DIA Insights
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DIA Insights

Partnership with Polkalokr

We are excited to announce a new partnership with Polkalokr to integrate DIA’s transparent oracles into Polkalokr’s locking platform to enable event-based token distributions.

Polkalokr is the first all-in-one, multi-chain token locking and escrow platform with built-in privacy functionality. Polkalokr’s products LOKR and SWAPR help build trust within the DeFi space by removing the human element and focusing on governance through code, with a seamless, omni-channel digital experience platform.

Powered by Polkadot, Polkalokr is aiming to improve the trust and simplicity of token ecosystems by creating a highly customizable multi-chain token escrow platform, named LOKR, and is also developing a cross-chain token swap protocol, named SWAPR.

Through this partnership, Polkalokr will integrate DIA’s trusted oracles to feed the platform with transparent and verified, on-chain and off-chain data feeds. These feeds will enable Polkalokr to execute token distributions based on specific on-chain and off-chain data.

Michael Weber, Founder and Association President of the DIA Association says:

“We are very excited to kick off this partnership and enable Polkalokr’s core products LOKR and SWAPR interact with DIA oracle to trigger event-based distributions. We are devoted to continuing building blocks in the DeFi ecosystem and support projects like Polkakolkr focused on creating trust through technology.”

Imran Ashfaq, CEO and Co-Founder of Polkalokr adds:

“In today’s world, token vesting is time-based, however, with the integration of DIA’s data feeds, we will soon be able to offer an expansive number of event-driven unlocking scenarios.

DIA has been key for numerous projects’ data feeds and we are happy with their methodology and philosophy. We look forward to integrating DIA data feeds to provide projects new functionality such as the ability to unlock seed or private investor’s tokens when a particular price has been reached.”

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.



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