DIA DAO | Open-Source Oracles for Web3

DIA has partnered with Preon Finance, a decentralized lending platform, to provide real-time pricing information for the $STAR stablecoin. Users can leverage $STAR as collateral to access funds without selling their portfolio.

Growth Manager at LineaBuild, @emacosc, commends DIA for its extensive and transparent data library, which provides specialized oracles for builders on different chains.

DIA DAO is hosting a monthly sprint on Zealy, offering community members a chance to support marketing initiatives and compete for a $100 reward pool.

In the 8th episode of Partner in Focus, Rodeo Finance's leveraged yield farming platform and the role of DIA's oracles are explored with YieldLord0x. Rodeo Finance aims to revolutionize DeFi by enhancing capital efficiency, skyrocketing yields, and simplifying DeFi. The integration with DIA's custom oracle for their RDO token has enabled additional product layers and use cases. The oracle powers Rodeo's yield strategies by offering a robust price feed, with precise and efficient updates. DIA's commitment to Arbitrum extends beyond oracles through the Oracle Gasdrop initiative, which co-sponsors gas costs for oracle updates.

The DIA DAO has released a case study highlighting the role of DIA's oracles in supporting various DeFi use cases within the Arbitrum ecosystem. DIA's unique approach ensures transparency and customizability by sourcing raw trade data directly from 80+ centralized and decentralized exchanges. With support for over 2,500 tokens, DIA is fueling innovation and expanding the scope of DeFi applications on Arbitrum. The case study showcases how DIA's oracles are driving growth and supporting dApps on Arbitrum, including dopex_io, SiloFinance, FactorDAO, unsheth_xyz, y2kfinance, mean_fi, SouqFinance, and PreonFinance. DIA is also supporting the Arbitrum ecosystem through initiatives like Oracle Gasdrop grants and leading support for Liquid Staked Tokens (LSTs). The case study highlights how DIA overcomes challenges faced by traditional oracle providers and provides customized solutions to ensure reliable and precise data for each supported asset. DIA's oracles have successfully integrated with Silo Finance, leading to thriving lending markets for various assets.

The DIA DAO has announced its support for BTClayer2 and the Bitcoin Layer 2 movement by providing fully transparent oracles.

DIA announces a partnership with txSync_io to revolutionize the blockchain user experience and flexibility. As part of the partnership, txSync integrates DIA's bespoke STORJ oracle on zkSync, enabling streamlined monthly payouts to Storj Nodes and reducing gas fees. The integration also uplifts txSync's txPortal and txBridge modules, allowing users to pay gas fees in USDC. This marks the beginning of a journey for txSync and DIA, with more integrations to come.

DIA has announced a major upgrade for txSync, powered by a custom DIA price oracle. The upgrade includes the development of a specialized Paymaster on zkSync using STORJ tokens for gas fees. DIA's on-chain price feed ensures accurate ETH conversions, and USDC token payments are now accepted for txSync's txPortal and txBridge functionalities. The integration aims to improve user experience and flexibility in DeFi.

The 91500 $DIA airdrop for DIA holders who voted for DIA DAO proposals on Snapshot in 2023 is now open. The airdrop is claimable until February 15th, 3PM UTC. Eligible voters can claim 644.366 $DIA each. Unclaimed tokens will be burned after the deadline.

In the fourth episode of Chain in Focus, the DIA DAO will explore Astar Network, a multi-VM L1. The Head of Astar Foundation, @henskensm, will join for a discussion. The event will take place on Wednesday, January 17th at 4 PM UTC.