DIA ART Pools

The ART pool architecture has been designed with several goals in mind:

1. Enable a tracking and potential monetisation path for data sources,
2. incentivise the sourcing of new data sets by the community,
3. reward the DIA DAO for the provision of rights management infrastructure.

Besides the gas fee to mint each dART, 100 DIA are required to unlock access to the DIA ART Infrastructure via sARTs. The DIA Token are pooled in non-custodial wallets and distributed as outlined below.

• 30% are burned (transfer to 0xdead)
  The burning of DIA Tokens is designed to create long-term deflationary effects and increase DIA adoption.
• 20% are transferred to a sART Pool, claimable by sART holders.
  There is one sART Pool per dataset. Contributions in the sART Pools are distributed equally among sARTs, based on the number of sources providing data to a specific dataset at any point in time.
• 50% are transferred to a dART Pool, claimable by dART holders. There is one dART Pool per dataset, held non-custodial in the respective smart contract. dART pools are allocated to dART holders via a degressive function, which depends on when the dART was minted (more info below). dART holders must actively claim their proportional pool allocation.

During Launch Genesis, DIA will provide access to dARTs for a selected set of data sets for NFT projects. The first ten dARTs that are minted for any given dataset will be ‘ranked’. Besides featuring beautiful, animated artwork, higher-ranked dARTs will be eligible to a larger claim on the pool than lower-ranked or unranked dARTs (11-n).

During Genesis, the datasets and ranks of the minted dARTs will be randomised, meaning that minters will not know beforehand which dataset and which rank they will receive. The only known is that all Genesis dARTs will be ranked. This randomisation is intended to enable more equal access and mitigate potential gas fee front running.

After Launch Genesis, every new dataset that an ART is created for will have its own Genesis Drop, where the first ten dARTs for any given dataset will always be ranked and distributed randomly to the first minters. This will incentivise the creation and integration of new datasets to the DIA platform.

The contributions in the dART Pools are claimable by dART holders. The claimable amount is dependent on several factors:

• Size of the data pool: Each dataset will have its own pool that minters contribute to. As more data feeds are used, more users will mint dARTs and the more the pools will grow, thus increasing the size of each dART’s claim on the pool.
• The rank of the dART: The first ten dARTs for any given dataset are ranked and thus eligible for a higher claim on the pools. There will be four ranks. Details on each rank’s claim will be shared soon.

The position of unranked dART: The claim that each dART has is determined by its position. The first minted ARTs receive a higher share than the later minted ones. The weight of each ART is determined by a tetrahedral number series, where the first minted ART always has the highest weight and the latest ART always has the smallest. This series was chosen as it strikes the balance between a stronger incentivisation of the first ART minters, while still providing relevant incentives to unranked ART holders as the number of mints increases. The image below shows the distribution of contributions.

About the Tetrahedral weighting

Tetrahedral numbers can be modelled by stacking spheres. For example, the fifth tetrahedral number (Te5 = 35) can be modelled with 35 billiard balls and the standard triangular billiards ball frame that holds 15 balls in place. Then 10 more balls are stacked on top of those, then another 6, then another three and one ball at the top completes the tetrahedron (source).

sARTs are the Autonomous Rights Tokens that attribute data feeds, as well as contributions to data their sources. sARTs can be claimed by the sources. The DIA root ART acts as a proxy that provides access to the contributions in the name of the sources and attributes them to the sART Pool.

Attribution

Contributions for sARTs are distributed equally to all sources contributing data to a given feed.

Claiming

sARTs can be claimed by sources. Please reach out to the DIA core team at bd@diadata.org.

Next Steps

The dART Genesis Drop will be announced soon. It will end when the first batch of 150 dARTs (15 datafeed ARTs x 10 ranks) have been minted.

Audit

Please refer to the following link to review the official DIA ART Smart Contract Audit made in Germany by Chainsulting.