Blockchain and Cryptocurrency Beginner - About DIA Cross-Chain Oracle Platform

in Project HOPE5 days ago

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DIA which is the short form Decentralized Information Asset, is a very popular and one of the top blockchain oracle projects in the crypto space at the moment. The DIA project was founded 4 years ago in 2018. The project was co-founded the association leaders Paul Claudius, Michael Weber and Samuel Brack and a host of other co-founders. The DIA project was created as an open source oracle platform that allows other parties in the market to share trustable data.

The DIA project is an ecosystem of its own, providing the link between offchain data from various sources and onchain smart contracts data that can be used for the development of DeFi applications and other financial DApps. One of the main aims of the DIA project is to become the Wikipedia of financial data. DIA provides solutions to the issue of difficult to access data in most especially the world of DeFi. The main usecases of DIA are; DeFi interest rates, crypto volatility index, farming pool data.

The main mission of the DIA is to eliminate exploitation and manipulation and provide trustable and scalable data feeds that can be used to build DeFi applications. DIA is one of the growing blockchain protocol projects in the crypto space at the moment with a lot of popularity and use cases. DIA has a pretty decent size community, with over 34k followers on twitter and over 9k members in the telegram group. DIA also have community on other social channels like youtube, medium, Linkedin.

Features of DIA

  • Ability to source any on-chain and off-chain data
  • Customization
  • Delivery
  • Accessibility
  • Open-Source
  • Community-Verified Data.

DIA Token

DIA token is the governance token of the DIA ecosystem, it is an ERC-20 token on the ethereum blockchain. The main usecase of the DIA toke is to be used as a governance token, used to vote on decisions on the DIA ecosystem and also provide incentive for the DIA platform development. Access to DIA is free since it is an open source platform, however, DIA token holders can stake their DIA tokens so as to incentivize new data on the platform. The DIA token is also used to access live data streams and specific APIs, and also used to validate data through staking.

DIA Exchanges

DIA token is currently listed on a variety of the top exchanges such as Binance, Kucoin, Okex, Hotbit, Uniswap, Gate, Poloniex and a number of other exchanges.

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