UMIP 32 -Add CNYUSD as a price identifier

Mhairi · March 2, 2022, 1:04pm

The DVM should support price requests for the CNY/USD price index.

UMAprotocol/UMIPs/blob/master/UMIPs/umip-32.md

## Headers
| UMIP-32     |                                                                                                                                          |
|------------|------------------------------------------------------------------------------------------------------------------------------------------|
| UMIP Title | Add CNYUSD as a price identifier              |
| Authors    | Shankai Ji, jishankai@gmail.com |
| Status     | Approved                                                                                                                                  |
| Created    | December 16, 2020                                                                                                                           |

## Summary (2-5 sentences)
The DVM should support price requests for the CNY/USD price index. 


## Motivation
The DVM currently does not support the CNY/USD index.

Supporting the CNYUSD price identifier would enable the creation of a Chinese Yuan FX derivative, backed by USD. Token minters could go short on the CNY/USD index, while token holders could go long or use synthetic fxCNY for functional purposes.

## Technical Specification
The definition of these identifiers should be:

This file has been truncated. show original