This is the standard 308 Oracle model with the 16" barrel, runs about 8 pounds unloaded; is this the rifle we're talking about?

$300 seems like a lot of money to put into a bipod on a carbine size rifle... particularly since you'd need to come up with a way to mount it first. A Magpul MOE forend and short rail section would run another $40 or so but should do the job. You can NOT just buy a standard AR15 free float tube that requires a custom barrel nut as the Armalite and DPMS uppers use a custom barrel nut size/thread.
The cost of the bipod alone would buy you a decent Vortex, Nikon or Redfield optic with a Nikon or Burris mount... or 500 rounds of Lake City Ammo... or a trigger + Magpul ACS-L stock, MOE midlength forend + MOE grip + STD muzzle device and a few boxes of ammo...
I like the sling idea, but I don't see a front sling mount due to the railed gas block vs standard FSB with the front loop.