DIA DAO | Open-Source Oracles for Web3

This case study examines how SiloFinance benefits from integrating and utilizing DIA's price oracles for a series of non-blue-chip tokens, enabling the launch of lending markets for these assets. The DIA DAO is an open, decentralized framework that allows the community to support DIA's growth and development while earning rewards. Contributors earn ETH, 'XP', and DIA tokens, which enable participation in governance and other on-site utilities.

The latest blog post explores the economic advantages, security features, and user empowerment offered by decentralized applications (dApps) in comparison to traditional centralized applications. It delves into the key differences between these two types of applications, highlighting the potential benefits and challenges associated with developing and using dApps.

DIA is leveraging its unique first-party data sourcing capabilities to provide transparent and customizable oracles for Ethereum restaking tokens. These oracles deliver accurate pricing data, enhancing decentralized finance (DeFi) applications that utilize restaking tokens. DIA directly scrapes trade data from decentralized and centralized exchanges, ensuring unparalleled accuracy and transparency. The platform's flexibility allows for the creation of custom oracles tailored to specific DeFi application needs across multiple blockchain networks. DIA provides full visibility into data sources and methodologies, fostering trust within the DeFi ecosystem.

DIA, a decentralized oracle platform, has announced the launch of its Oracle Gasdrop Grant program to support developers building decentralized applications (dApps) on the Arbitrum network. The program aims to co-sponsor gas costs for oracle updates, providing 1,000 ARB tokens to selected projects. Developers can apply to receive this grant and power their DeFi applications with reliable data from DIA's oracles. Additionally, DIA has introduced the DIA DAO, an open and decentralized framework that allows the community to contribute to the growth and development of DIA while earning rewards in the form of ETH, XP, and DIA tokens.

Ankr, a leading blockchain infrastructure provider, has launched Neura.io, a groundbreaking platform that aims to set a new standard for AI on blockchain. This innovative solution is expected to bring significant advancements to the web3 space, fostering innovation and driving impact. The DIA DAO, an open and decentralized framework, welcomes contributors to support the growth and development of DIA while earning rewards in the form of ETH, XP, and DIA tokens.

The DIA DAO has announced the launch of a series of quests on the Zealy platform dedicated to BTClayer2, the first fully decentralized EVM-compatible Bitcoin Layer 2 network that uses BTC as gas. Participants who complete the questlines will receive a Discord role and have the opportunity to compete for a $100 reward pool.

DIA, a decentralized organization, has announced its commitment to transparency and an open-source approach. The organization's direct data-sourcing method allows developers to examine how asset price feeds are constructed, offering unmatched transparency and customization. Additionally, DIA has introduced a DAO (Decentralized Autonomous Organization) framework to enable community members to contribute to the growth and development of DIA while earning rewards in the form of Ethereum (ETH), experience points (XP), and DIA tokens.

Blockchain technology and artificial intelligence are converging to create more intelligent and secure decentralized networks. This integration is driving innovation in areas such as decentralized data marketplaces and smart contract automation, paving the way for a more equitable digital future. Companies are leading the charge in developing solutions that combine these two cutting-edge technologies.

Two blockchain infrastructure providers, Conduit and Gelato, have recently announced their Rollup as a Service (RaaS) offerings. Conduit's RaaS allows users to deploy fully-managed, production-grade, and customizable rollups on Ethereum with just a few clicks. Gelato's RaaS enables the deployment of production-grade and fully-serviced Layer 2 rollups natively integrated with tools like oracles, bridges, data indexers, and account abstraction. These RaaS offerings aim to facilitate blockchain scaling infrastructure.

DIA, a decentralized organization, is revolutionizing data sourcing for decentralized finance (DeFi) and Web3 applications. By directly collecting trade data from over 85 centralized and decentralized exchanges, DIA ensures unparalleled precision and flexibility in its price feeds. The organization invites users to discover how its granular approach sets it apart. Additionally, DIA operates a decentralized autonomous organization (DAO) that enables community members to contribute to the growth and development of DIA while earning rewards in Ethereum (ETH), experience points (XP), and DIA tokens.