DIA Partnership with GTON Capital

Published on: 08.07.2022

DIA Partnership with GTON Capital to provide a more reliable and secure data on GTON Network.

GTON Capital will integrate DIA’s transparent and reliable data and oracle infrastructure into GTON Network which will enable a more transparent and secure DeFi ecosystem. GTON Network has its own EVM optimistic rollup solution. In order to make it usable for DefI developers the task of price feeds delivery must be solved. And now announcong DIA partnership with GTON Capital.

There are two issues with centralization for the data feeds:

  1. The data source and its aggregation
  2. On-chain delivery and on-chain data aggregation.

First is solving the issue of wrong data from origin data source: website, exchange, aggregator. Second is solving the issue of malicious data providers: oracle, rpc, connector, smart contract.

DIA, the end-to-end, open-source data and oracle platform, is solving both issues.

Initially GTON Capital will utilize aggregated data sources from DIA’s API.  Later on, we’ll start working on integrating DIA’s price oracle smart contracts into GTON Capital DONs (decentralised oracle networks).

GTON Features

  • Scaling Ethereum with an L2 rollup, where user’s assets are stored in revenue-generating vaults and can be redeemed at any time.
  • A Multi-Collateralized Stablecoin with a real use case as a Native Currency for L2
  • Bonding unlimited monetization of the protocol’s treasury
  • Royalty distribution of the protocol and infrastructure among the community.
  • Control of Protocol Capitalization by governance.

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About DIA Protocol

DIA is a multi-chain, end-to-end, open-source data and oracle platform for Web3.

Website | Twitter

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About GTON Capital

GTON Network – an Ethereum scaling solution (L2-Rollup) which is utilising its own collateralized stablecoins as a gas currency.

  • GTON Network – Community-governed Ethereum rollup protocol with a multi-collateral stablecoin as its native currency.
  • GTON Dollar – multi-collateralized stablecoin protocol with a real use case as a native currency for GTON Network rollup.
  • Treasury Protocols – GTON Bonds which are the primary mechanism to establish the inflow of funds into the treasury, and hence to stimulate the growth of the network. Also, Pathway as a protocol for CEX/DEX liquidity management, and staking of GCD and GTON tokens with a sustainable APR.

Website | Twitter

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SOURCE

https://mirror.xyz/0x8c8b81208C7B7F71CD3279A31F48F1A37bda5df0/EX5k2SJLJ4fWDxfIjFfc7Vo4Sxb2f_Da-o8jyc6SJgs

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