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DIA | Cross-Chain Oracles for Web3

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DIA | Cross-Chain Oracles for Web3

@DIAdata_org

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🔥 DIA Integrates Stacks, Bringing Oracles To Bitcoin DeFi Builders Selected by leading builders in the @Stacks ecosystem, DIA will be a strategic oracle provider for the leading Bitcoin L2, deploying price oracles that empower developers to build robust, oracle-dependent DeFi applications free of cost. 🌐 DIA Brings Oracles to Stacks The integration of DIA’s oracles into the Stacks blockchain marks a key development for the Stacks ecosystem. With DIA oracles live, Stacks developers will have access to reliable, real-time price feeds for a wide range of Stack-native assets. These price oracles enable DeFi protocols such as lending platforms, and stablecoins to integrate these assets into their applications and offer further utility and use cases. 🤝 Benefits of the DIA-Stacks Integration The integration of DIA’s price oracles into the Stacks ecosystem offers several key advantages: • Free Access: Developers on Stacks can freely access DIA’s price oracles, empowering them to create a wide range of decentralized finance (DeFi) applications without the barrier of cost, encouraging innovation across the ecosystem. • Transparency: The price feeds are powered by DIA’s proprietary system, which pulls transparent data from over 90 exchanges, ensuring the accuracy and openness of the information provided to dApps. • Reliability: DIA’s proven oracles, already supporting more than 200 dApps and over 50 chains, ensure that decentralized applications on Stacks will operate with reliable and robust data, essential for their smooth functioning. ℹ️ Learn more about the Stacks x DIA integration on our latest blog post:

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💥Introducing DIA Lumina: The Rollup-Enabled Oracle!💥 Unveiling DIA’s new trustless, decentralized oracle stack. Built modularly with cutting-edge Web3 technologies and fueled by a sustainable $DIA token utility model, Lumina is designed to meet the oracle needs of the most modern dApps and chains. Let’s dive into what DIA Lumina brings to developers and how the $DIA token plays a crucial role: ✨ Key Benefits: → Rollup-enabled: Transparent, verifiable, on-chain data storage and computation happens on “Lasernet”, DIA’s native Ethereum Layer-2. → Cryptoeconomically secured: Independent nodes and stakers are incentivized to source and report accurate raw data. → Cryptographic security: Lumina plans to utilize Zero Knowledge coprocessors for data integrity and can incorporate future cryptographic verification methods. → Any asset from any chain: DIA sources first-party data directly from any source, ensuring the broadest coverage possible. → Deploy anywhere, fast: A cross-chain messaging protocol pushes data to any chain, ready for pickup. 🌐 The $DIA token will play a vital role in the DIA Lumina ecosystem: → Utility-driven staking incentives: Node providers and token holders stake $DIA to enhance network security, receiving tokens for their contributions to the system’s stability and functionality. → Tokenomic support and rewards: Revenue generated from oracle usage will be directed towards supporting a sustainable, long-term token model for DIA. This could theoretically include a range of mechanisms such as purchasing $DIA to enhance network participation and provide rewards to stakers, contributing to the ecosystem's value. → Gas fees: $DIA token is utilized as the gas token on Lasernet, accruing fees from transactions, further enhancing its functional utility. 👀 What’s Next: → Testnet coming soon with early-bird staking opportunities. → Full mainnet deployment and network expansion to follow. → Expect more in-depth information about DIA Lumina in the coming weeks and months

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💥 Missed our AMA yesterday? We talked about: • The future of oracles with DIA Lumina • Enhanced $DIA token utility • Our go-to-market strategy • How YOU can get involved Read the full recap before the big reveal 👀 ↓ https://www.diadata.org/blog/post/community-ama-september-2024/

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💥 Oracles, reimagined #Luminati

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💬 Community AMA Reminder Join us tomorrow at 13:30 for our much-anticipated community #AMA, as we dive into what's to come for DIA in the near future. 📍 https://t.me/DIAdata_org

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