Buy DSLA Protocol (DSLA)

What is DSLA Protocol?

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.

How does DSLA Protocol work?

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.

What are the potential use cases for DSLA Protocol?

The use cases for DSLA Protocol are diverse and include:

• Proof of Stake Delegation: Providing risk management for staking on PoS networks like Polkadot and Cosmos, incentivising operators to maintain performance.
• DeFi Risk Management: Hedging against risks like impermanent loss in DeFi applications.
• Enterprise Solutions: Offering risk management for Layer 2 infrastructure and applications in internet services, logistics, and supply chain sectors.
• Environmental Monitoring: Implementing solutions to enforce clean air quality standards and other environmental measures.

What is the history of DSLA Protocol?

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.