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Description
DIA (Decentralised Information Asset) serves as an open-source oracle framework that facilitates the sourcing, supplying, and sharing of reliable data among market participants. In the decentralized finance (DeFi) sector, access to trustworthy and scalable data feeds is crucial for developing dependable products and protecting against potential exploitation and manipulation. By utilizing crypto-economic incentives and community insights, DIA effectively sources, validates, and disseminates trusted financial information. The platform rewards participants who contribute to data sourcing and validation through bounties funded by DIA tokens. All information is gathered from primary sources and directed to DIA's servers, where the database is hashed on-chain for security. Additionally, all relevant scraper code and documentation are made available on GitHub. Users can access this data through API endpoints or Oracles, enabling lending platforms, index providers, prediction markets, and others to tap into DIA’s open-source and validated data streams freely. This collaborative approach not only enhances data integrity but also fosters innovation within the DeFi ecosystem.
Description
Sovryn is committed to maintaining high security standards through regular audits by multiple auditors and a robust bug bounty program. In addition, the platform plans to introduce more secure oracles to enhance decentralization further. To safeguard against the risks of undercollateralized loans, an insurance fund is maintained, to which 10% of interest generated is contributed. Upholding one of the core tenets of decentralized finance, Sovryn emphasizes interoperability and the creation of open-source code. Users can transact seamlessly using bitcoin directly from their wallets, eliminating any friction in the process. All transactions are processed on the bitcoin blockchain through the RSK bitcoin sidechain. As a decentralized margin trading platform, Sovryn does not require any KYC or AML verification, allowing users to retain their pseudonymity. This system empowers individuals to lend and trade without the need to entrust their keys to a centralized entity. With a focus on user autonomy, Sovryn ensures that your keys, coins, and control remain exclusively in your hands. Borrowers on the platform leverage their bitcoin to establish margin trading positions, effectively borrowing bitcoin from lenders to amplify their trading potential. Through this structure, Sovryn facilitates a dynamic and user-centric trading environment.
API Access
Has API
API Access
Has API
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
DIA Association
Founded
2018
Country
Switzerland
Website
diadata.org
Vendor Details
Company Name
Sovryn
Founded
2020
Website
www.sovryn.app/