Announcing DSLA Maxima “Tezos Edition”

DSLA Protocol for Tezos

DSLA Protocol enables anyone to add a service level agreement on top of any third-party service, to reduce customers exposure to infrastructure risks and incentivise the connectivity, performance and availability of services, networks and applications over time.

To bring our developer community access to more technologies, we are proud to announce that following the availability of XTZ Baking Agreements in DSLA Protocol this year, we will also launch DSLA Maxima “Tezos Edition”, a maximalist port of DSLA Protocol to the Tezos network.

DSLA Protocol wouldn’t be where it stands today without bakers, the node operators of the Tezos network.

They are the very first cryptocurrency community we spoke too in 2018, when we had the idea to bring risk management to the masses using decentralized service level agreements. At the time we were looking for a flagship use case with realistic chances of adoption and a compelling ways to demonstrate the capabilities of our protocol.

It increasingly became obvious, through our frequent discussions with bakers from around the world, that DSLA Protocol should focus on baking risk reduction at launch.

Baking SLAs & Tezos Hedging Products

As we recently announced, our immediate collaboration with Nomadic Labs, core Tezos developers, will focus on adding support for $XTZ Baking Agreements to the DSLA.network flagship application.

$XTZ Baking Agreements compensate $XTZ delegators for drops in $XTZ baking rewards, while rewarding $XTZ bakers for their ability to endorse and validate Tezos blocks.

Later this year, DSLA Protocol will be deployed as smart contracts on the Tezos network, serving the same purpose, but with a strong focus on the Tezos DeFi and NFT ecosystem, hence the “Maxima” codename.

Our Tezos-native edition of DSLA Protocol will enable developers to add risk management and parametric insurance capabilities to their applications built on Tezos.

About DSLA Protocol

DSLA Protocol is a risk management framework that enables infrastructure operators and developers to reduce their users exposure to service delays, interruptions and financial losses, using self-executing service level agreements and bonus-malus insurance policies.

Its flagship use case is to offset the financial losses of proof-of-stake delegators and DeFi users, while incentivizing the good performance and reliability of staking pool operators and DeFi service providers such as Uniswap (AMM) and OpenSea (NFT).

To learn more about DSLA Protocol, please visit stacktical.com, browse our official blog, and follow @stacktical on Twitter.

Originally published at https://blog.stacktical.com on March 11, 2021.