Starlay partnership with DIA

DIA and Starlay announce a partnership to integrate DIA’s open-source and transparent oracles into Starlay’s lending platform to reflect accurate market prices.

We are thrilled to announce the partnership with DIA.

DIA is an open-source financial information platform that allows market actors to supply, share and use transparent, crowd-verified data and oracles for DeFi apps.

Through this partnership, Starlay will utilize DIA’s reliable oracles to integrate real-time market price data to update the collateral ratios of the lending platform. The integration of DIA’s powerful oracle infrastructure will help Starlay improve the security and privacy layers of its protocol.

Lending protocols are one of the core pillars of Decentralised Finace. Starlay is building a comprehensive set of features for lending on Astar for the first time, with a focus on Astar-native assets. DIA will ensure an smooth and resilient operation of the protocol with transparent and accurate data feeds on Astar. - Michael Weber, DIA Association President

We are proud to be a partner with DIA, a company with a great vision and presence. Through this partnership, we will be able to move one step closer to our vision, the expansion of Astar/Starlay ecosystem.We are looking forward to working with DIA and contributing to the development of the Astar ecosystem.
- Neo, Founder of Starlay Finance

About DIA

DIA (Decentralized Information Asset) is a cross-chain, end-to-end, open-source data and oracle platform for Web3 that utilizes crypto-economic incentives to source and validate data. Market actors can supply, share and use financial and digital asset data.

DIA data is simultaneously sourced at a trade level from multiple on-chain and off-chain sources and made available to developers on all relevant layer 1 and layer 2 networks.

About Starlay

Starlay is a non-custodial lending protocol on Astar Network. Depositors can provide liquidity to earn interest as a stable passive income, while borrowers can leverage their assets without selling them out.

Astar Network aims to be the biggest hub for the multi-chain era by bridging with Ethereum, Cosmos, and others. With Starlay Finance, the Astar ecosystem will be a huge marketplace for storing all kinds of tokens on any kind of chain.

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