What is DSLA Protocol?
DSLA Protocol is a risk management framework for developers that enables building infrastructures with reduced service delays and interruptions. Its main targets are Proof-of-Stake delegators and DeFi users. In order to encourage operators and DeFi service providers, the protocol offers rewards for performance, connectivity, and availability of the staking pool.
It operates on the basis of smart self-executing service level agreements, crowdfunded liquidity pools, and insurance policies. In essence, DSLA Protocol simplifies the creation, monitoring, and enforcement of service-level agreements by using decentralized blockchain technology to remove intermediaries. It aims to become a high-efficiency decentralized framework, providing the best user experience in regard to the provider’s performance, modeling techniques, and release management. In short, it aims to fulfill the original mission of service-level agreements without many of its downsides.
Use Cases of DSLA Tokens
The DSLA Protocol crypto project is powered by the DSLA token, which is an ERC-20 utility token used for fueling the protocol. It is utilized for the issuance of service-level agreements by the entities working as liquidity providers. Also, the tokens are allocated to participants as a reward for completing maintenance tasks.
Check out the current DSLA price on the live DSLA Protocol price chart featured above.
Tokenomics of DSLA
DSLA has a max supply of 5,831,304,407 tokens. Most tokens are in the hands of the community, with more than 90% of them already circulating (as of December 2022). As the project has launched in 2018, all token lock-ups have expired by now.
However, to keep the DSLA Protocol price relatively stable, the supply of DSLA coins is automatically reduced. Tokes are burned every time a maintenance task is completed.
If you plan to purchase DSLA Protocol crypto assets, make sure to conduct a thorough DSLA price analysis before doing that.
Who Founded DSLA Protocol?
Stacktical, the company behind the DSLA Protocol, was founded by two talented architects – Wilhem PUJAR and Jean-Daniel Bussy. Wilhelm has more than 10 years of experience as a startup executive, agile practitioner, and software architect, which he obtained working in Genymobile, Edebex, and Danone. He was also the founder & the CEO of Tag&See, a big data analysis platform. Jean-Daniel has been working in the IT sector since 2005, holding multiple positions as DevOps, cloud architect, and engineer in GREE, CyberAgent, and freelancing.