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DeFi News

DIA Launches Free Oracles on 15+ Chains via Grants and Staking

Written By Jalpa Bhavsar
Fact Checked by Kritika Mehta
Published 2025-06-25
Make The Crypto Times preferred on GoogleGoogle
DIA Launches Free Oracles on 15+ Chains via Grants and Staking

DIA, a company that provides trustless oracle services for DeFi and real-world assets (RWA), has launched a new mainnet staking program and a multichain initiative called “Oracle Grants.” Thanks to partnerships with over 15 blockchains, DIA’s Oracle Grants Program helps projects by covering the cost of using oracles for up to 12 months.

It means developers on popular networks like Arbitrum and Avalanche, and even newer chains like Somnia, can access DIA’s reliable and fully on-chain oracle services (called Lumina) for free right away. DIA first tested its grant program on Arbitrum with an “Oracle Gasdrop” funded by 30,000 ARB tokens that helped boost the number of new dApps. This successful pilot showed how removing costs can attract more developers.

Arbitrum Foundation’s Ben Greenberg praised, “Removing cost barriers for builders is key to unlocking innovation. DIA’s model is a powerful example of how ecosystem funding can drive real impact.”

Staking Program to Boost Oracle Use and Security

DIA is also starting a new staking program using over 2 million DIA tokens. Here’s how it works:

  • To contribute to the security of the Lasernet oracle system, users stake DIA tokens.
  •  Developers can access partner blockchains for free by using the staking rewards to cover the oracle fees.
  •  As more developers use DIA’s oracles, the network earns more fees, which are then returned to stakers and help grow the network further.

Each blockchain involved has its own staking vault, so the rewards go directly toward supporting oracle services for that specific chain’s dApps. This helps the ecosystem grow in a focused and scalable way.

Zygis Marazas, Head of Product at DIA, said the system benefits everyone. He stated, “Staking on Lumina is not just about yield—it’s about utility and alignment. Every DIA oracle update is an on-chain transaction on Lasernet, every transaction’s fee is reinvested into the system, and every staker plays a critical role in securing our data pipeline.”

Also Read: Kraken’s Ink L2 Sees On-Chain Spike Ahead of INK Token Airdrop

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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