In this article, What is DIA Coin? We will answer the question and provide detailed information about the project.
What is DIA Coin?
DIA is an open source financial information platform that leverages crypto-economic incentives to source and validate data and acts as a price prophet for both centralized and DeFi applications.
DIA tokens have the following functions:
Management: DIA token can be used to vote, allowing a decentralized community to run the platform autonomously.
Verification: DIA tokens can be staked to encourage validation of current price oracles and can also be used to manage disputes.
Payment: Historical data can be accessed for free, while access to live data streams and certain APIs can be purchased with DIA tokens.
DIA uses 25MM DIA Governance tokens (12.5% of total supply) to promote token retention through distribution of interest earnings to players of the 1st ecosystem, 2nd to reward the use of tokens by financing data source, validation and platform development, and 3. committed to realizing innovation by promoting resource development
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