03 February, 2023
INTRODUCTION
Protocol: Dual Finance
Integration: Dual Finance offers sustainable incentive liquidity infrastructure for Web3 communities. Dual Finance’s flagship product, Dual Investment Pools (DIPs), are a unique implementation of Decentralized Option Vaults (DOVs). This integration will include the provision of a volatility oracle for crypto assets onto the Solana blockchain, to further support Dual’s DIPs.
REQUEST INFORMATION
Assets
Following assets will be included in the Oracle:
| Asset Ticker | Asset Blockchain | Asset Address | Asset Markets Overview | Comments |
|---|---|---|---|---|
| V: BTC_USD | N/A | N/A | V: BTC_USD Source | Guest Oracle - Deribit Volatility Index |
| V: ETH_USD | N/A | N/A | V: ETH_USD Source | Guest Oracle - Deribit Volatility Index |
| V: SOL_USD | N/A | N/A | V: SOL_USD Source | Guest Oracle - Deribit Volatility Index |
Methodology
- Guest Oracle: Deribit Volatility Index 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
- 10min time window for checking volatility will be applied for each asset
DELIVERY INFORMATION
| Delivery Method | Oracle on Solana |
|---|---|
| Is testnet deployment required? | No |
| Delivery Estimate | 10 days |