UMIP 37 -Add DSDUSD, USDDSD as price identifiers

Mhairi · March 2, 2022, 1:09pm

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

UMAprotocol/UMIPs/blob/master/UMIPs/umip-37.md

## Headers
| UMIP-37    |                                                                                                                                          |
|------------|------------------------------------------------------------------------------------------------------------------------------------------|
| UMIP Title | Add DSDUSD, USDDSD as price identifiers              |
| Authors    | John (dsdravage@gmail.com), Sean (sean@opendao.io) |
| Status     | Approved                                                                                                                                    |
| Created    | January 14, 2021                                                                                                                           |

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

## Motivation
The DVM currently does not support the DSDUSD or USDDSD price index.
Supporting the DSDUSD price identifier would enable the creation of the DSDO stablecoin, backed by DSD as collateral. DSD token holders can utilize this as a hedging tool, and could go long or use DSDO for functional purposes.
There is little cost associated with adding this price identifier, as there are multiple free and easily accessible data sources available.

More information on the Dynamic Set Dollar can be found on the website: https://dsd.finance/

## Technical Specification
The definition of this identifier should be:

This file has been truncated. show original

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UMIP 37 -Add DSDUSD, USDDSD as price identifiers

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