CDR #006: Standard Protocol | asset price

Proposals CDRs - Custom Delivery Requests
, ,
1

dApp introduction

Standard Protocol is the first Self-Sovereign Stablecoin protocol that embraces and visions the truly decentralized form of Web3.0.
Empowered by its interoperable DAO ecosystem, Standard Protocol empowers its user with full control over its monetary system through a multichain DEX, a decentralized Oracle, and a non-reserve design for CDP using NFT.

Feed usage

Data type: Price feed
Use case: The feed will be used to calculate the asset price to be used as collateral for $USM

Specifications

Delivery method: Polygon
Update mechanism: Deviation based
Threshold: 0.5%
Methodology: Moving Average

2 Likes
2

Thanks for submitting your Custom Delivery Request!

The DIA DAO will review your requirements shortly and if all information is correctly provided, a core developer will proceed and deliver the API endpoint. If the requirements are partially or incorrectly requested, a DAO member will get in touch with you again.

3

The Standard Metis feed has been updated:

  • Metis is now the native asset on the Metis blockchain
  • USDC, USDT and DAI feeds were added to the oracle
1 Like
4

Feed usage

Data type: Price feed

Use case: The feed will be used to calculate the asset price to be used as collateral for $UST

Specifications

Delivery method: Metis

Update mechanism: Deviation based

Threshold: 0.5%

Methodology: Moving Average

Frequency: 120s

Sources (by chain/version): All available markets

Pairs: UST/ USD

2 Likes
6

Feed usage

Data type : Price feed

Use case : The feed will be used to calculate the asset price to be used as collateral for $KSM

Specifications

Delivery method : Shiden

Update mechanism : Deviation based

Threshold : 0.5%

Methodology : Moving Average

Frequency : 120s

Sources (by chain/version) : All available markets

Pairs : KSM/ USD

1 Like
7

The Standard Metis feed has been updated:

UST/USD feed was added to the oracle.

8

Thank you for requesting a DIA CDR. We confirm the CDR specifications were requested correctly. Find the oracle / API endpoint below:

Markets

By querying for blockchain and asset, the API provides the markets used for calculating this feed.

API endpoint

By querying for blockchain and asset, the API provides the asset quotation for each asset in the feed.

Oracle

The oracle is deployed and can be accessed here: https://blockscout.com/shiden/address/0x849b1689Afa9dfA2B29692F5494D85f872423E30

You can query for assets by calling the read function getValue() with parameters such as “KSM/USD”. It will return two values:

  1. The price of the asset queried with 8 decimals
  2. The timestamp of the last update

Please make sure to top up the gas wallet 0x27bFD4f90643E618eC8D8C3dBce5f8aCE9e0a0D3 very soon, as we only put in some gas to deploy and start the oracle. Also make sure it always has sufficient funding.

2 Likes