It’s a shame that Oracles has been in the shadows for too long. Most oracles are opaque, untrusted, and unverified.

DIA has stepped up to change the narrative by rolling out the Lumina oracles, which change the game. DIA Lumina will change the way we perceive oracles with the DIA Distributed Feeder Network (DFN).

In big words, DIA Distributed Feeders is an open, permissionless network of independent nodes that fetch, aggregate, and publish computed data points. I bet that bored you. well, think of feeders as a bunch of independent helpers spread out all over the internet. Their job is to grab raw data in real timestraight from places like CEXs, DEXs, NFT marketplaces, and other trading sources. Instead of trusting some shady middleman to spoon-feed the info, these feeders go right to the source themselves. Once they get the data, they send it to this DIA Lasernet,a special Ethereum Layer-2 setup. Here the data gets organized and double checked in a way that anyone can see and verify, all on-chain.

This way, it’s all transparent and no secret. Why this stands out is because all DeFi protocols, like DEX, CEX, lending, and staking platforms, need to be up-to-date with accurate data. But old-school oracles rely on company or a hidden process, giving room for manipulations and hacks. I think I have been able to explain how these feeders work, eliminating big terms. You should know that these feeder nodes execute three essential functions:

❐ Data fetching: Feeders fetch data off-chain and on-chain directly from first-hand data sources (CESXs, DEXs, etc.)

❐ Computation: The collected data are organized accurately off-chain.

❐ On-chain Submission: these price data are submitted to DIA Lasernet, which in turn makes them available to dApps and smart contracts.

Benefits of DFNsuch as:

➜ Successfully eliminating middlemen and third-party aggregators that permit opacity in data.

➜ Every process, from data fetching to data delivery, is made public and verifiable on-chain.