -2853,7 +2856,7 @@ dependencies = [
  "prost",
  "prost-build",
  "rand 0.7.3",
- "sha2 0.9.5",
+ "sha2 0.9.8",
  "smallvec",
  "uint",
  "unsigned-varint 0.7.0",
@@ -2915,7 +2918,7 @@ dependencies = [
  "prost",
  "prost-build",
  "rand 0.8.4",
- "sha2 0.9.5",
+ "sha2 0.9.8",
  "snow",
  "static_assertions",
  "x25519-dalek",
@@ -3138,7 +3141,7 @@ dependencies = [
  "libsecp256k1-gen-genmult 0.2.1",
  "rand 0.7.3",
  "serde",
- "sha2 0.9.5",
+ "sha2 0.9.8",
  "typenum",
 ]
 
@@ -3157,7 +3160,7 @@ dependencies = [
  "libsecp256k1-gen-genmult 0.2.1",
  "rand 0.7.3",
  "serde",
- "sha2 0.9.5",
+ "sha2 0.9.8",
  "typenum",
 ]
 
@@ -3176,7 +3179,7 @@ dependencies = [
  "libsecp256k1-gen-genmult 0.3.0",
  "rand 0.8.4",
  "serde",
- "sha2 0.9.5",
+ "sha2 0.9.8",
  "typenum",
 ]
 
@@ -3266,9 +3269,9 @@ dependencies = [
 
 [[package]]
 name = "linregress"
-version = "0.4.3"
+version = "0.4.4"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "1e6e407dadb4ca4b31bc69c27aff00e7ca4534fdcee855159b039a7cebb5f395"
+checksum = "d6c601a85f5ecd1aba625247bca0031585fb1c446461b142878a16f8245ddeb8"
 dependencies = [
  "nalgebra",
  "statrs",
@@ -3580,7 +3583,7 @@ dependencies = [
  "digest 0.9.0",
  "generic-array 0.14.4",
  "multihash-derive",
- "sha2 0.9.5",
+ "sha2 0.9.8",
  "sha3",
  "unsigned-varint 0.5.1",
 ]
@@ -3594,7 +3597,7 @@ dependencies = [
  "digest 0.9.0",
  "generic-array 0.14.4",
  "multihash-derive",
- "sha2 0.9.5",
+ "sha2 0.9.8",
  "unsigned-varint 0.7.0",
 ]
 
@@ -3811,9 +3814,6 @@ name = "once_cell"
 version = "1.8.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "692fcb63b64b1758029e0a96ee63e049ce8c5948587f2f7208df04625e5f6b56"
-dependencies = [
- "parking_lot 0.11.1",
-]
 
 [[package]]
 name = "opaque-debug"
@@ -3888,7 +3888,7 @@ dependencies = [
 [[package]]
 name = "pallet-claims"
 version = "0.9.12"
-source = "git+https://github.com/integritee-network/pallets.git?branch=master#d885e0f5ae53cc4ff688b21e1843d2312e062def"
+source = "git+https://github.com/integritee-network/pallets.git?branch=master#eb54aedc5c1d0cf452975b66501ccc91671f7e0f"
 dependencies = [
  "frame-benchmarking",
  "frame-support",
@@ -4015,10 +4015,32 @@ dependencies = [
  "sp-std",
 ]
 
+[[package]]
+name = "pallet-teeracle"
+version = "0.1.0"
+source = "git+https://github.com/integritee-network/pallets.git?branch=master#eb54aedc5c1d0cf452975b66501ccc91671f7e0f"
+dependencies = [
+ "frame-benchmarking",
+ "frame-support",
+ "frame-system",
+ "hex-literal",
+ "log",
+ "pallet-balances",
+ "pallet-teerex",
+ "pallet-timestamp",
+ "parity-scale-codec",
+ "sp-core",
+ "sp-io",
+ "sp-runtime",
+ "sp-std",
+ "substrate-fixed",
+ "test-utils",
+]
+
 [[package]]
 name = "pallet-teerex"
 version = "0.9.0"
-source = "git+https://github.com/integritee-network/pallets.git?branch=master#eb4a5c8347c90814c2e175ab50755b213d636b1f"
+source = "git+https://github.com/integritee-network/pallets.git?branch=master#eb54aedc5c1d0cf452975b66501ccc91671f7e0f"
 dependencies = [
  "frame-benchmarking",
  "frame-support",
@@ -4034,6 +4056,7 @@ dependencies = [
  "sp-io",
  "sp-runtime",
  "sp-std",
+ "test-utils",
 ]
 
 [[package]]
@@ -4144,9 +4167,9 @@ dependencies = [
 
 [[package]]
 name = "parity-db"
-version = "0.3.1"
+version = "0.3.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "241f9c5d25063080f2c02846221f13e1d0e5e18fa00c32c234aad585b744ee55"
+checksum = "e7ccc4a8687027deb53d45c5434a1f1b330c9d1069a59cfe80a62aa9a1da25ae"
 dependencies = [
  "blake2-rfc",
  "crc32fast",
@@ -5030,9 +5053,9 @@ dependencies = [
 
 [[package]]
 name = "retain_mut"
-version = "0.1.3"
+version = "0.1.4"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "e9c17925a9027d298a4603d286befe3f9dc0e8ed02523141914eb628798d6e5b"
+checksum = "448296241d034b96c11173591deaa1302f2c17b56092106c1f92c1bc0183a8c9"
 
 [[package]]
 name = "ring"
@@ -6206,13 +6229,13 @@ dependencies = [
 
 [[package]]
 name = "sha2"
-version = "0.9.5"
+version = "0.9.8"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "b362ae5752fd2137731f9fa25fd4d9058af34666ca1966fb969119cc35719f12"
+checksum = "b69f9a4c9740d74c5baa3fd2e547f9525fa8088a8a958e0ca2409a514e33f5fa"
 dependencies = [
  "block-buffer 0.9.0",
  "cfg-if 1.0.0",
- "cpufeatures 0.1.5",
+ "cpufeatures 0.2.1",
  "digest 0.9.0",
  "opaque-debug 0.3.0",
 ]
@@ -6321,7 +6344,7 @@ dependencies = [
  "rand_core 0.6.3",
  "ring 0.16.20",
  "rustc_version 0.3.3",
- "sha2 0.9.5",
+ "sha2 0.9.8",
  "subtle 2.4.1",
  "x25519-dalek",
 ]
@@ -6535,7 +6558,7 @@ dependencies = [
  "schnorrkel",
  "secrecy",
  "serde",
- "sha2 0.9.5",
+ "sha2 0.9.8",
  "sp-debug-derive",
  "sp-externalities",
  "sp-runtime-interface",
@@ -7049,6 +7072,15 @@ dependencies = [
  "platforms",
 ]
 
+[[package]]
+name = "substrate-fixed"
+version = "0.5.6"
+source = "git+https://github.com/encointer/substrate-fixed.git#b33d186888c60f38adafcfc0ec3a21aab263aef1"
+dependencies = [
+ "parity-scale-codec",
+ "typenum",
+]
+
 [[package]]
 name = "substrate-frame-rpc-system"
 version = "4.0.0-dev"
@@ -7170,6 +7202,15 @@ dependencies = [
  "winapi-util",
 ]
 
+[[package]]
+name = "test-utils"
+version = "0.1.0"
+source = "git+https://github.com/integritee-network/pallets.git?branch=master#eb54aedc5c1d0cf452975b66501ccc91671f7e0f"
+dependencies = [
+ "hex-literal",
+ "log",
+]
+
 [[package]]
 name = "textwrap"
 version = "0.11.0"
@@ -7230,9 +7271,9 @@ dependencies = [
 
 [[package]]
 name = "tiny-bip39"
-version = "0.8.0"
+version = "0.8.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d9e44c4759bae7f1032e286a7ef990bd9ed23fe831b7eeba0beb97484c2e59b8"
+checksum = "ffc59cb9dfc85bb312c3a78fd6aa8a8582e310b0fa885d5bb877f6dcc601839d"
 dependencies = [
  "anyhow",
  "hmac 0.8.1",
@@ -7240,9 +7281,10 @@ dependencies = [
  "pbkdf2 0.4.0",
  "rand 0.7.3",
  "rustc-hash",
- "sha2 0.9.5",
+ "sha2 0.9.8",
  "thiserror",
  "unicode-normalization",
+ "wasm-bindgen",
  "zeroize",
 ]
 
@@ -7341,9 +7383,9 @@ checksum = "360dfd1d6d30e05fda32ace2c8c70e9c0a9da713275777f5a4dbb8a1893930c6"
 
 [[package]]
 name = "tracing"
-version = "0.1.26"
+version = "0.1.29"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "09adeb8c97449311ccd28a427f96fb563e7fd31aabf994189879d9da2394b89d"
+checksum = "375a639232caf30edfc78e8d89b2d4c375515393e7af7e16f01cd96917fb2105"
 dependencies = [
  "cfg-if 1.0.0",
  "pin-project-lite 0.2.7",
@@ -7353,9 +7395,9 @@ dependencies = [
 
 [[package]]
 name = "tracing-attributes"
-version = "0.1.15"
+version = "0.1.18"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c42e6fa53307c8a17e4ccd4dc81cf5ec38db9209f59b222210375b54ee40d1e2"
+checksum = "f4f480b8f81512e825f337ad51e94c1eb5d3bbdf2b363dcd01e2b19a9ffe3f8e"
 dependencies = [
  "proc-macro2",
  "quote",
@@ -7364,9 +7406,9 @@ dependencies = [
 
 [[package]]
 name = "tracing-core"
-version = "0.1.18"
+version = "0.1.21"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "a9ff14f98b1a4b289c6248a023c1c2fa1491062964e9fed67ab29c4e4da4a052"
+checksum = "1f4ed65637b8390770814083d20756f87bfa2c21bf2f110babdc5438351746e4"
 dependencies = [
  "lazy_static",
 ]
@@ -7404,9 +7446,9 @@ dependencies = [
 
 [[package]]
 name = "tracing-subscriber"
-version = "0.2.19"
+version = "0.2.25"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ab69019741fca4d98be3c62d2b75254528b5432233fd8a4d2739fec20278de48"
+checksum = "0e0d2eaa99c3c2e41547cfa109e910a68ea03823cccad4a0525dcbc9b01e8c71"
 dependencies = [
  "ansi_term 0.12.1",
  "chrono",
@@ -7497,12 +7539,12 @@ checksum = "59547bce71d9c38b83d9c0e92b6066c4253371f15005def0c30d9657f50c7642"
 
 [[package]]
 name = "twox-hash"
-version = "1.6.0"
+version = "1.6.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "04f8ab788026715fa63b31960869617cba39117e520eb415b0139543e325ab59"
+checksum = "1f559b464de2e2bdabcac6a210d12e9b5a5973c251e102c44c585c71d51bd78e"
 dependencies = [
- "cfg-if 0.1.10",
- "rand 0.7.3",
+ "cfg-if 1.0.0",
+ "rand 0.3.23",
  "static_assertions",
 ]
 
@@ -7885,7 +7927,7 @@ dependencies = [
  "libc",
  "log",
  "serde",
- "sha2 0.9.5",
+ "sha2 0.9.8",
  "toml",
  "winapi 0.3.9",
  "zstd",
diff --git a/Cargo.toml b/Cargo.toml
index 98bc4b7..fdcc99c 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -9,3 +9,5 @@ members = [
 
 #[patch."https://github.com/integritee-network/pallets.git"]
 #pallet-claims = { path = '../pallets/claims' }
+#pallet-teerex = { path = '../pallets/teerex' }
+#pallet-teeracle = { path = '../pallets/teeracle' }
diff --git a/runtime/Cargo.toml b/runtime/Cargo.toml
index 5a88dc7..25641d3 100644
--- a/runtime/Cargo.toml
+++ b/runtime/Cargo.toml
@@ -29,6 +29,7 @@ pallet-utility = { version = "4.0.0-dev", default-features = false, git = "https
 # local pallets
 pallet-teerex = { default-features = false, git = "https://github.com/integritee-network/pallets.git", branch = "master" }
 pallet-claims = { default-features = false, git = "https://github.com/integritee-network/pallets.git", branch = "master" }
+pallet-teeracle = { default-features = false, git = "https://github.com/integritee-network/pallets.git", branch = "master" }
 
 sp-api = { version = "4.0.0-dev", default-features = false, git = "https://github.com/paritytech/substrate.git", branch = "master" }
 sp-block-builder = { default-features = false, version = "4.0.0-dev", git = "https://github.com/paritytech/substrate.git", branch = "master" }
@@ -95,6 +96,7 @@ std = [
 	"pallet-claims/std",
 	"pallet-proxy/std",
 	"pallet-utility/std",
+	"pallet-teeracle/std",
 ]
 runtime-benchmarks = [
 	"frame-benchmarking",
@@ -114,5 +116,6 @@ runtime-benchmarks = [
 	"pallet-treasury/runtime-benchmarks",
 	"pallet-vesting/runtime-benchmarks",
 	"pallet-utility/runtime-benchmarks",
+	"pallet-teeracle/runtime-benchmarks",
 ]
-mainnet-launch = []
+mainnet-launch = []
\ No newline at end of file
diff --git a/runtime/src/lib.rs b/runtime/src/lib.rs
index a5bba80..03e3772 100644
--- a/runtime/src/lib.rs
+++ b/runtime/src/lib.rs
@@ -55,6 +55,8 @@ pub use pallet_balances::Call as BalancesCall;
 /// added by Integritee
 pub use pallet_claims;
 /// added by Integritee
+pub use pallet_teeracle;
+/// added by Integritee
 pub use pallet_teerex;
 pub use pallet_timestamp::Call as TimestampCall;
 use pallet_transaction_payment::CurrencyAdapter;
@@ -391,6 +393,11 @@ impl pallet_claims::Config for Runtime {
 	type MoveClaimOrigin = frame_system::EnsureRoot<AccountId>;
 	type WeightInfo = weights::pallet_claims::WeightInfo<Runtime>;
 }
+/// added by Integritee
+impl pallet_teeracle::Config for Runtime {
+	type Event = Event;
+	type WeightInfo = ();
+}
 
 parameter_types! {
 	pub const ProposalBond: Permill = Permill::from_percent(5);
@@ -587,6 +594,7 @@ construct_runtime!(
 		// utility
 		Teerex: pallet_teerex::{Pallet, Call, Config, Storage, Event<T>} = 50,
 		Claims: pallet_claims::{Pallet, Call, Storage, Config<T>, Event<T>, ValidateUnsigned} = 51,
+		Teeracle: pallet_teeracle::{Pallet, Call, Storage, Event<T>} = 52,
 	}
 );
 
@@ -771,6 +779,7 @@ impl_runtime_apis! {
 			list_benchmark!(list, extra, pallet_treasury, Treasury);
 			list_benchmark!(list, extra, pallet_vesting, Vesting);
 			list_benchmark!(list, extra, pallet_utility, Utility);
+			list_benchmark!(list, extra, pallet_teeracle, teeracle);
 
 			let storage_info = AllPalletsWithSystem::storage_info();
 
@@ -814,6 +823,7 @@ impl_runtime_apis! {
 			add_benchmark!(params, batches, pallet_treasury, Treasury);
 			add_benchmark!(params, batches, pallet_vesting, Vesting);
 			add_benchmark!(params, batches, pallet_utility, Utility);
+			add_benchmark!(params, batches, pallet_teeracle, teeracle);
 
 			if batches.is_empty() { return Err("Benchmark not found for this pallet.".into()) }
 			Ok(batches)