DIA Appointed as Oracle Provider for Bitcoin L2 Rollup BOB

馃攽 Oracle Integration, Unlocking Potential

By DIA DAO | Open-Source Oracles for Web3
May 16, 2024, 6:58 PM
twitter

DIA, a decentralized oracle platform, has been selected as the go-to oracle provider for BOB, a thriving Bitcoin Layer 2 rollup with over $300 million in total value locked (TVL).​ This collaboration will enable developers building on BOB to access high-quality, transparent token price feeds provided by DIA.​ The oracle, available on BOB Mainnet, provides price information for various tokens including WBTC, tBTC, USDT, USDC, eWTH, ETH, and SOV.​ The oracle is set with a high refresh rate, updating on-chain values whenever asset prices deviate by more than 0.​5%, making it suitable for powering various on-chain applications such as lending and borrowing, derivatives markets, stablecoins, prediction markets, and yield protocols.​ Developers can interact with the DIA oracles via the provided smart contract address.​

Sources
Read more about DIA DAO | Open-Source Oracles for Web3

The Evolution of Blockchain Security: Math Meets Markets

The Evolution of Blockchain Security: Math Meets Markets

Blockchain security is evolving beyond simple decentralization into a hybrid model combining two approaches: - **Pure Cryptography**: Math-based systems using hashing, signatures, and ZK proofs - **Cryptoeconomics**: Security through staking, incentives, and slashing mechanisms Key players are emerging in both spaces: - *Cryptographic Leaders*: SuccinctLabs, RiscZero, lagrangedev - *Cryptoeconomic Innovators*: eigenlayer, symbioticfi, 0xOthentic DIA's Luminas oracle rollup demonstrates this hybrid approach, combining on-chain computation with staking mechanisms. [Read the full analysis](https://www.diadata.org/blog/post/cryptography-vs-cryptoeconomics-2025/)

DIA Launches Lumina: A New Standard for Verifiable Oracles

DIA has introduced Lumina, a rollup-powered oracle network designed to address transparency issues in existing oracle systems. Key features: - Fully on-chain data processing - Transparent computation methods - Verifiable at every step of data delivery - No reliance on black box systems The new oracle infrastructure aims to shift the paradigm from trusted to verifiable data sources, particularly benefiting DeFi and RWA applications. DIA Co-Founder @pclaudius explains how Lumina represents a significant improvement over current oracle standards, emphasizing complete transparency in data sourcing and computation.

DIA Lumina Mainnet Launch Marks New Era for Oracle Infrastructure

DIA has officially launched Lumina mainnet, introducing the first fully verifiable on-chain oracle rollup. This launch represents the foundation for building transparent oracle infrastructure with several key developments on the horizon: - Global feeder network expansion - Implementation of $DIA staking mechanisms - Real-world asset (RWA) integrations - Development of permissionless tooling The project emphasizes that this launch is just the beginning of their roadmap for scaling and expanding oracle capabilities in the Web3 ecosystem.

RWA Infrastructure Evolution: Beyond Hype to Verifiable Trust

RWA Infrastructure Evolution: Beyond Hype to Verifiable Trust

The real-world asset (RWA) tokenization landscape is experiencing significant growth, with total on-chain assets reaching $19.82B and asset-backed stablecoin market cap at $226.89B. Key developments: - WeBank launches POTOS blockchain infrastructure in Hong Kong - Fidelity enters stablecoin exploration - First U.S. bank-issued stablecoin transaction completed - Australia proposes new regulatory framework Industry experts emphasize that sustainable RWA growth requires: - Enhanced transparency mechanisms - On-chain verifiability - Compliant oracle infrastructure - Robust regulatory frameworks The market shows increasing institutional adoption, with 165 asset issuers across major chains including Ethereum, ZKSync Era, Stellar, Algorand, and Aptos.

DIA Oracles Power EDU Chain's Educational Infrastructure

DIA Oracles Power EDU Chain's Educational Infrastructure

DIA has integrated its oracle infrastructure with EDU Chain, OpenCampus's Layer 3 network built on Arbitrum Orbit. The integration provides real-time price feeds for multiple assets including $EDU, $ETH, $WBTC, and major stablecoins. Available on both mainnet and testnet, these feeds enable developers to build onchain credentials, gamified learning apps, and education marketplaces. The infrastructure features first-party data sourcing from exchanges, transparent computation, and onchain submission through Lasernet. All services are free for developers.