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GYD oracle formula. #110

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mohammedpatla opened this issue Oct 8, 2021 · 1 comment
Open

GYD oracle formula. #110

mohammedpatla opened this issue Oct 8, 2021 · 1 comment
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oracle New feature or request for the oracle contract

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@mohammedpatla
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GYD we need to build how a stable peg can be derived from multiple baskets of stable currencys.

Solution needs to be build.
But the primary conversation was around weighted distribution to pegs. Then slowly move the peg away from USD over time, epoch based.

Describe alternatives you've considered
Having a price derivation from all the pairs, eg USD/CNY USD/JPY JPY/CNY we deive a value stqbleizer between them.

@DrPresident DrPresident self-assigned this Jan 4, 2022
@DrPresident DrPresident added the oracle New feature or request for the oracle contract label Jan 4, 2022
@mohammedpatla
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This is been worked by the committee at shade swap. The model representation is what we are going to use

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