Proposal that round 4 of new markets should just be a vote for all available pairs on chainlink
One of the requirements for a new market to be launched is for the Chainlink price feed for funding rate calculations. Given we are already waiting for SUSHI to be listed (and we’re unsure of when this will occur) rather than voting in more and building up this backlog I’d propose that we vote on the ones that already exist in Chainlink so that we can keep building momentum.
Price feeds that exist: https://data.chain.link/
The only other requirement would be given we are denominated in USD it would have to be in a TOKEN-USD pair (otherwise if we convert it then it will be super delayed which isn’t good)
I thought I’d just pick a bunch of pairs and we should discuss the following:
- Are we happy as a community to take this approach for Round 4 (hopefully in Round 5 we can have SUSHI done and get back to regular programming)
- Which of the tokens do we want to list
Some of the no brainers to me would be the big DeFi tokens:
Then there’s all the non ERC20 tokens that maybe we can discuss. Though I’m less bullish on them given they aren’t within the Eth community (and at least DOT was related)
There’s also a whole other category outside of crypto which may be interesting maybe?
- FX (currencies like EUR, CAD, JPY)
- Commodities like Gold, silver, oil