AstridDAO Partners With DIA
AstridDAO Partners With DIA. DIA’s customizable and transparent price feed oracles will serve as one of the price sources and power AstridDAO, the Multi-collateral and decentralized stablecoin running on the Astar Network.
With this new partnership, DIA is delivering crowd-sourced price data feeds to power the AstridDAO protocol running on the Astar network. DIA will supply AstridDAO with accurate, reliable and transparent price feed for the asset pair Astar / USD.
DIA ensures high-quality and resilient data feeds, thanks to its crowd-sourcing approach, unique in the web3 data and oracle landscape. While most oracles depend on third-party centralized data providers, DIA simultaneously sources trade data directly from centralized and decentralized exchanges. To come up with the final price points, the aggregated data is computed and sanitized based on fully transparent methodologies and sources, enabling projects to have full control and clarity over the data they depend on.
With this new partnership, DIA is delivering crowd-sourced price data feeds to power the AstridDAO protocol running on the Astar network. DIA will supply AstridDAO with accurate, reliable and transparent price feed for the asset pair Astar / USD.
About DIA
DIA (Decentralized Information Asset) is a cross-chain, end-to-end, open-source data and oracle platform for Web3 that utilizes crypto-economic incentives to source and validate data. Market actors can supply, share and use financial and digital asset data.
DIA data is simultaneously sourced at a trade level from multiple on-chain and off-chain sources and made available to developers on all relevant layer 1 and layer 2 networks.
About AstridDAO
AstridDAO is a decentralized money market and multi-collateral stablecoin protocol built on Astar and for the Polkadot ecosystem, which allows users to borrow $BAI, a stablecoin hard-pegged to USD, against risk assets at 0% interest and minimum collateral ratio. This means you can use the value in your risk assets including $ASTR, $BTC, $ETH, $DOT, etc. without having to sell them.
➡️Source
https://medium.com/astriddao/astriddao-partners-with-dia-2ecc9e7043d2
