CDR #042: Silo Finance | Price Feeds

INTRODUCTION

Protocol: Silo Finance

Website: https://www.silo.finance/

Integration: Arbitrum native asset price feeds for Silo Finance Lending Protocol.

REQUEST INFORMATION

Asset

Following assets will be included in the Oracle:

Asset Ticker Asset Blockchain Asset Address Asset Markets Overview Trades Aggregation Window Size
rDPX Arbitrum 0x32eb7902d4134bf98a28b963d26de779af92a212 RDPX market 120 sec

Methodology

  • Moving Average Price with Interquartile Range (MAIR) will be used to calculate the price for the assets. Learn more about it here
  • 2% deviation threshold for updates trigger will be applied for each asset
  • 120 sec updates frequency check will be applied
  • The feed will be updated every 24h period if there are no deviation-based updates

DELIVERY INFORMATION

  • Delivery Method: Oracles on Arbitrum network
  • Is testnet deploy required: No
  • Delivery Estimate: 14 days (or as soon as conveniently possible)

NOTES

Additional relevant information: N/A