CDR #042: Silo Finance | Price Feeds

Proposals CDRs - Custom Delivery Requests
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1

INTRODUCTION

Protocol: Silo Finance

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

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

REQUEST INFORMATION

Assets

Following assets will be included in the Oracle:

Asset Ticker Asset Blockchain Asset Address Asset Markets Overview Trades Aggregation Window Size
Grail Arbitrum 0x3d99…82d8 Grail markets 120 sec
Jones Arbitrum 0x3d99…82d8 Jones markets 120 sec
ETH Ethereum 0x0000…0000 ETH markets 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
  • 0.5% 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

2

INTRODUCTION

Protocol: Silo Finance

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

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

REQUEST INFORMATION

Assets

Following assets will be included in the Oracle:

Asset Ticker Asset Blockchain Asset Address Asset Markets Overview Trades Aggregation Window Size
Sperax Ethereum 0xB4A3…9008 Sperax markets 120 sec
Plutus Arbitrum 0x5131…A67F Plutus markets 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
  • 0.5% 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

3

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 provides the markets used for calculating this feed.

API endpoint

By querying for blockchain and asset, the API provides the asset quotation for each asset in the feed.

Oracle

The oracle is deployed and can be accessed here.

You can query for assets by calling the read function getValue() with parameters such as “ETH/USD”. It will return two values:

  • The price of the asset queried with 8 decimals
  • The timestamp of the last update

Please make sure to top up the gas wallets very soon, as we only put in some gas to deploy and start the oracle.
Gas wallet: 0x7e8b0cba7bd44c897526efcda3e80ccffe77bdeb

Also make sure it always has sufficient funding.

The requested assets from both posts have been deployed into this oracle.

4

Hi Samuel,

Please change deviation threshold for updates from 0.5% to 2% for 4 assets.

PS: Please keep 0.5% deviation threshold for ETH

Assets

Asset Ticker Asset Blockchain Asset Address Asset Markets Overview Trades Aggregation Window Size
Sperax Ethereum 0xB4A3…9008 Sperax markets 120 sec
Plutus Arbitrum 0x5131…A67F Plutus markets 120 sec
Asset Ticker Asset Blockchain Asset Address Asset Markets Overview Trades Aggregation Window Size
Grail Arbitrum 0x3d99…82d8 1 Grail markets 2 120 sec
Jones Arbitrum 0x3d99…82d8 1 Jones markets 1 120 sec

Updated Methodology

  • Increase deviation threshold from 0.5% to 2% for the four aforementioned assets.
5

Hi Silo team,

we deployed the updates.
ETH deviation threshold remains at 0.5%
Deviation thresholds for Sperax, Plutus, Grail and Jones are on 2%.

1 Like
6

Thank you very much,

8

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

9

RDPX/USD is now also available in the deployed oracle.

1 Like
10

We kindly request the removal of the following asset from the oracle:

Asset Name: SPA
Asset Address: Sperax: SPA Token | Address 0x5575552988a3a80504bbaeb1311674fcfd40ad4b | Arbiscan
Action: Remove from oracle.

11

The requested update has been executed, SPA is no longer part of the oracle updates.

1 Like
12

INTRODUCTION

Protocol: Silo

Integration: Arbitrum native asset price feeds for Silo network.

REQUEST INFORMATION

Assets

Following assets will be included in the Oracle:

Asset Ticker Asset Blockchain Asset Address Asset Markets Overview Trades Aggregation Window Size Comments
Silo Arbitrum Silo Finance: Silo Token | Address 0x0341c0c0ec423328621788d4854119b97f44e391 | Arbiscan Silo Governance Token 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
  • 0.5% 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 Oracle on Arbitrum network
Is testnet deploy required? No
Delivery Estimate 14 days
13

Dear Silo team,
the Silo asset is now queriable in the deployed oracle.

1 Like
14

Hello team DIA:

We no longer have plans to launch lending markets for PLS and GRAIL in the foreseeable future due to lack of liquidity on major AMMs. Therefore, we would like to remove them from our oracle.

Asset details:

1 Like
15

The two assets from the request have been removed from the oracle.

1 Like
16

Thank you so much, Samuel, we appreciate it.