19 January, 2023
INTRODUCTION
Protocol: AMALGAM
Integration: Amalgam is a lending market on Velas chain
REQUEST INFORMATION
Assets
Following assets will be included in the Oracle:
Asset Ticker | Asset Blockchain | Asset Address | Asset Markets Overview | Comments |
---|---|---|---|---|
VLX | Velas | Native Velas Chain Token | VLX Markets | |
BUSD | Binance Smart Chain | 0xe9e7CEA3DedcA5984780Bafc599bD69ADd087D56 | BUSD Markets |
Methodology
- Moving Average Price with Interquartile Range (MAIR) will be used to calculate the price for the assets. Learn more about it here
- 1% deviation threshold for updates trigger will be applied for each VLX/USD asset
- 0.5% deviation threshold for updates trigger will be applied for each BUSD/USD asset
- 120sec time window for trades aggregation will be applied for each asset
DELIVERY INFORMATION
Delivery Method | Oracle on Velas network |
---|---|
Is testnet deployment required? | No |
Delivery Estimate | 10 days |