DSLA Protocol is a risk management framework designed to reduce users' exposure to service delays, interruptions, and financial losses within various infrastructures and decentralised finance (DeFi) services. It aims to provide a decentralised solution for infrastructure operators and developers to manage risks and protect users, using smart contracts to create service level agreements (SLAs) that can automatically trigger compensations when service failures occur.
DSLA Protocol operates on a triple token model involving DSLA, DSLA-SP, and DSLA-LP tokens, which enable the creation of SLAs. It leverages smart contracts to define the terms, conditions, and triggers of these SLAs, using service level objectives (SLOs) and service level indicators (SLIs). These contracts are stored on the blockchain, ensuring they are immutable and tamper-proof. The DSLA Protocol is compatible with multiple networks, including Ethereum, Arbitrum, and Polygon, further enhancing its flexibility and reach.
The use cases for DSLA Protocol are diverse and include:
Originating from Stacktical, a French company co-founded by Wilhem Pujar, DSLA Protocol was launched on May 16, 2017, and has since reached several milestones, including mainnet launch and key partnerships with organisations like the Web3 Foundation and Harmony. The protocol's expansion through the DSLA Maxima initiative into various blockchain networks such as Polygon, Tezos, and Avalanche, marks significant technological and market presence growth. The protocol also enabled cross-chain DSLA transfers, which further enhanced its functionality and interoperability.
The DSLA Protocol price is $0.00057364 AUD, representing a -0.62% from the day prior.
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The trading volume of DSLA Protocol (DSLA) is $153.7K AUD in the last 24hrs, representing a -0.62% from the day prior.
DSLA Protocol (DSLA) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
The current market cap of DSLA Protocol (DSLA) is $3.0M AUD.
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The current circulating supply of DSLA Protocol (DSLA) is 5.6B.
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