The open-source oracle platform for decentralised finance DIA introduced at the moment its entry into the Fantom ecosystem by making its information provision out there on Fantom’s Opera Mainnet. This new integration will allow groups working on Fantom to develop use instances resembling stablecoins, stakings rewards, lending and borrowing, DEXs and plenty of extra.
Fantom is a quick, scalable, and safe layer-1 blockchain platform, constructed with Fantom’s aBFT consensus protocol. The Fantom Network is suitable with Ethereum’s Virtual Machine (EVM), permitting builders to deploy and run Ethereum dApps on Fantom. On Fantom, transactions are confirmed in round a 1 second and value on common one cent.
With a total value locked of almost $5 billion, the Fantom ecosystem is repeatedly rising with many DeFi protocols already working within the chain. Some of the best-heard dApps embody AnySwap, SushiSwap, Yearn Finance, Abracadabra, Beefy Finance and plenty of extra.
Blockchain functions, whatever the native community, require correct and real-time information from the skin world to execute their underlying transactions. Through this newest integration with Fantom’s Opera Mainnet, DIA is enabling good contracts on the community to have entry to +6.000 cryptocurrency and +20.000 conventional monetary asset feeds.
To supply such a broad vary of knowledge feeds, DIA’s group of builders scrape information straight from on-chain sources or CEX APIs at particular person commerce degree. Any information feed that’s publicly accessible will be sourced, no matter whether or not it’s listed on exchanges and what its buying and selling quantity is.
As many Fantom initiatives function their belongings solely on the Fantom blockchain and are traded solely on Fantom DEXs, DIA is particularly sourcing information feeds of Fantom Network native belongings. To accomplish that, DIA scrapes data straight from Fantom native markets resembling SpookySwap.
Fantom is the most recent blockchain community that DIA has aggregated to its cross-chain oracle providing. In reality, within the final weeks, DIA has been asserting new integrations with many relevant DeFi ecosystems together with Solana, Celo, Arbitrum, Avalanche, Moonriver, Near, amongst others.