OIP-3: Add new crypto Synths
| Author | |
|---|---|
| Status | Draft |
| Type | Governance |
| Network | BNB Chain |
| Implementor | TBD |
| Release | TBD |
| Created | 2022-06-11 |
| Updated | 2022-06-11 |
Simple Summary
Add new long Synths for four new cryptocurrencies:
- Link (LINK)
- AAVE (AAVE)
- Defi Pulse Index (DPI)
- Polygon (MATIC)
Motivation
Adding long exposure to a range of new Synths will allow traders to speculate on the value of some of the best-known tokens in the ecosystem. The intentions is to attract more traders to Oikos.Exchange by adding to the growing list of available Synths. It's important to attract new traders to the platform, as the protocol is built around rewarding OKS stakers with fees generated by trading volume.
Specification
These Synths will be implemented in much the same way as the other long crypto Synths.
Rationale
Additional crypto Synths will add further utility to the Oikos network. The included assets are available in our Chainlink feed https://data.chain.link/users/oikos-cash
Test Cases
N/A
Implementation
As proposal is approved, these Synths will be added. Here are the relevant price feeds provided by Chainlink oracles:
- LINK/USD: 0xca236e327f629f9fc2c30a4e95775ebf0b89fac8
- AAVE/USD: 0xa8357bf572460fc40f4b0acacbb2a6a61c89f475
- DPI/USD: 0x7ee7e7847ffc93f8cf67bccc0002aff9c52de524
- MATIC/USD: 0x7ca57b0ca6367191c94c8914d7df09a57655905f
Copyright
Copyright and related rights waived via CC0.