SIP 49: Add new synths for Hadar release Source

AuthorNocturnalsheet
Discussions-To<https://discordapp.com/invite/CDTvjHY>
StatusImplemented
Created2020-03-30

Simple Summary

Add new long and inverse Synths for six new cryptocurrencies: Bitcoin Cash (BCH), Cardano (ADA), Dash, EOS, Monero (XMR), Ethereum Classic (ETC). Add new long and inverse Synths for two new indices: FTSE 100 Index, Nikkei 225 Index Add new long and inverse Synths for one new commodity: Brent Crude Oil

Motivation

Adding long/inverse exposure to a range of new Synths will allow traders to profit from bullish or bearish bets on the value of some of the best-known assets in the ecosystem.

Specification

These Synths will be implemented in much the same way as the other long/inverse crypto Synths. Each Synth will have upper and lower thresholds.

Rationale

Additional crypto, indices and Brent Crude Oil synths will add further utility to Synthetix.Exchange. The included cryptocurrencies were chosen based on the new report by Delphi Digital, indices and Brent Crude Oil were chosen based on community demand and poll in Discord.

Test Cases

TBC

Implementation

These Synths will be added in the upcoming Hadar release.

Copyright and related rights waived via CC0.