Moeda Loyalty Points (MDA) API and Price Oracle

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Moeda Loyalty Points

MDA
$
Information
For informational use only; request a custom oracle/API for production below.
General information
Contract address
Smart contract address of the asset
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0x51DB...15bd
Network
Blockchain network where the asset is deployed
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Ethereum
Methodology
Pricing methodology used to determine the price of the token in USD. By default, all price feeds on the DIA App are calculated with a MAIR methodology. This parameter is customisable.Learn more about methodologies.
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MAIR
Update frequency
120 seconds is the default update frequency. This parameter is customisable.Learn more about oracle updates.
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120s
Next update
24h Volume
The total volume captured by DIA across all the integrated sources.
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Source
Volume 24h
Trades 24h
Pairs
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Token information

What is Moeda Loyalty Points (MDA)?

Moeda Loyalty Points (MDA) is a cryptocurrency token that operates on the Ethereum blockchain. It was launched in 2017 by the Brazilian company Moeda Seeds with the aim of providing financial services to unbanked populations in developing countries. MDA can be used for remittances, microfinance, and crowdfunding projects. The token's name is derived from the Portuguese word for "currency." It has a total supply of 19,628,888 tokens.

How does Moeda Loyalty Points work?

Moeda Loyalty Points (MDA) is a blockchain-enabled loyalty platform that aims to empower underserved communities by providing them with access to financial services. The underlying technology behind Moeda Loyalty Points is blockchain, more specifically, the Ethereum blockchain.

On the Ethereum blockchain, Moeda Loyalty Points are represented as digital tokens. These tokens can be earned by participating in various activities within the platform, such as making purchases from partner businesses, providing referrals, or engaging in social impact projects. Users can also purchase MDA tokens directly from cryptocurrency exchanges.

The functioning of Moeda Loyalty Points is based on the principles of decentralization and transparency. By leveraging blockchain technology, Moeda creates a trustless ecosystem where transactions are recorded on a distributed ledger, ensuring immutability and auditability. This helps to eliminate the need for intermediaries, reducing costs and improving efficiency.

With Moeda Loyalty Points, users can store, transfer, and redeem their tokens for various goods and services. The platform also enables users to earn interest on their MDA holdings through a staking mechanism. Furthermore, Moeda strives to promote financial inclusion by providing access to microcredit facilities, enabling users to borrow and lend funds within the ecosystem.

By utilizing blockchain technology, Moeda Loyalty Points aims to create a more inclusive and transparent financial system that empowers individuals and communities. Through its smart contract infrastructure on the Ethereum blockchain, Moeda ensures the integrity and verifiability of transactions, fostering trust and financial empowerment among its users.

What are the benefits of Moeda Loyalty Points?

Moeda Loyalty Points (MDA) offer several benefits to users compared to its direct competitors. These benefits include financial inclusion, transparency, and community empowerment.

One key benefit of Moeda Loyalty Points is its focus on fostering financial inclusion. MDA aims to provide access to financial services for unbanked and underbanked populations, allowing them to engage in economic activities and improve their livelihoods. This emphasis on accessibility sets it apart from competitors who may not prioritize this aspect of their platform.

Transparency is another advantage of Moeda Loyalty Points. The blockchain technology underlying MDA ensures that all transactions are recorded and cannot be tampered with. This helps to build trust among users, as they can easily verify the authenticity of activities within the ecosystem. In contrast, some competing platforms may lack this level of transparency, potentially raising concerns about the accuracy and reliability of their operations.

Additionally, Moeda Loyalty Points place a strong emphasis on community empowerment. Through its platform, MDA enables individuals to support and invest in impactful projects that align with their values. This gives users a sense of ownership and involvement in the decision-making process, distinguishing it from competitors that may not provide similar opportunities for community engagement.

Overall, Moeda Loyalty Points offer valuable benefits such as financial inclusion, transparency, and community empowerment when compared to its direct competitors. These advantages contribute to its appeal and make it an attractive option for individuals seeking a blockchain-based loyalty points system.

What is Moeda Loyalty Points used for?

Moeda Loyalty Points (MDA) is a cryptocurrency used on the Moeda platform, a blockchain-based solution aimed at promoting financial inclusion. MDA tokens are primarily used as a loyalty reward system within the Moeda ecosystem.

Common use cases for Moeda Loyalty Points include incentivizing customers to engage with the platform and rewarding them for their loyalty. Users can earn MDA tokens by participating in activities such as making purchases on the platform, referring new customers, or completing specific tasks. These tokens can then be redeemed for various benefits or discounts offered by Moeda's partners.

One specific use case of Moeda Loyalty Points is within the agricultural sector. Moeda has partnered with farmers and cooperatives in Brazil, allowing consumers to directly support sustainable agriculture by purchasing products using MDA tokens. In this case, MDA acts as a reward mechanism for consumers who choose to support ethical and eco-friendly farming practices. By utilizing MDA tokens, consumers not only receive discounts or other incentives but also contribute to initiatives that promote fair trade and environmental sustainability.

Overall, Moeda Loyalty Points serve as a means to incentivize engagement and support sustainable practices within the Moeda platform. While this specific use case highlights the impact MDA tokens can have in the agricultural sector, the versatility of Moeda's loyalty program allows for potential applications in various industries.

What is DIA's Moeda Loyalty Points API?

DIA's Moeda Loyalty Points API is one of the API endpoints provided by DIA. These API endpoints offer real-time price feeds for various crypto assets, including Moeda Loyalty Points. DIA constructs these price feeds by sourcing raw data from over 85 on-chain and off-chain cryptocurrency and NFT exchanges, resulting in comprehensive and accurate information.

While DIA offers free API endpoints for developers to test, the custom feeds are the highlight of their services. These custom feeds can be tailored according to specific requirements, such as selecting preferred sources, update mechanisms, and methodologies. Users can request a custom feed by contacting DIA through Discord or Telegram.

The use cases for DIA's API are vast, particularly in the blockchain ecosystem. For DeFi applications, the price information from DIA's APIs can be utilized for derivatives, options and futures, lending and borrowing markets, collateralized stablecoins, synthetic asset issuance, money markets, and more. Additionally, in the context of NFTfi applications, DIA's API can enable peer-to-pool NFT lending and borrowing, on-chain NFT derivatives, NFT renting, NFT fractionalization, and more.

DIA's API provides developers with valuable tools to access accurate and up-to-date price data. By offering both free and customizable API endpoints, DIA caters to a wide range of needs within the blockchain community. The custom feeds, in particular, allow for greater flexibility and customization, making them especially beneficial for users seeking tailored price feed solutions.

What is DIA's Moeda Loyalty Points price oracle?

DIA's Moeda Loyalty Points price oracle is a smart contract that provides real-time price feeds for crypto assets. DIA offers a wide range of price oracles, integrating with 35+ layer 1 and layer 2 networks. This allows DIA to deploy price oracles across multiple blockchains. The price feeds are constructed using data from over 85 cryptocurrency and NFT exchanges, sourcing billions of individual trades. This extensive data collection sets DIA apart from other web3 data providers.

While DIA provides demo oracles for developers to test, these are strictly for testing purposes and cannot be used in production applications. However, users can request custom configuration for price feed oracles. These custom oracles can be tailored according to specific needs, such as sources, methodologies, and update mechanisms. To request a custom feed, users can reach out to DIA via Discord or Telegram.

DIA's price oracles have various use cases within the blockchain ecosystem. They can be utilized in derivatives, options and futures, lending and borrowing markets, collateralized stablecoins, synthetic asset issuance, money markets, and more in the field of DeFi. In the realm of NFTfi (NFT finance), DIA's oracles can be used for peer-to-pool NFT lending and borrowing, on-chain NFT derivatives, NFT renting, NFT fractionalization, and more.

In the context of blockchain technology, an oracle is an external information provider that supplies verified data from outside the blockchain to smart contracts, ensuring the accuracy and transparency of data used in blockchain applications. DIA's custom oracles offer users the flexibility and reliability needed to enhance their blockchain-based projects.

Why use DIA's MDA API & price oracle?

DIA's MDA API and MDA Price Oracle offer numerous benefits for users in the blockchain ecosystem. Firstly, these technologies provide access to accurate and reliable price data for cryptocurrencies and NFTs. This is crucial for making informed decisions and conducting transactions with confidence.

One key advantage of utilizing DIA's API and Price Oracle is the high level of customization available. Users can tailor each oracle and API endpoint to meet the specific requirements of their decentralized applications. This includes configuring data sources, applying data cleaning filters and pricing methodologies, and determining the update mechanisms and frequency. By customizing these settings, users can ensure that the data and oracle remain robust and resilient to varying market conditions, providing a tailored solution for their needs.

Transparency is another significant benefit offered by DIA's API and Oracle feeds. Users can enjoy full and granular visibility into the entire data journey, enhancing trust and confidence in the information being provided. DIA also offers tracking and monitoring tools, allowing users to closely monitor the performance of their oracle and API feeds.

In summary, leveraging DIA's MDA API and MDA Price Oracle enables users to access accurate and customizable price data for cryptocurrencies and NFTs. It ensures robustness and resilience to market conditions and offers a high level of transparency throughout the data journey. These features make DIA's technology an invaluable resource for users in the blockchain ecosystem.

Why use DIA data feeds and oracles?

Transparent
DIA provides full insight on the oracle’s data journey as well monitoring tools to track feeds in real-time.
Customisable
Oracles can be tailored to any use case in terms of data sources, methodologies and update mechanisms and much more.
Broadest coverage
DIA provides price oracles for 3,000+ cryptocurrencies: from blue-chip tokens to long-tail assets.