Denario Silver Coin | Token Price Feed

INTRODUCTION

Protocol: Denario Silver Coin (DSC)

Website: www.denario.swiss

Integration: Price feed for Denario Silver Coin (DSC) in CHF, EUR, USD on Polygon

Use case: RWA token fully backed by physical silver (1 DSC = 1 Oz Silver)

Blockchain: Polygon

REQUEST INFORMATION

Assets

The following assets will be included in the Oracle:

Methodology

  • Pricing methodology: Moving Average Price with Interquartile Range (MAIR) will be used to calculate the price for the assets. The spot price of silver plus the mark-up for the tokenisation of the physical granules of silver
  • Update trigger: 1-minute time-based update frequency will be applied for all assets, except Saturday and Sunday. 120 secs update frequency check will be applied

DELIVERY INFORMATION

  • Delivery method: Oracle on Polygon
  • Testnet required: No

NOTES

Additional relevant information:


Learn more about DIA CDRs here