DIA announces the launch of Lumina and a partnership with Stacks

Source Fxstreet
  • DIA launched Lumina, a new architecture that maximizes decentralization and trustless execution. 
  • DIA’s version 2 architecture is designed to provide maximum flexibility, autonomy, and security for the latest Web3 builders.
  • DIA announces strategic partnership with Stacks ecosystem to bolster DeFi applications on Bitcoin’s Layer-2.

 

Decentralized Information Asset (DIA), a trustless Oracle network, unveiled its new Oracle architecture, “Lumina,” on Thursday. This version 2 DIA is designed to serve the latest Web3 builders with maximum flexibility, autonomy, and security. In addition, it struck a strategic agreement with the Stacks ecosystem to support Decentralized Finance (DeFi) apps on Bitcoin’s Layer 2.

DIA launches its latest version ‘Lumina’

DIA introduced Lumina, its latest architecture, on Thursday. This architecture aims to maximize decentralization and trustless execution while enhancing the utility of the native DIA token.

DIA Lumina uses Lasernet, an Ethereum layer-2 rollup, to settle critical data operations such as storage, computation, and verification. Lumina also employs staking incentives to drive decentralized data sourcing, utilize zero-knowledge for off-chain data verification, and cross-chain messaging to deliver Oracle data to any ecosystem. This innovation eliminates the need for third-party services, ensuring data quality and reliability, which is critical for decentralized applications.

DIA announces strategic partnership with Stacks 

On Thursday, DIA announced a strategic alliance with the Stacks ecosystem. DIA will be a strategic oracle provider for the major Bitcoin Layer-2, providing pricing oracles that allow developers to create strong, oracle-dependent DeFi applications for free.

“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.”, said DIA in its blog post.

The combination of technology improvements, strategic collaborations, and a focus on improving data integrity positions DIA as a potential project in the crypto and DeFi space. 

 

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Trump’s ‘Copper Tariffs’ June Countdown. US Copper Imports Surge, Will Copper Prices Hit New Highs?On May 27, Bloomberg reported that copper trading activity has intensified as market expectations of potential copper tariffs under a Trump administration heat up, prompting traders to sh
Author  TradingKey
10 hours ago
On May 27, Bloomberg reported that copper trading activity has intensified as market expectations of potential copper tariffs under a Trump administration heat up, prompting traders to sh
placeholder
Gold Falls Below $4,400 for First Time in Two Months. Institutions Lower Gold Price Forecasts as Market Expects PCE to Approach 4% During the Asian trading session on May 28, spot gold briefly fell below $4,400, hitting a low of $4,396.91, its lowest level since March 27. Gold futures also declined, with U.S. gold fu
Author  TradingKey
10 hours ago
During the Asian trading session on May 28, spot gold briefly fell below $4,400, hitting a low of $4,396.91, its lowest level since March 27. Gold futures also declined, with U.S. gold fu
placeholder
Bitcoin loses $73,000 as US-Iran escalation, ETF outflows deepen crypto market sell-offThe broader cryptocurrency market is down $2.45 trillion on Thursday, from $2.54 trillion the previous day, led by Bitcoin’s (BTC) decline below $73,000.
Author  FXStreet
10 hours ago
The broader cryptocurrency market is down $2.45 trillion on Thursday, from $2.54 trillion the previous day, led by Bitcoin’s (BTC) decline below $73,000.
placeholder
Iran-U.S. MOU Details Disclosed. Gold Drops to $4,400 Mark Hitting New Low Since March 30; Two Major Crude Oil Futures WeakenAccording to Iranian sources, a "preliminary informal document" regarding the framework of a memorandum of understanding between Iran and the United States has been disclosed, covering is
Author  TradingKey
17 hours ago
According to Iranian sources, a "preliminary informal document" regarding the framework of a memorandum of understanding between Iran and the United States has been disclosed, covering is
placeholder
Gold flatlines near $4,450 on US-Iran uncertainties, US PCE inflation data loomsGold price (XAU/USD) trades on a flat note around $4,455 during the early Asian session on Thursday. The precious metal steadies as US-Iran peace negotiations face uncertainties.
Author  FXStreet
17 hours ago
Gold price (XAU/USD) trades on a flat note around $4,455 during the early Asian session on Thursday. The precious metal steadies as US-Iran peace negotiations face uncertainties.
goTop
quote