DSLA Protocol v1.3 is here

DSLA Core Team
Written by DSLA Core Team
DSLA Protocol v1.3 is here

SLA Lifecycle Improvements

Dear community, the core development team of DSLA Protocol is pleased to announce that we have successfully deployed DSLA Protocol v1.3, to the Ethereum, Kovan and Harmony networks. 🎉

The DSLA.Network flagship application, allowing Proof-of-Stake delegators to insure their deposits against APR drops, has also been updated to interact with this version of the protocol.

Please refer to the official Github repository for detailed changes in the DSLA Protocol smart contracts. We will proceed with their verification on Etherscan, and on the new Harmony explorer, in the next couple of days.

DSLA Protocol v1.3 introduces an on-chain retry mechanism, to address the oracle failures that prevented some users from claiming their accrued DSLA balance.

It also enables DSLA contract owners to disable the lock-up period of users premium as they see fit.

Note that these features are only available at the protocol level for now, not in the DSLA.Network flagship application.

DSLA Protocol Availability Table

Network  Type  Contract Application Status
Ethereum Main network 0x69D491038b1ED64167814951CC39AAca04090561 https://dsla.network RUNNING
Kovan Test network (Ethereum) 0xc01EB12622809364b5eb5955c84B0165a0753B25 https://dsla.network RUNNING
Harmony Main network 0xC084329D3115eE3b2172DA953D3f880aB742620D https://dsla.network RUNNING

Important: DSLA Protocol v1.3 has not been deployed to Polygon at this stage. We can’t guarantee the availability of the protocol in this ecosystem, until further improvements of the indicators we are currently monitoring, including rising fees.

DSLA Protocol v1.3

Here is a summary of the in-house innovations included in DSLA Protocol v1.3:

  • Risk Hedging, enabling developers, users, and liquidity providers to trade risk with each other using Decentralized Service Level Agreements (SLA);
  • Reliability Forecasts, enabling third-party risk assessment at a glance, through the wisdom of the SLA marketplace and its participants;

  • Leveraged Premiums, enabling developers, users, and liquidity providers to better market their SLA contracts and modulate the cost of SLA premiums;

  • A Triple Token Design, to separate the functions of SLA enforcement, and tokenisation of SLA positions;

  • SLA Maintenance Rewards, to incentivise the creation of decentralized service level agreements, and the availability of subsequent reliability forecasts;

  • Native Token Burns, everytime a SLA is verified, to ensure the long-term sustainability of DSLA Protocol and utility of DSLA Token;

  • Programmable SLAs, enabling the addition of new types of SLAs and use cases over time, developed by the community;

  • Developer Tools, enabling developers to add risk management capabilities to their service, or design risk-aware customer experiences from scratch;

  • No Code Tools, enabling third-party service providers to add risk management widgets to their service, without technical knowledge.

About DSLA Protocol

DSLA Protocol

DSLA Protocol is a risk management framework that enables developers and infrastructure operators to reduce their users exposure to service delays, interruptions and financial losses, using self-executing service level agreements, bonus-malus insurance policies, and crowdfunded liquidity pools.

Its flagship use case is to offset the financial losses of proof-of-stake delegators and DeFi users, while incentivizing the good performance and reliability of staking pool operators and DeFi service providers such as Uniswap (AMM) and OpenSea (NFT).

To learn more about DSLA Protocol, please visit stacktical.com, browse our official blog, and follow @stacktical on Twitter.

DSLA Core Team

DSLA Core Team

The team behind DSLA Protocol, and the DSLA family of products.