Mhairi
March 2, 2022, 1:21pm
1
The DVM should support price requests for the WBTC/USD and USD/WBTC price index. These price identifiers will serve to support future developments involving WBTC.
## Headers
| UMIP-51 | |
|------------|------------------------------------------------------------------------------------------------------------------------------------------|
| UMIP Title | Add WBTCUSD, USDWBTC as price identifiers |
| Authors | Logan (Logan@opendao.io) |
| Status | Approved |
| Created | February 2, 2021 |
| Discourse Link | https://discourse.uma.xyz/t/adding-wbtc-usd-price-identifier-umip/124 |
## Summary (2-5 sentences)
The DVM should support price requests for the WBTC/USD and USD/WBTC price index. These price identifiers will serve to support future developments involving WBTC.
## Motivation
1. What are the financial positions enabled by creating this synthetic that do not already exist?
The DVM currently does not support the WBTC/USD or USD/WBTC price index. Supporting the WBTCUSD price identifier would enable UMA partners (like OpenDAO or others) to provide access to the asset via the UMA architecture.
2. Please provide an example of a person interacting with a contract that uses this price identifier.
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