OKEx has listed Decentralised Information Asset (DIA), an open-source platform for transparent, community-verified price oracles for DeFi applications, and Kleros (PNK), an open-source online platform for dispute resolution.
DeFi protocols like Maker, Compound, Aave and Synthetix require oracles to deliver critical fundamental data, such as asset prices. These oracles are one of the essential building blocks for a DeFi ecosystem to function and grow, and they must meet the requirements of DeFi’s promise of transparency and independence.
DIA provides trusted price oracles for DeFi applications. As a Swiss-based nonprofit association, DIA strives to democratize financial data, with transparent data sources and methodologies that are publicly accessible to everyone — from DeFi platforms, traders and financial institutions, to information providers, regulators and financial authorities.
As DeFi grows, so does the need for effective solutions for dispute resolution and Kleros is currently solving disputes in matters including exchange-listing procedures. Kleros (PNK) is an open-source online platform for dispute resolution that uses blockchain and crowdsourcing to fairly adjudicate disputes. Development efforts are coordinated by Coopérative Kleros, a Société Coopérative d’Intérêt Collectif (SCIC) incorporated in France.
OKEx now lists a total of 19 DeFi tokens — and last week, it announced the creation of OKEx Oracle, its secure signed price feed that, like DIA, can be used by decentralized finance projects to gain access to reliable on-chain prices from a trustworthy source.