DIA DAO | Open-Source Oracles for Web3

Tanssi Network, a decentralized platform, has launched its testnet and kicked off its first incentivized campaign. The DIA DAO, an open and decentralized organization, is supporting Tanssi's growth with its oracle infrastructure. The DIA DAO allows community members to contribute to the development of DIA while earning rewards in the form of Ethereum (ETH), experience points (XP), and DIA tokens, which enable participation in governance and other on-site utilities.

Zest Protocol is an on-chain lending platform that allows users to earn yield on their Bitcoin holdings or take out undercollateralized Bitcoin loans. It operates on the Stacks blockchain, a Bitcoin layer-2 solution, using Clarity smart contracts that interact directly with the Bitcoin blockchain. The protocol involves pool delegates who manage lending pools, liquidity providers who deposit Bitcoin to fund loans and earn yield, ZEST token holders who vote on onboarding pool delegates, and borrowers who can request capital from liquidity providers. Zest Protocol aims to enable a more inclusive and efficient Bitcoin DeFi ecosystem.

Liquidium is a decentralized finance (DeFi) protocol that enables users to borrow or lend Bitcoin, using unique Bitcoin-based assets called Ordinal Inscriptions as collateral. The protocol facilitates peer-to-peer Bitcoin lending, where users can earn interest by lending out their Bitcoin or borrow Bitcoin by using their Ordinals as collateral. Liquidium's operations are facilitated through Partially Signed Bitcoin Transactions (PSBTs) and Discreet Log Contracts (DLCs) to escrow the Ordinal on the Bitcoin base layer.

DIA, a decentralized oracle platform, has announced a partnership with Stable to launch a collateral-based price oracle for the USDLR stablecoin on the Arbitrum network. The oracle will enable secure integration and usage of the USDLR stablecoin in decentralized finance (DeFi) applications. USDLR is a fiat-backed stablecoin that shares revenue with companies and protocols that distribute it. The oracle will assess the collateral reserves of USDLR in real-time, involving various on-chain and off-chain data sources, to provide a reliable price feed for the stablecoin.

Interlay is a modular, programmable layer bridging Bitcoin and the multi-chain ecosystem, facilitating DeFi use cases for Bitcoin. It enables swapping, lending, borrowing, and creating leveraged positions across 17 supported networks. Interlay's architecture consists of four layers: base layer for consensus, computation, and governance; infrastructure layer for cross-chain bridging; DeFi layer for lending, borrowing, and swapping; and application layer for SDKs and APIs. Interlay brings benefits to the Bitcoin network, including a DeFi TVL of over $50 million.

DIA, a decentralized oracle platform, has announced the introduction of a tBTC/USD price feed, enabling the use of Bitcoin in decentralized finance (DeFi) on Ethereum. The feed is crafted from various decentralized exchanges (DEXs) and is adaptable for deployment on over 50 blockchain networks. Additionally, DIA has highlighted ZAP, a Bitcoin Layer 2 solution utilizing ZkEVM technology focused on AI and DePIN. ZAP provides a platform capable of running smart contracts for off-chain transactions, enhancing transaction efficiency and minimizing costs.

Stacks is a Layer 2 solution that enables fast, cheap Bitcoin transactions and full-featured smart contracts. It utilizes a multi-layer architecture with Bitcoin as the base settlement layer, Stacks for smart contracts and programmability, and Hiro Subnets for scalability and throughput. Stacks uses the Clarity programming language and a Proof-of-Transfer consensus mechanism to settle transactions on Bitcoin. Upcoming upgrades include sBTC, a Bitcoin-backed asset for secure movement of BTC in and out of the Layer 2, and the Nakamoto upgrade for faster blocks and full Bitcoin finality.

DIA is offering cutting-edge, transparent, and customizable oracle solutions to enable the safe and secure development of decentralized finance (DeFi) applications on Bitcoin Layer 2 networks. DIA's oracles are designed to seamlessly integrate with Bitcoin's native assets, provide broad data coverage, allow customization for specific use cases, and offer end-to-end transparency. The oracles harness a first-party data scraping architecture from decentralized and centralized exchanges to ensure accurate and reliable data feeds for DeFi platforms on Bitcoin Layer 2. DIA aims to revolutionize DeFi on Bitcoin Layer 2 with its advanced oracle solutions.

DIA, a decentralized organization, has announced the launch of a SAVM/USD price feed for the Satoshi Virtual Machine (SAVM) on the Bitcoin network. SAVM is a smart contract platform that enhances Bitcoin's utility. The new price feed leverages data from multiple sources and offers customization across over 50 blockchains. This development aims to facilitate transactions powered by the SAVM token on the Satoshi VM platform.

This article provides an informative overview of popular blockchain node providers such as Alchemy, QuickNode, Ankr, and OnFinality. It highlights their key features and importance in enabling connectivity to various blockchain networks. The content is presented in a factual and objective manner, suitable for a formal news publication.