DIA Partnership with Arka Finance
Arka has officially integrated DIA’s price and Multi-Randomness oracles to support its Gamified DeFi protocol on Polygon.
DIA announces its partnership with Arka, to support the GameFi protocol on Polygon with transparent and reliable oracle services. DIA is officially supporting Arka’s on-chain operations with price and randomness oracles.
On one hand, DIA is delivering oraclised data feeds for a variety of digital asset prices. These price feeds will include the moving average of assets ASTAR, BTC, USD, MATIC, DOT and GLMR, and will support Arka’s Dual options.
On the other hand, DIA has deployed a dedicated Multi-Randomness oracle on Polygon for Arka. The oracle will power the lottery smart contracts of Arkas’ platform in a distributed and verifiable manner.
These requirements were transferred to DIA by submitting a DIA Custom Delivery Request (CDR) via the DIA DAO Forum and is publicly available to everyone. The Arka Finance CDR provides users with transparency on how the price data feeding the protocol is built.
Michael Weber, DIA Association President comments:
“We are excited to have Arka as one of DIA’s partners. With our newly released Multi-randomness oracle on Polygon we can provide new and innovative technology to one of the key features of Arka in a transparent and verifiable manner, and bring new functionality as an Oracle-provider to the blockchain. Arka will be the first one to use our technology like this, and we are sure many more will follow.”
About Arka
Arka is a Gamified DeFi protocol built on top of Polygon, aligning economic interests between devs, creators, and players for the creation of a sustainable long-term distributed DeFi ecosystem and creator economy. Arka aims to encompass classic DeFi functionality with a new gamified touch. This way, retail investors can combine investing with gamified DeFi like dual options, lotteries and crash games, offering new and innovative options to the regular joe.
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About DIA
DIA is a multi-chain, end-to-end, open-source data and oracle platform for Web3. The DIA platform enables the sourcing, validation and sharing of transparent. And verified data feeds for traditional and digital financial applications. DIA’s institutional-grade data feeds cover digital asset prices, NFT floor prices, lending rates, FX rates and more.
DIA’s data is directly sourc from a broad array of on-chain and off-chain sources at individual trade-level. This allows DIA feeds to be fully customise with regards to the mix of sources and methodologies, resulting in tailor-made, high resilience feeds and thereby setting a new paradigm for oracles.
SOURCE:
https://medium.com/dia-insights/partnership-with-arka-finance-f88363bab93f
