Partnership with Deficliq

DIA and Deflicliq announce a partnership to integrate DIA’s open-source and transparent oracles into Deficliq’s lending platform to improve its security and privacy layers.

DIA
DIA
Sep 10 · 2 min read

Deficliq claims to be the first company to provide both collateralized and uncollateralized loans in both P2P and traditional ways. The Deficliq platform offers to users many features such as DAO governance, staking, yield farming, interoperability and more, all in one Polkadot Substrate Project.

DIA announces a new partnership with Deficliq to fuel Deficliq’s platform with accurate and reliable on-chain data. Through this collaboration, Deficliq will utilise DIA’s trusted oracles to integrate real-time market price data to update the collateral ratios of the lending platform. The integration of DIA’s robust oracle infrastructure will help Deficliq improve the security and privacy layers of its protocol.

Michael Weber, DIA Association President comments:

“We are happy to be integrated into Deficliq’s lending platform as a trusted data provider. DIA oracles will ensure accurate market price data to enable a smooth UX of Deficliq’s platform.”

Shantanu Kumar, CEO of Deficliq adds:

“The people over DIA have a great vision and a robust plan to achieve that. We at deficliq are super excited to bring both the communities together and integrate their infrastructure internally to achieve our vision of making the protocol more secure and private.”

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 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

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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.