|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
DIA Joins Forces with Stacks (STX) Ecosystem to Power DeFi Solutions on Bitcoin's Layer 2
Sep 11, 2024 at 10:00 pm
DIA, a decentralized oracle network focusing on customizable market data feeds, has joined forces with the Stacks (STX) ecosystem.
Decentralized oracle network DIA has partnered with the Stacks (STX) ecosystem, offering critical tools for building decentralized finance (DeFi) applications on Bitcoin’s (BTC) Layer 2.
The partnership will enable the integration of DIA’s oracle suite with Stacks to provide real-time price data for STX and SIP-10 tokens, among other assets.
According to the recent announcement shared with Finbold on Wednesday, September 11, the partnership aims to support builders in the Stacks ecosystem.
The integration of DIA, which was a top choice among builders in the Stacks ecosystem, will address key remaining needs related to Bitcoin DeFi on the Stacks layer.
Powering DeFi solutions on Stacks
With over 200 dApps and more than 50 blockchains supported, DIA’s data feeds will play a key role on Stacks, ranging from lending platforms to stablecoins and decentralized exchanges (DEXs).
Tycho Onnasch, co-founder of Zest Protocol, highlighted the importance of Oracle’s price feeds, especially for lending apps like Zest Protocol and the broader DeFi ecosystem on Stacks.
“As a team, we’re very excited to see the range of options expand so we can easily get reliable price data on the Stacks layer,” Onnasch added.
By integrating real-time price feeds into smart contracts and decentralized apps (dApps), developers can unlock a wide range of use cases, including collateralized debt positions (CDP), perpetual DEXs, and lending markets.
Moreover, Stacks developers will have free access to DIA’s price oracles, which will further promote innovation across the platform.
Operating with a decentralized approach, DIA aggregates data from more than 100 exchanges, ensuring that developers can rely on accurate pricing information.
The collaboration will also see the integration of Bitflow exchange data, providing price oracles for all assets traded on the platform.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Chainlink Conducts a Token Unlock of 18.75M $LINK Coins
- Sep 21, 2024 at 07:50 pm
- The statistics point out that this event stands as the most recent in a sequence of quarterly coin releases. At Binance, these assets potentially intend to serve for trading and liquidity purposes.
-
- Bitcoin Price Predictions: Analyst Kevin Svenson Bullish, Sees Potential for New All-Time Highs in Q4 2024
- Sep 21, 2024 at 07:45 pm
- Bitcoin's recent price jump of about 10% over the past two weeks has drawn attention from analysts and investors alike. One voice that stands out is Kevin Svenson, a well-known analyst and trader, who believes Bitcoin is on the cusp of achieving new all-time highs.
-
- Powerledger Expands Into the Solana Ecosystem, Citing Shared Values Amid Wider Interest in ReFi
- Sep 21, 2024 at 07:45 pm
- “At the heart of both Powerledger and Solana is a shared vision of innovation, sustainability and transparency"
-
- Ethereum (ETH), Ripple (XRP), Cardano (ADA), Binance Coin (BNB), and Solana (SOL): Market Resurgence in Focus
- Sep 21, 2024 at 07:35 pm
- The cryptocurrency market is experiencing a notable resurgence, with several key players showing significant price movements. This week, we focus on Ethereum (ETH), Ripple (XRP), Cardano (ADA), Binance Coin (BNB), and Solana (SOL) as they navigate through shifting market dynamics.
-
- Coinbase Wrapped BTC (cbBTC) Expands to Solana Blockchain
- Sep 21, 2024 at 07:35 pm
- Coinbase has confirmed plans to expand its wrapped Bitcoin token cbBTC to the Solana blockchain. This move follows the successful launch of cbBTC on Ethereum and Base networks just days prior.
-
- Bonk (BONK) Price Prediction: Is a 500% Surge in October Possible?
- Sep 21, 2024 at 07:35 pm
- SOL meme coin BONK has experienced significant growth over the past months, with recent price trends and market dynamics pointing to the potential
-
- Rexas Finance (RXS): A Hedge for ETH Investors
- Sep 21, 2024 at 07:35 pm
- The price drop witnessed recently by Ethereum has been alarming to the cryptocurrency market, especially because the investors with the highest ETH holdings are currently in a whale sell-off. This sell-off has placed Ethereum at its lowest against Bitcoin in over three years.
-
- The Cryptocurrency Market Began to Recover from Its Recent Slump, Which Ended on Sept. 6.
- Sep 21, 2024 at 07:35 pm
- Bitcoin's market dominance has surged to 58.54%, nearing a peak, while several altcoins have started outperforming it, signaling a potential shift in momentum.
-
- Today's Top Trending Coins: Turbo (TURBO) Emerges as the Speed King, Reflecting a Dynamic Shift in Investor Interest and Market Dynamics
- Sep 21, 2024 at 07:35 pm
- Today marks a significant day with Turbo (TURBO) emerging as the top trending coin on X, reflecting a dynamic shift in investor interest and market dynamics. This surge in popularity isn’t isolated; it’s part of a broader trend where digital assets are capturing the imagination of both novice and seasoned investors alike.