INTRODUCTION
Protocol: LINK AFRICA
Website: www.linkio.africa/web3
Integration: LINK provides a stablecoin powered remittance product and cross border payments infrastructure for Africa.
Use case: The integration will enable the LINK Africa protocol to access price information for the Nigerian Naira at the parallel market price, on-chain in live time.
Blockchain:
REQUEST INFORMATION
Assets
The following assets will be included in the Oracle:
| Asset Ticker | Asset Blockchain | Asset Address | Asset Markets Overview | Comments |
|---|---|---|---|---|
| NGN | N/A | N/A | NGN Asset Information | NGN is the symbol representing the Nigerian Naira, the native currency of Nigeria |
Methodology
- Moving Average Price with Interquartile Range (MAIR) will be used to calculate the price for the assets. Learn more about it here
- 0.5% deviation threshold for updates trigger will be applied for each asset
- 30min time window for trades aggregation will be applied for each asset
DELIVERY INFORMATION
| Delivery Method | Oracle on Polygon |
|---|---|
| Is testnet deployment required? | No |
| Delivery Estimate | 5 days |
NOTES
Additional relevant information: