CDR #076 Reax Finance | Asset Pricing

INTRODUCTION

Protocol: Reax Finance

Website: reax.one

Integration: The integration will deliver real time price information for assets supported on Reax’s decentralized synthetic assets protocol.

Use case: Creation of Synthetic Assets

REQUEST INFORMATION

Assets

The following assets will be included in the Oracle:

Asset Ticker Asset Blockchain Asset Address Asset Markets Overview Comments
TLOS Telos 0x0000000000000000000000000000000000000000 TLOS Asset Information
BTC Bitcoin 0x0000000000000000000000000000000000000000 BTC Asset Information
WETH Ethereum 0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2 WETH Asset Information
USDT Ethereum 0xdAC17F958D2ee523a2206206994597C13D831ec7 USDT Asset Information
USDC Ethereum 0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48 USDC Asset Information

Methodology

  • Moving Average Price with Interquartile Range (MAIR) will be used to calculate the price for the assets. Learn more about it here
  • .5% deviation threshold will be applied for all assets
  • The feed will be updated every 24h period if there are no deviation based updates

DELIVERY INFORMATION

Select if the feed should be delivered on-chain via oracle and if so, which network:

  • Delivery method: Oracle on Telos Testnet
  • Testnet required: Yes

See delivery options

NOTES

Additional relevant information:


Learn more about DIA CDRs here

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Thank you for requesting a data feed via DIA CDR. We confirm the CDR specifications were requested correctly. Find the oracle information below:

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 “BTC/USD”. It will return two values:

  1. The price of the asset queried with 8 decimals
  2. The unix timestamp of the last update

You can see Solidity and Vyper code integration examples here or use a dedicated DIA oracles integration library described in detail here.

Funding

Each deployed oracle has a separate gas wallet which is the only entity allowed to update oracle values based on selected parameters. To find out more information on how it works, visit the following link.

Please make sure to top up the gas wallet, as we only put in some gas to deploy and start the oracle.

Gas Wallet address: 0x62FDf8A96FD134fa7A22b7D3A6D4D5411D063432

Markets

You can view the markets included for each feed by pressing on a link to DIA App in the deployed assets list:

  1. Bitcoin-0x0000000000000000000000000000000000000000
  2. Ethereum-0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2
  3. Ethereum-0xdAC17F958D2ee523a2206206994597C13D831ec7
  4. Ethereum-0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48
  5. Telos-0x0000000000000000000000000000000000000000

Note: DIA uses Blockchain-Address querying formatting to ensure asset selection precision (token symbols might duplicate)

You can also query current asset prices and find other market information on the asset by using the DIA API as described here.

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