The DSLA incentivized beta Phase 2 is Here

[prosongit]

Codename PIANO

Dear DSLA champions, on October 21 12:00am (UTC), we have entered Phase II of the DSLA incentivized beta, Codename PIANO.

• All DSLA Contracts started a new weekly monitoring cycle.
• Phase I staking compensations / rewards can be proven.
• Phase I staking compensations / rewards will be claimable soon.

Phase Timestamps:

⏰ 1603238400 (start)
⏰ 1603843200 (end)

Access the Ðapp at DSLA.network to get started now!


Phase I Report

Thank you for your participating in the Phase I of the DSLA incentivized beta!

DSLA core developers are humbled by the response of the community  :

More than 100 bDSLA token transfers
More than 60M bDSLA tokens staked
More than 25 DSLA contracts created

Most excellent, Champions!

Let’s keep the fire burning during Phase II and beyond.

Beta Guide

Please refer to the official DSLA Incentivized Beta Guide to learn more about bDSLA Phase II Staking and Claiming features, and for continuous information about Phase I-V.

Feature Spotlight

There are many changes expected with the DSLA.network Ðapp during Phase II.

#1 Ability to withdraw bDSLA stakes


Delegators, Validators and their Vouchers will be able to withdraw the bDSLA tokens they staked to DSLA Contracts, minus the rewards and compensations they might have paid at the end of Phase I.

#2 Ability to claim bDSLA compensations / rewards

25+ DSLA Contracts have been created during the Phase I of the DSLA incentivized beta, and verified at the start of Phase II. But bDSLA staking rewards are yet to be distributed to Delegators, Validators and their Vouchers.

Based on the measured Harmony (ONE) Staking Efficiency of our partner, the P-OPS Validator, bDSLA rewards and compensations will become self-claimable by DSLA Contract stakeholders during Phase II:

• A Delegator will be able to claim 99.7% of her initial stake if her agreement is breached (0.3% claiming fees);
• A Validator will be able to claim 19.94% of their Delegators stake if her agreement is honoured (0.3% claiming fees);
• A Voucher will be able to claim 15.95% of Delegators stake if her agreement is honoured (0.3% claiming fees + 20% commission to the Validator she vouches for).

#3 Instant token burn of claiming fees


For every claim at the end of a Phase, the DSLA Protocol will charge and burn 0.3% claiming fee to Delegators, Validators and Vouchers. All tokens burned by the DSLA Protocol during DSLA claims are removed from circulation forever.

#4 Better tracking of stakes


During Phase I it was not easy to keep track of the agreements you staked to.

The MY AGREEMENTS section only displays created DSLA Contracts, which somehow helped Validators keep track of the liquidity they added to their own contracts. But as a a Delegator, you had no direct access to your active hedges.

Accordingly, we will:

• Open up the HEDGE section to keep track of active hedges against staking risks as a Delegator;
• Open up the POOL section to keep track of active compensation pool deposits;
• Display both active hedges and active compensation pool deposits in the MY AGREEMENTS section.

About DSLA Protocol




DSLA is a risk management protocol for developers, to build applications and operate infrastructures that are natively capable of financially protecting users against failures.

It enables anyone to vouch for the reliability of a service, get paid when the service performs as expected, or get compensated when the service does not meet expectations.

Original article source: Blog Stacktical