CDR #055: Prime Protocol | wstETH, rETH, cbETH, ARB, AVAX

prime_protocol
Thu, 27 Jul 2023 15:05:20 +0000
CDRs - Custom Delivery Requests

24 July, 2023

INTRODUCTION

Protocol: Prime Protocol

Integration: Prime Protocol is a cross-chain prime brokerage which allows users to borrow across chains backed by their entire portfolio of cross chain assets. The integration will provide real-time price information for the assets being lent and borrowed on Prime Protocol.

REQUEST INFORMATION

Assets

Following assets will be included in the Oracle:

Asset Ticker | Asset Blockchain | Asset Address | Asset Markets Overview | Comments
wstETH | Ethereum | 0x7f39C581F595B53c5cb19bD0b3f8dA6c935E2Ca0 | wstETH Asset Information |
rETH | Ethereum | 0xae7ab96520DE3A18E5e111B5EaAb095312D7fE84 | rETH Asset Information |
cbETH | Ethereum | 0xae7ab96520DE3A18E5e111B5EaAb095312D7fE84 | cbETH Asset Information |
ARB | Arbitrum | 0x912CE59144191C1204E64559FE8253a0e49E6548 | ARB Asset Information |
AVAX | Avalanche | 0x0000000000000000000000000000000000000000 | AVAX 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

0.5% deviation threshold for updates trigger will be applied for each asset

120 sec updates frequency check will be applied

120 sec oracle update frequency will be added for each asset

DELIVERY INFORMATION

Delivery Method | Oracle on Moonbase Alpha
Is testnet deployment required? | Yes
Delivery Estimate | 10 days

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