DSLA Protocol Price (DSLA)
$0.00068356
7.57%
DSLA Protocol Price Chart (DSLA/USD)
Last updated 22 Jun 2022, 09:10AM UTC. Currency in USD.
Markets
# | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
---|---|---|---|---|---|---|
1 | KuCoin | DSLA / USDT | $0.00353987 | 0.27% | $314,581 | |
2 | MEXC Global | DSLA / USDT | $0.00071523 | 0.99% | $241,689 | |
3 | Gate.io | DSLA / USDT | $0.00070762 | 1.02% | $20,427 | |
4 | KuCoin | DSLA / BTC | $0.00071908 | 1.93% | $9,161 | |
5 | Bilaxy | DSLA / ETH | $0.00136251 | 1.51% | $24,674 | |
6 | Gate.io | DSLA / ETH | $0.00070914 | 3.67% | $20,728 | |
7 | Hoo.com | DSLA / USDT | $0.00083034 | 1.85% | $32,202 | |
8 | ProBit Global | DSLA / USDT | $0.00145147 | 13.61% | $100 |
DSLA Price Statistics
- DSLA Protocol Price Now $0
- 24h Low / 24h High $0 / $0
- Trading Volume $179,716
- Market Cap Rank #1210
- Market Cap $3,630,344
- Volume / Market Cap 0.0495
-
All-Time High
$0 -97.18%
Apr 04, 2021 -
All-Time Low
$0 17,659.47%
Dec 31, 2019
DSLA Protocol: Empowering Trust in the Cryptocurrency World
Cryptocurrency has revolutionized the way we handle transactions and store value. However, one prevailing challenge in this space is the issue of trust. Introducing DSLA Protocol, a groundbreaking solution that aims to address this concern head-on.
Enhancing Trust through DSLA Protocol
DSLA Protocol is an innovative blockchain project that brings trust and reliability to the decentralized finance (DeFi) and cryptocurrency ecosystem. It tackles the notorious problem of service-level agreements (SLAs) by providing a decentralized platform where users can establish and enforce trustless guarantees.
How does DSLA Protocol work?
DSLA Protocol uses decentralized service level agreements (DSLAs) to enable users to protect themselves against poor quality services or underperformance. By leveraging blockchain technology and smart contracts, the protocol ensures the timely and automated distribution of compensation if predefined service level objectives (SLOs) are not met.
The Role of DSLA Tokens
To power its ecosystem, DSLA Protocol relies on DSLA tokens, which serve a variety of important functions. DSLA tokens are used for staking to become a guardian, creating SLAs, and securing DSLA Protocol's decentralized oracle database. Additionally, these tokens enable users to participate in key governance decisions regarding the future development and direction of the protocol.
Benefits of DSLA Protocol
DSLA Protocol offers several advantages to its users:
1. Trustless Agreements: DSLA Protocol eradicates the need for trust by implementing smart contracts on the blockchain, ensuring transparent enforcement of SLAs.
2. Automated Compensation: If predefined SLOs are not met, DSLA Protocol automatically allocates compensation to affected users based on the terms of the agreement.
3. User Empowerment: DSLA tokens allow users to actively participate in protocol governance, ensuring their voices are heard in important decision-making processes.
Use Cases for DSLA Protocol
DSLA Protocol has a broad range of potential use cases across various industries. Some examples include:
- DeFi: DSLA Protocol can be utilized to ensure that specified financial services meet the agreed-upon standards. This enables users to trust decentralized finance platforms without worrying about performance issues or security breaches.
- Cloud Computing: By implementing DSLA Protocol, cloud computing service providers and consumers can establish guarantees and trust while preventing downtime or data loss.
- Gaming: DSLA Protocol can play a pivotal role in the gaming industry by enabling gamers to trust platforms handling in-game assets, ensuring fair gameplay, and protecting against any service disruptions.
The Future of Trust in Cryptocurrency
As the cryptocurrency space continues to evolve, trust remains a critical element for widespread adoption. DSLA Protocol's commitment to enhancing trust through decentralized service level agreements paves the way for a more reliable and secure ecosystem. By empowering users and ensuring automated compensation, DSLA Protocol is reshaping the future of trust in cryptocurrency.