Participate in the Governance of DIA

## Summary This proposal requests the approval of the DIA DAO community for the release of the annual treasury tranche for the fiscal year 2024, with a special emphasis on supporting the upcoming launch of [DIA Lumina](https://www.diadata.org/lumina/). The allocated funds will support the development and promotion of Lumina, ongoing platform enhancements, operational expenses, ecosystem expansion, and community initiatives to further advance the DIA platform. ## Background DIA DAO [annually releases a portion of its treasury](https://medium.com/dia-insights/transparency-report-1f61493ed9e5) to fund essential activities that drive the project's growth and sustainability. Previous tranches have successfully contributed to technological advancements, increased partnerships, and strengthened community engagement. With the imminent launch of DIA Lumina—a groundbreaking product designed to revolutionize data transparency and accessibility—the allocation of resources towards its successful deployment is essential. ## Proposal Details ### 1. Total Amount Requested * Amount: 9,150,000 DIA tokens to be released upon successful vote ### 2. Allocation of Funds * DIA Lumina launch and development (40%) * Finalization and deployment of Lumina * Launch campaigns specific to Lumina * User acquisition and onboarding roll-out * Integration of Lumina with existing DIA services and partner platforms * R&D and implementation of frontier tech solutions including ZK proofing, co-processor leveraged architecture, AVS and more * Network incentivization, operation and maintenance (30%) * Decentralisation through incentivisation of network participants including node operators and delegators * New smart contract development and upgrades * Integration of new data sources * Security audits * Operational cost, team retention (15%) * Liquidity provision through dex pool provision and market maker funds * Infrastructure maintenance (servers, nodes, etc.) * Team token vesting and retention incentives * Legal, compliance, and administrative expenses * Ecosystem growth (10%) * Strategic partnerships and integrations * Dedicated marketing campaigns and brand awareness * Participation in industry conferences and events * Community initiatives (5%) * Grant programs for developers and researchers * Hosting hackathons and educational workshops * Rewards for community contributions and governance participation Note: The allocation percentages and specific funding amounts are subject to change based on market conditions and operational needs. The team will adjust allocations as necessary to respond to market fluctuations and ensure the optimal use of resources. ## Rationale The release of this treasury tranche is essential for maintaining DIA's growth trajectory and ensuring the successful launch of DIA Lumina. Lumina represents a significant advancement in data transparency and accessibility within the DeFi ecosystem, aligning with DIA's mission to provide open-source data solutions. Allocating funds towards Lumina's development and marketing will maximize its impact and adoption, thereby strengthening DIA's position in the market. Immediate access to the full tranche ensures that all necessary resources are available to meet the project's demands without delay. ## Voting Options and timeline * For: Approve the immediate release of the annual treasury tranche as detailed in this proposal, including dedicated funding for the DIA Lumina launch. * Against: Reject the proposal and withhold the release of funds. ### Timeline Overview: 1. Dec 12th: Proposal published on the DIA Forum. Community members can submit alternative proposals for consideration. 2. Dec 12th - Dec 17th: Community proposal submission period (5 days). Submit your proposals via the DIA Forum here. 3. Dec 19th - Dec 23rd: Snapshot vote (4 days) to select the final proposal. ### How to Submit Alternative Proposals: Community members are encouraged to submit alternative proposals on the DIA Forum by Dec 17th. Proposals must adhere to [specific guidelines outlined in the Forum](https://forum.diadata.org/t/requirements-to-submit-a-proposal/54) to be eligible for the Snapshot vote. ## Conclusion We encourage all community members to support this proposal, recognizing the significant opportunities that the successful launch of DIA Lumina presents. Your participation and approval are vital for empowering DIA to continue delivering innovative, transparent, and reliable data solutions to the decentralized world.

Dear team, the assets have been added to the oracle.

TANGO/USD KNS/USD have been added to the oracle.

02 December, 2024 # INTRODUCTION Protocol: Silo Finance # REQUEST INFORMATION ## Assets Following assets will be included in the Oracle: |Asset Ticker|Asset Blockchain|Asset Address|Asset Markets Overview|Comments| | --- | --- | --- | --- | --- | |KNS|Arbitrum|0xf1264873436a0771e440e2b28072fafcc5eebd01|[KNS Asset Information](https://www.diadata.org/app/price/asset/Arbitrum/0xf1264873436A0771E440E2b28072FAfcC5EEBd01/)|| |TANGO|Arbitrum|0xc760f9782f8cea5b06d862574464729537159966|[Tango Asset Information ](https://www.diadata.org/app/price/asset/Arbitrum/0xC760F9782F8ceA5B06D862574464729537159966/)|| ## Methodology * Moving Average Price with Interquartile Range (MAIR) will be used to calculate the price for the assets. Learn more about it [here](https://docs.diadata.org/documentation/methodology/exchangeprices/mair-moving-average-with-interquartile-range-filter) * .5% deviation threshold for updates trigger will be applied for each asset * 120 secs update frequency check will be applied * 24-hour time-based update frequency will be applied for all assets # DELIVERY INFORMATION |Delivery Method|Oracle on Arbitrum| | --- | --- | |Is testnet deployment required?|No|