DIA’s Autonomous Bonding Curve Distribution

DIA, the open-source DeFi oracle platform will distribute the DIA Governance Token through a Bonding Curve Distribution, starting August 03, 2020 at 3pm (CET) to key DeFi market actors and the broader DeFi and blockchain ecosystem.

DIA
DIA
Jul 7 · 3 min read
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Token Bonding Curve Offerings

In their short history, token allocation events have seen a rapid evolution. Following the first issuance of BTC, the ICO hype of 2017 and the ongoing adoption of digital securities, a new form of token generation ensures transparency and alignment of interests.

The DIA Bonding Curve Offering

In our view, a bonding curve offering implements the most efficient way of matching supply and demand, as well as most transparent price identification for the DIA Governance Token. The bonding curve will be the first distribution of tokens apart from early contributors of DIA, data validators that gained DIA tokens via Gitcoin for their work and input on our open-source database and are the cornerstone of the DIA community.

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Illustration of different bonding curves.

Details on DIA Bonding Curve Offering

  • Maximum supply (Hard Cap) for circulation: 30M DIA Tokens — 15% of total DIA supply. Non-sold tokens will be burned.
  • Start: 03.08.2020, 3pm CET
  • End: 18.08.2020, 3am CET
  • Duration: ≈14 days
  • Initial price: USD 0.05
  • Buy/sell spread: 1%
  • Currencies: ETH, DAI, USDC
  • Restricted jurisdictions: US, Iran and additional

Further Links


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About DIA

DIA (Decentralised Information Asset) is an open-source, financial information platform that utilises crypto economic incentives to source and validate data. Market actors can supply, share and use financial and digital asset data.

DIA Insights

Updates and insights about the developments on DIA — an…

DIA

Written by

DIA

DIA is a Swiss non-profit association that provides open-source access to crowd-verified financial and digital asset data.

DIA Insights

Updates and insights about the developments on DIA — an open-source platform for transparent, reliable financial and digital asset data built on blockchain.

DIA

Written by

DIA

DIA is a Swiss non-profit association that provides open-source access to crowd-verified financial and digital asset data.

DIA Insights

Updates and insights about the developments on DIA — an open-source platform for transparent, reliable financial and digital asset data built on blockchain.

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