πŸ”— Participating Networks

One of the key objectives of the DSLA Incentivized Beta is to demonstrate how DSLA Protocol de-risks the staking experience, incentivize the Quality of Service (QoS), and enable the decentralization of some of the best blockchain networks in the industry.

To support a network, DSLA must be able to monitor and index its staking activity, so that information can be used to enforce DSLA contracts, unlock claims and trigger payouts.

When a new network becomes available on DSLA, it either means that they are an official partner, or that we are adding them to DSLA Protocol by popular demand.

Official Beta Partners

Harmony Protocol (ONE)

πŸ” DSLA Use Case

ONE Delegators will be able to purchase protection against delegation risks, by signing DSLA contracts and staking bDSLA tokens to the DSLA contract pool.

ONE Validators will be able to sell protection against delegation risks, by creating DSLA contracts and staking bDSLA tokens to the DSLA contract pool.

πŸ“œ DSLA Contract Types

DSLA contracts will provide ONE stakeholders with a hedge against staking efficiency drops, while enabling anyone to earn rewards for protecting ONE staking deposits against this risk.

Please refer to the DSLA Contract Types section of this guide to learn more about the different types of risks covered by DSLA Protocol during and after the incentivized beta.

About Harmony Protocol (ONE)

Harmony is a fast and open blockchain for decentralized applications. Through secure and random state sharding, the Harmony Mainnet supports thousands of nodes that produce blocks in a few seconds with instant finality. The protocol’s Effective Proof-of-Stake (EPoS) staking mechanism reduces centralization while supporting stake delegation, reward compounding and double-sign slashing.

Band Protocol (BAND)

πŸ” DSLA Use Case

BAND Delegators will be able to purchase protection against delegation risks, by signing DSLA contracts and staking bDSLA tokens to the DSLA contract pool.

BAND Validators will be able to sell protection against delegation risks, by creating DSLA contracts and staking bDSLA tokens to the DSLA contract pool.

πŸ“œ DSLA Contract Types

DSLA contracts will provide BAND stakeholders with a hedge against staking efficiency drops, while enabling anyone to earn rewards for protecting BAND staking deposits against this risk.

Please refer to the DSLA Contract Types section of this guide to learn more about the different types of risks covered by DSLA Protocol during and after the incentivized beta.

About Band Protocol (BAND)

Band Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts. Blockchains are great at immutable storage and deterministic, verifiable computations β€” however, they cannot securely access data available outside the blockchain networks. Band Protocol enables smart contract applications such as DeFi, prediction markets, and games to be built on-chain without relying on the single point of failure of a centralized oracle. Band Protocol is backed by a strong network of stakeholders including Sequoia Capital, one of the top venture capital firms in the world, and the leading cryptocurrency exchange, Binance.

By Popular Demand

Polkadot (DOT)

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πŸ” DSLA Use Case

Polkadot relies on a Nominated Proof of Stake (NPoS) system, where nominators back validators with their own stake as a show of faith in the good behavior of the validator.

DSLA contracts will provide DOT token nominators with a hedge against staking efficiency drops, while enabling anyone to earn rewards for protecting DOT staking deposits against this risk.

This will allow DSLA to enable Polkadot validators to become provably trustworthy validators, even if they lack the track record and brand recognition to convince nominators to back them.

Are there more networks coming?

Yes! But not necessarily for the beta.