# CDR #006: Standard Protocol | asset price

**URL:** <https://forum.diadata.org/t/cdr-006-standard-protocol-asset-price/245>\
**Category:** CDRs - Custom Delivery Requests\
**Tags:** stablecoin, polygon, token-price-feed\
**Created:** [March 31, 2022, 9:36am UTC](https://forum.diadata.org/t/cdr-006-standard-protocol-asset-price/245 "2022-03-31T09:36:19Z")\
**Posts on this page:** 7\
**Page:** 1

<div class="post-metadata">

**Author:** ![standardweb3](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.diadata.org/standardweb3/32/134_2.png) [@standardweb3](https://forum.diadata.org/u/standardweb3)\
**Post date:** [March 31, 2022, 9:36am UTC](https://forum.diadata.org/t/cdr-006-standard-protocol-asset-price/245/1 "2022-03-31T09:36:19Z")

</div>

## 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](https://docs.diadata.org/documentation/methodology/digital-assets/exchangeprices/ma-moving-average)

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<div class="post-metadata">

**Author:** ![emre.kara](https://avatars.discourse-cdn.com/v4/letter/e/cdc98d/32.png) [@emre.kara](https://forum.diadata.org/u/emre.kara)\
**Post date:** [March 31, 2022, 9:41am UTC](https://forum.diadata.org/t/cdr-006-standard-protocol-asset-price/245/2 "2022-03-31T09:41:52Z")

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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.

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<div class="post-metadata">

**Author:** ![Samuel](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.diadata.org/samuel/32/119_2.png) [@Samuel](https://forum.diadata.org/u/Samuel)\
**Post date:** [April 8, 2022, 11:33am UTC](https://forum.diadata.org/t/cdr-006-standard-protocol-asset-price/245/3 "2022-04-08T11:33:57Z")

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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

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<div class="post-metadata">

**Author:** ![standardweb3](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.diadata.org/standardweb3/32/134_2.png) [@standardweb3](https://forum.diadata.org/u/standardweb3)\
**Post date:** [April 14, 2022, 9:12am UTC](https://forum.diadata.org/t/cdr-006-standard-protocol-asset-price/245/4 "2022-04-14T09:12:26Z")

</div>

## 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](https://docs.diadata.org/documentation/methodology/digital-assets/exchangeprices/ma-moving-average)

**Frequency** : 120s

**Sources (by chain/version)**: All available markets

**Pairs** : UST/ USD

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<div class="post-metadata">

**Author:** ![standardweb3](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.diadata.org/standardweb3/32/134_2.png) [@standardweb3](https://forum.diadata.org/u/standardweb3)\
**Post date:** [April 20, 2022, 7:32am UTC](https://forum.diadata.org/t/cdr-006-standard-protocol-asset-price/245/6 "2022-04-20T07:32:19Z")

</div>

## 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](https://docs.diadata.org/documentation/methodology/digital-assets/exchangeprices/ma-moving-average)

**Frequency** : 120s

**Sources (by chain/version)** : All available markets

**Pairs** : KSM/ USD

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<div class="post-metadata">

**Author:** ![Philipp](https://avatars.discourse-cdn.com/v4/letter/p/46a35a/32.png) [@Philipp](https://forum.diadata.org/u/Philipp)\
**Post date:** [April 21, 2022, 4:43pm UTC](https://forum.diadata.org/t/cdr-006-standard-protocol-asset-price/245/7 "2022-04-21T16:43:18Z")

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The Standard Metis feed has been updated:

UST/USD feed was added to the oracle.

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<div class="post-metadata">

**Author:** ![Samuel](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.diadata.org/samuel/32/119_2.png) [@Samuel](https://forum.diadata.org/u/Samuel)\
**Post date:** [April 27, 2022, 1:02pm UTC](https://forum.diadata.org/t/cdr-006-standard-protocol-asset-price/245/8 "2022-04-27T13:02:37Z")

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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](https://docs.diadata.org/documentation/api-1/api-endpoints#asset-markets) provides the markets used for calculating this feed.

**API endpoint**

By querying for blockchain and asset, the [API](https://docs.diadata.org/documentation/api-1/api-endpoints#asset-quotation) 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](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.
