DSLA Code Review
TM Rating: 73% |
Review Date: September 1st, 2021 |
DSLA Protocol is a risk management framework that enables developers and infrastructure operators to reduce their users’ exposure to service delays, interruptions and financial losses, using self-executing service level agreements, bonus-malus insurance policies, and crowdfunded liquidity pools. Its flagship use case is to offset the financial losses of proof-of-stake delegators and DeFi users, while incentivizing the good performance and reliability of staking pool operators and DeFi service providers such as Uniswap (AMM) and OpenSea (NFT). Instead of simply providing coverage like insurance products, Decentralized SLAs bring an extra layer of trust to the user-provider relationship, by guaranteeing consistent returns for users, and by incentivizing providers for speed, power, uptime and more.
DSLA Protocol was created by Stacktical to address the issues associated with SLA. At times the agreements get violated — the networks operate with longer delays, the connection isn’t that stable, and the support is not available in time. All these problems cause losses on the clients’ side. DSLA Protocol is aimed at offsetting the damages of the DeFi platform’s users while incentivizing the recovery of the network’s normal performance. This goal is achieved
via the automated decentralized framework. DSLA Protocol is supposed to be an alternative to SLA contracts as we know them today. While the project and protocols provide a real solution to an existing need, we believe it could hugely benefit from an improvement on the user experience to help with more users using it.
To visit DSLA official website, click here.