USDX feed on FTSO is essential for the FAssets launch on Songbird. USDX is a stable coin pegged to USD and listing it on FTSO (on Songbird) enables a reliable price feed necessary to capture collateral for FAssets. It is essential to have USDX price available securely which including it as part of FTSO would ensure.
Note that this request is to add USDX feed to Songbird only. Inclusion of this feed on Flare can be done at a later time once the performance and stability of the USDX price feed is ensured.
Trading Venues
USDX price from Flare is scheduled to be listed on BItmart exchange shortly. USDX is available on SparkDEX
This request is to initiate the governance process immediately as a way to expedite the inclusion process. The feed can be added to Songbird once USDX is listed on Bitmart.
Feed Name
USDX/USD
Justification
USDX feed on FTSO is essential for the FAssets launch on Songbird. USDX is a stable coin pegged to USD and listing it on FTSO (on Songbird) enables a reliable price feed necessary to capture collateral for FAssets. It is essential to have USDX price available securely which including it as part of FTSO would ensure.
Note that this request is to add USDX feed to Songbird only. Inclusion of this feed on Flare can be done at a later time once the performance and stability of the USDX price feed is ensured.
Trading Venues
USDX price from Flare is scheduled to be listed on BItmart exchange shortly. USDX is available on SparkDEX This request is to initiate the governance process immediately as a way to expedite the inclusion process. The feed can be added to Songbird once USDX is listed on Bitmart.
Your Discord or Telegram handle
@eshwarmysore
Your Email
eshwar.mysore@flare.network