Skip to content
Ova News NG

Ova News NG

Ova News feed Aggr. V2

Primary Menu
  • HOME
  • NEWS
  • ENTERTAINMENT
  • SPORTS
  • POLITICS
  • WORLD NEWS
  • LIVE FOOTBALL SCORES
  • WATCH
  • Home
  • NEWS
  • Developers Get 12 Months Free Access to DIA Oracles via Staking-Backed Grants
  • NEWS

Developers Get 12 Months Free Access to DIA Oracles via Staking-Backed Grants

ovanews 10 months ago 2 min read
Share:

Developers Get 12 Months Free Access to DIA Oracles via Staking-Backed Grants

DIA, a provider of decentralised oracle services for DeFi and tokenised real-world assets, has announced a major expansion through its new Oracle Grants Program and a staking-based incentive model.

The initiative, now live across more than 15 blockchains, aims to eliminate cost barriers for developers by offering free access to DIA’s fully on-chain oracle infrastructure—Lumina—for up to a year.

The grant program is available to builders on major networks such as Arbitrum, Avalanche, and emerging platforms like Somnia. It builds on a successful pilot launched on Arbitrum, where DIA’s “Oracle Gasdrop,” funded by 30,000 ARB tokens, significantly boosted decentralised application development.

By removing upfront costs, DIA hopes to attract more developers to adopt its oracles. Commenting on this approach, Ben Greenberg of the Arbitrum Foundation noted that such models are essential for enabling innovation by lowering entry barriers.

Alongside the grants, DIA is launching a staking program designed to enhance both the usage and security of its Lasernet oracle system. With over 2 million DIA tokens allocated, the program allows users to stake tokens to help secure the oracle network. In return, staking rewards can be used by developers to cover oracle fees, enabling dApps to access oracle data on their respective blockchains at no cost.

Each participating blockchain has its dedicated staking vault, ensuring that rewards directly support oracle usage for projects on that specific network. This structure not only aligns incentives but also fosters scalable growth within individual ecosystems.

According to Zygis Marazas, DIA’s Head of Product, the initiative reflects a new approach to staking that focuses on practical utility. “It’s not just about earning rewards,” he explained. “It’s about contributing to a shared infrastructure. Every oracle update is an on-chain transaction, and every fee is recycled back into the ecosystem through our stakers.”

Share:

Related:

  • Vanguard Economic Discourse: How Nigeria can achieve food security – Experts
    Vanguard Economic Discourse:…
    NEWS
  • FAAC Disbursements Hits N5.8tn, Oil Gains, Tax Reforms Lift Revenues
    FAAC Disbursements Hits…
    NEWS
  • JET-A1: Middlemen defy regulator’s pricing band, raise price to N2,230/litre
    JET-A1: Middlemen defy…
    NEWS
  • JET-A1: Middlemen defy regulator’s pricing band, raise price to N2,230/litre
    JET-A1: Middlemen defy…
    NEWS
  • JET-A1: Middlemen defy regulator’s pricing band, raise price to N2,230/litre
    JET-A1: Middlemen defy…
    NEWS

Post navigation

Previous Turkey Introduces 72-Hour Withdrawal Delay to Fight Money Laundering
Next Texas Pioneers US First State-Backed Bitcoin Reserve

SECTIONS

  • ENTERTAINMENT
  • FOOTBALL
  • NEWS
  • POLITICS
  • SPORTS
  • Uncategorized
  • WORLD NEWS
  • LIVE FOOTBALL SCORES ⚽ ⚽ ⚽

[bzscore data-2="league" league-is="premier league" height="20%" country-is="england"]

Hey There!!., Get all Latest Ova News Feeds on the Go! 👋

Sign up to receive all Our latest News content Recap in your inbox every weekend.

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

Quick Links

  • News
  • Entertainment
  • Live Football Scores
  • Premier League Scores

Legal

  • About
  • Terms of Use
  • Privacy Policy

Connect with Us

  • News Media Partners
  • Contact Us
  • Advertise
Copyright © 2025 Ova News Network | Created by Ben Ova O. | All Rights Reserved. | Magnitude by AF themes.
pixel