DIA partners with Zumer Protocol a non-custodial liquidity protocol with a novel credit and liquidity risk management mechanism to allow permissionless loan origination and BNPL for all kinds of NFT assets by segregating different risks to different liquidity providers.
Zumer aims to be the new standard for DeFi protocols that focus on offering liquidity to the NFT market, creating a fully decentralized financial system for the Metaverse assets. Zumer’s end goal is to let everyone be the central banker, banker, and investment banker of the Zumer ecosystem, allowing all stakeholders including DAOs, NFT projects, and Gaming guilds to determine interest rates, and perform QE/QT, offer liquidity, and underwrite credit risks. PARTNERSHIP IMPORTANCE DIA is delighted to announce that the Zumer Protocol has successfully integrated DIA’s NFT Floor Price oracle services into its testnet environment . This is an especially thrilling announcement as Sumeria Labs is the first user to test out the DIA xFloor product. The custom NFT floor price oracle will feed the Zumer protocol with accurate and timely NFT price feeds for various collections including Bored Ape Yacht Club, Crypto Punks, Mutant Ape Yacht Club, and many more. The oracle will play a critical rol...