Following the KelpDAO hack, we built an open analysis of DVN security configurations across every active OApp on LayerZero over the last 90 days.
Of ~2,665 unique OApp contracts: 47% run a 1-of-1 DVN security floor, 45% run 2-of-2, and ~5% run 3-of-3 or higher.
As we know, KelpDAO's rsETH sat in the first bucket.
Open query, public methodology, feedback welcome:
https://t.co/7sQCMN1uCS
During the @ResolvLabs USR exploit, 80M unbacked tokens were minted against $200k in collateral. The oracle kept reporting $1.00 throughout. Automated allocators kept supplying USDC. For hours.
A hardcoded price feed has no mechanism to track reserve state. When supply expands without corresponding reserve growth, the feed cannot reflect that. From the protocol’s perspective, nothing looked wrong.
For reserve-backed assets, price alone is insufficient. A stablecoin’s value is defined by what backs it. Without a feed that verifies reserve state in real time, protocols have no signal that backing has broken down.
Addressing this requires two layers working together: a market feed tracking price, and a reserve verification feed tracking backing ratio in real time. When they diverge, that divergence is the signal that stops automated systems from compounding the damage.
@DIAdata_org builds both. Market feeds for liquid assets. Reserve-backing ratio and Proof of Reserves feeds for assets where value is defined by backing, not by trading.
💎 📹 How Staking & Grants Power the DIA Ecosystem
$DIA staking isn’t just about rewards; it’s a cryptoeconomic engine driving growth across 20 partner chains.
@dillonhanson12 and @0x_ziggy unpack how it secures the network and fuels builder adoption through DIA Oracle Grants.
💥 DIA Mainnet Staking is Now Live!
DIA mainnet staking does more than just secure the Lumina network. It supports builders.
Staking rewards powered by DIA's 20 chain partners flow directly into DIA Oracle Grants, eliminating oracle infrastructure costs for dApps.
🧵👇
💥 DIA Lumina Mainnet is now LIVE!
The era of black-box oracles is over. Let there be light.
DIA’s new oracle architecture Lumina is here, ushering in a new era of radical verifiability and trustless execution for onchain data.
🔳 Oracles have been black boxes for too long.
Billions in DeFi TVL trust insecure oracles, relying on opaque and unverifiable data. DIA Lumina rewrites the rules: fully on-chain, verifiable, and trustless.
In 7 days, the black box opens. Learn more ↓
We have a great chat with @dillonhanson12 at ETHDenver about @DIAdata_org's new rollup-powered oracle architecture—built for trustless, verifiable data feeds across DeFi, RWAs, and beyond.
#MediaPartnership
🚀 2024 Product Highlights
Launched DIA Lumina, a fully modular, rollup-enabled oracle stack, integrated 8 new data sources and now supporting 3,000+ assets across 50+ blockchains.
See the key product updates from 2024: https://t.co/zHMwdz7HNA
👀 $DIA Genesis Staking Goes Live Next Week!
Get ready to stake $DIA to secure the network and earn rewards. This is your chance to be part of DIA’s next big chapter.
Details dropping soon—stay tuned!
💥⛓️ DIA Lasernet is Live on Testnet!
We're thrilled to unveil Lasernet, the world’s first Layer-2 rollup purpose-built for oracle infrastructure. Developed in collaboration with cutting-edge scaling teams @conduitxyz, @Optimism, @CelestiaOrg, and @hyperlane.
Lasernet is designed to bring any data to any chain or rollup with no trust assumptions. Deploy your own oracle via Lasernet, permissionlessly.
🏗️ Modularly built with:
• Conduit: Rollup-as-a-Service partner streamlining Lasernet's deployment and operations.
• Optimism: The OP Stack framework powers Lasernet’s robust scalability with Ethereum-backed security.
• Celestia: Provides scalable data availability, ensuring seamless on-chain storage and retrieval of high-volume oracle data.
• Hyperlane: Enables cross-chain messaging, delivering oracle data to any blockchain, both EVM & non-EVM.
Mainnet is coming in early 2025. Get ready.
🔗 Explore more: https://t.co/F7SBdvzRFD
💥⛓️ DIA Lasernet is Live on Testnet!
We're thrilled to unveil Lasernet, the world’s first Layer-2 rollup purpose-built for oracle infrastructure. Developed in collaboration with cutting-edge scaling teams @conduitxyz, @Optimism, @CelestiaOrg, and @hyperlane.
Lasernet is designed to bring any data to any chain or rollup with no trust assumptions. Deploy your own oracle via Lasernet, permissionlessly.
🏗️ Modularly built with:
• Conduit: Rollup-as-a-Service partner streamlining Lasernet's deployment and operations.
• Optimism: The OP Stack framework powers Lasernet’s robust scalability with Ethereum-backed security.
• Celestia: Provides scalable data availability, ensuring seamless on-chain storage and retrieval of high-volume oracle data.
• Hyperlane: Enables cross-chain messaging, delivering oracle data to any blockchain, both EVM & non-EVM.
Mainnet is coming in early 2025. Get ready.
🔗 Explore more: https://t.co/F7SBdvzRFD
🏠 Introducing the Ultimate RWA Map!
Explore the most comprehensive directory of 60+ projects driving the tokenization of real-world assets (RWAs) in Web3.
From tokenized real estate to commodities, dive into the world of RWAs.
🔗 Full overview: https://t.co/xiIWDplh35
💥Introducing DIA Lumina: The Rollup-Enabled Oracle!💥
Unveiling DIA’s new trustless, decentralized oracle stack. Built modularly with cutting-edge Web3 technologies and fueled by a sustainable $DIA token utility model, Lumina is designed to meet the oracle needs of the most modern dApps and chains.
Let’s dive into what DIA Lumina brings to developers and how the $DIA token plays a crucial role:
✨ Key Benefits:
→ Rollup-enabled: Transparent, verifiable, on-chain data storage and computation happens on “Lasernet”, DIA’s native Ethereum Layer-2.
→ Cryptoeconomically secured: Independent nodes and stakers are incentivized to source and report accurate raw data.
→ Cryptographic security: Lumina plans to utilize Zero Knowledge coprocessors for data integrity and can incorporate future cryptographic verification methods.
→ Any asset from any chain: DIA sources first-party data directly from any source, ensuring the broadest coverage possible.
→ Deploy anywhere, fast: A cross-chain messaging protocol pushes data to any chain, ready for pickup.
🌐 The $DIA token will play a vital role in the DIA Lumina ecosystem:
→ Utility-driven staking incentives: Node providers and token holders stake $DIA to enhance network security, receiving tokens for their contributions to the system’s stability and functionality.
→ Tokenomic support and rewards: Revenue generated from oracle usage will be directed towards supporting a sustainable, long-term token model for DIA. This could theoretically include a range of mechanisms such as purchasing $DIA to enhance network participation and provide rewards to stakers, contributing to the ecosystem's value.
→ Gas fees: $DIA token is utilized as the gas token on Lasernet, accruing fees from transactions, further enhancing its functional utility.
👀 What’s Next:
→ Testnet coming soon with early-bird staking opportunities.
→ Full mainnet deployment and network expansion to follow.
→ Expect more in-depth information about DIA Lumina in the coming weeks and months
For a long time, America was the great distant protector of Germany and of Europe.
That's over now. Germany, and by extension Europe, must now stand up for their freedom or fall under the Russian bootheel.
https://t.co/5cp3QLa3Kw
🌿 Thrilled to launch Infra Gardens with our panel: "RaaS platforms: The needleye in the age of appchains?"
Dive into the future of Ethereum scalability and appchain integration with speakers from @DIAdata_org, @gelatonetwork, @Aleph__Zero, and @RandamuAG.
Meet the speakers 🧵