How to request a silo?
1- Reply to this thread with token assets that you would like to see on the Silo lending application.
Please include the token address and a link to a liquidity pool for each token you request.
2- If you prefer not to reply to this post, you can fill out this form.
How do we add silos?
We will run the process below in a monthly cycle:
Community gather requests under a monthly governance thread (like the you are reading).
Community runs a snapshot vote on requested markets. Votes must include collateral parameters and price oracle for each Silo.
Core team carefully screens voted markets and shares recommendations on collateral parameters, price oracles, and interest model configuration for each token asset.
The Core team creates on-chain votes to deploy silos based on snapshot results.
Agree with adding new staked ETH markets.
I think the best choice can be the Rocket Pool $RETH because the TVL is growing fast and the decentralisation looks good with 1400+ nodes and a respectable number of stakers. Time will tell if it’s truly secure but multiple audits were conducted.
My company does DEX market making. There are a few tokens we trade that don’t have futures markets because of a lack of Chainlink oracle support; however, Silo’s innovative TWAP model would handle them excellently. Tokens without Chainlink oracles may be good choices for listings, since they would draw on Silo’s strengths.
Gas token markets have always been interesting to us. If such a market opened on Silo, we would seed its liquidity.
Another good asset that could take advantage of TWAP is Unisocks (SOCKS), though unlike gas tokens, SOCKS is already listed (in isolation) on another platform (Euler).
+1 to rETH - The ETH staking derivative of Rocket Pool
In the past 5 months growing at a rate faster than other staking protocols. After validator stake can be withdrawn post-merge I would imagine we’ll see a lot of people move towards rocketpool.