DIA staking launch sparks free oracle access on over 15 chains
When DIA and Arbitrum slashed oracle costs, dApps surged. Now, that experiment scales. Avalanche, Somnia, and others join a program turning data feeds from a cost center into a growth catalyst.
According to a June 24 press release shared with crypto.news, DIA has launched its long-awaited mainnet staking program alongside a multichain Oracle Grants initiative, effectively eliminating oracle costs for developers across more than 15 blockchain ecosystems.
The move, backed by partnerships with Arbitrum, Avalanche, and emerging chains like Somnia, repurposes staking rewards into subsidized oracle fees for up to 12 months on participating networks, turning DIA’s infrastructure into a self-sustaining public utility.
The mechanics behind DIA’s self-funding oracle model
DIA’s model ties staking rewards on Lumina, the project’s fully onchain and trustless oracle stack, directly to usage. Each oracle update on the project’s rollup chain, Lasernet, generates a fee—recycled back into the network.
This creates a feedback loop: more developers using free oracles means more transaction volume, which in turn boosts staking rewards and enhances network security. Zygis Marazas, DIA’s Head of Product, describes it as “utility staking,” a departure from passive yield farming.
“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. This cryptoeconomic security is essential for our fully trustless oracle network, and we’re just getting started.” Zygis stated.
This approach builds on an earlier pilot with Arbitrum, where a 30,000 ARB grant funded DIA’s “Oracle Gasdrop” and led to a measurable spike in developer activity.
Now, with the new program, DIA is extending that same model across a broader landscape, committing over two million DIA tokens into chain-specific staking vaults. The implications could reshape how DeFi projects bootstrap liquidity. Oracles, long viewed as a non-negotiable expense, now function as a growth mechanism under DIA’s model.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Salesforce surges! Is the “software doomsday” over? Q3 guidance exceeds expectations, expands cooperation with Anthropic | Financial Report Insights
Salesforce reported Q2 revenue of $11.35 billion, up 11% year-on-year; net profit reached $3.53 billion, an 87% increase year-on-year. Q3 revenue guidance is between $11.42 billion and $11.5 billion, with remaining performance obligations for the period totaling $33.5 billion, both surpassing market expectations. AI product ARR is nearing $4 billion, with Agentforce surging 240% year-on-year. The company also announced an in-depth collaboration with Anthropic to launch "Claudeforce". Salesforce shares rose as much as 14% after hours.
Basent or reshaping US bond issuance strategy? Wall Street debates cutting long-term US bond issuance, November refinancing meeting becomes key
U.S. Treasury Secretary Janet Yellen's recent, more proactive involvement in the U.S. Treasury market is prompting Wall Street to reassess the government's future debt financing strategies.
"Depreciation trades" make a comeback! Gold and Bitcoin ETF attract about $7 billion in five days as two major scarce assets strengthen together
As concerns over the U.S. fiscal deficit, government debt, and the outlook for the dollar resurface in the market, investors are flocking to both gold and bitcoin simultaneously, instead of choosing between the two assets.
Nvidia's last quarter revenue doubled and exceeded expectations; this quarter is expected to surpass the $100 billion mark for the first time, with next fiscal year's growth guidance crushing estimates | Earnings Watch
In the second fiscal quarter, Nvidia reported its highest year-over-year revenue growth in two years, with data center revenue increasing 117% year-over-year and a gross margin steady at 75% compared to the previous quarter. The company recorded nearly $7.8 billion in net gains from equity securities for the quarter. For the third fiscal quarter, the midpoint of revenue guidance indicates a year-over-year slowdown to nearly 90%. Excluding data center computing revenue from China, this did not surpass the most optimistic institutional expectations. The gross margin guidance midpoint slipped to 74%, slightly below expectations. Nvidia stated that Rubin is accelerating into full-scale production. Jensen Huang said that AI has reached an inflection point, and computing power now translates directly into revenue. After the earnings report, shares initially dropped 4% in after-hours trading. However, as the earnings call revealed a projected 70% increase in next fiscal year revenue and Amazon pledged to substantially increase its adoption of Nvidia products, the stock rebounded to nearly a 5% gain after hours.
Crypto prices
More
