LP Price Oracle

Price Oracle used by CygnusDAO.

CygnusDAO uses its own Price Oracles based on the Fair LP Token pricing mechanism implemented by Alpha Finance (https://blog.alphafinance.io/fair-lp-token-pricing/). We get the price of each asset directly from Chainlink price feeds to make sure they are not tampered with by any malicious actors and derive the fair reserves on each liquidity token. The result then is used to derive debt ratios and collateral value in USDC.

The price oracles are open source and anyone is free to deploy their own version or even use ours (if the asset is supported). The oracles can be found below (these might not be the final ones, check with team):

GitHub - CygnusDAO/price-oracle-balancer: BPT Weighted Pool Oracle (Balancer)GitHub

Balancer Weighted Pools

GitHub - CygnusDAO/price-oracle-balancer-metastable: BPT Metastable Pool Oracle (Balancer)GitHub

Balancer Metastable

GitHub - CygnusDAO/price-oracle: LP Price Oracle (UniV2)GitHub

UniswapV2

GitHub - CygnusDAO/price-oracle-algebra: Cygnus LP Algebra OracleGitHub

Gamma