DSLA Protocol AMA Recap
CryptoDiffer team
Hello, everyone!
We are glad to meet here
Wilhem Pujar (CEO at DSLA protocol)
CEO at DSLA Protocol, Wilhelm Pijar
Hi everyone
Thanks for having me, a pleasure to be here!
CryptoDiffer team
Q1: Can you introduce yourself to our community ?
CEO at DSLA Protocol, Wilhelm Pijar
My name’s Wilhem Pujar, I’m a french-Caribbean computer scientist, currently based in Paris. I have 12 years of experience in IT Service Management (ITSM) and software architecture.
Now CEO at Stacktical, core developers of DSLA Protocol and the DSLA family of products!
CryptoDiffer team
Q2: Can you briefly tell us what is DSLA Protocol in 3-5 sentences?
CEO at DSLA Protocol, Wilhelm Pijar
DSLA Protocol is a decentralized alternative to outsourcing contracts called “service level agreements” (SLA).
Our protocol provides a two-way hedge against service delays and disruptions, using peer-to-peer service level agreements, and programmable DSLA token cryptocurrency payouts.
Our flagship use case is to enable a risk-free staking and delegation experience, by enabling anyone to vouch for the reliability of a staking pool, earn rewards when the staking pool performs as expected, and claim financial compensation when the staking pool doesn’t meet expectations.
That’s what our DSLA.network dapp is for (beta starts next week!).
CryptoDiffer team
Q3: Let`s now talk about the milestones you have achieved so far and about your upcoming plans
CEO at DSLA Protocol, Wilhelm Pijar
To keep short and sweet: we have a running MVP at DSLA.network, a liquidity mining program at DSLA.finance, partnered with XYO, Harmony, Band Protocol and many others to build the protocol together. The next item on the roadmap is the DSLA incentivized beta running from Sep 30 to Oct 31, and a targeted mainnet launch end November. We also have a lot of (massive) surprises that we can’t unveil just yet, but will before we launch. After the mainnet, we will be in a position to scale the flagship DSLA use case around derisking staking and delegation to different industry verticals such as web hosting, financial technologies, energy, climate and more.
CryptoDiffer team
Awesome, a lot of updates to come out!
Thank you for great answers!
I think it is time to start community questions round!
Cryptodiffer Community
When there is an issue in relation with any of the parties signing on DSLA, how will it be settled?
Who is eligible to get the DSLA Reward and DSLA Compensation ?
CEO at DSLA Protocol, Wilhelm Pijar
The fulfillment of the agreement depends on the staking analytics of the validator’s failures you want to hedge against. Since this data is available and indexed onchain with certainty, there is no possible dispute. Code is law.
Validators earn rewards when they meet the SLA objectives (e.g. 100% Staking Efficiency). Delegators earn compensations when validators fail to meet these objectives.
Cryptodiffer Community
DSLA is the first decentralized alternative to SLA contracts. What are the advantages of DSLA over Insurtech Insurance Products?
CEO at DSLA Protocol, Wilhelm Pijar
That’s an excellent question. The “decentralized” insurance products that you know require community election and votes for assessing risk and for settlements. Meaning they’re in fact, actually quite centralized.
Cryptodiffer Community
Many projects claim they are fully #Decentralized, But they done their work in a ”Centralized” way. How can we sure that DSLA is fully #Decentralized? Could you tell us what is $DSLA working method?
What are your vision ultimately? What is DSLA trying to achieve in the longer term & how do you plan to there? How will your ultimate vision & mission make a difference in the world?
CEO at DSLA Protocol, Wilhelm Pijar
As I was hinting at in my past two answers, decentralization is a core design principe for the DSLA Protocol. We have several architecture breakdown plan to explain exactly why and how the protocol is decentralized, and the trust benefits that you’re getting from it compared to traditionnal SLA approaches. Long term goal is full decentralization and the availability of DSLA for multiple industry verticals. Stacktical has no plan to develop all use cases, but we’ll empower developers to build on top of DSLA to do just that.
Cryptodiffer Community
I saw your tweet about DSLA X BNB. Do you plan to build a product or test staking on Binance Smart Chain?
CEO at DSLA Protocol, Wilhelm Pijar
We’re always looking at interesting blockchain networks for which we can add support to the DSLA Protocol. Just like we did with Polkadot (especially since we’re W3F grant recipients). We are indeed monitoring BNB to see if it would be a good fit. But the BEP token specification does pose additional challenges, in terms of integration.
Cryptodiffer Community
How do you see penetrations into businesses that use SLAs to offset risks? What industries are you primarily targeting?
CEO at DSLA Protocol, Wilhelm Pijar
We’re primarily talking to staking pools a.k.a staking service providers. The staking industry is currently heating up, and has an urgent need for quality-oriented differentiation solution like DSLA. By derisking cryptocurrency delegation, DSLA gives smaller staking service providers and validators a chance at competing with larger organization. Later on, we will work with FinTech API providers and web hosting companies, before scaling to more industry verticals once we reach a sufficient level of maturity.
Cryptodiffer Community
Hedging against the risks of staking and delegating is a great idea. How will you attract non-cryptocurrency users to decentralized products like yours?
CEO at DSLA Protocol, Wilhelm Pijar
With more real-life use cases!
The Airport industry, for example. By outsourcing core services of their main line of business operations to third party providers, airports introduce a risk of service delays and disruptions that can have disastrous effects on the passenger experience, and (non-)aeronautical revenue. DSLA could come in as a way to optimize airport operations and pave the way to great door-to-door passenger experiences for all.
Generally speaking, I think cryptocurrency should change our daily lives. That’s the impact we’re looking for.
Cryptodiffer Community
Most of the activities and platforms are in English. How will you reach non-English speaking local communities? Do you have any plan to conduct Ambassador Program?
CEO at DSLA Protocol, Wilhelm Pijar
We will announce the DSLA Residency program very soon. It’ll empower our global community to contribute to the project in various ways, including by becoming an Ambassador. Please check out this document for early details! https://storage.googleapis.com/stacktical-public/STACKTICAL_DSLA-RESIDENCY.pdf
Cryptodiffer Community
Vast majority of Crypto projects are built just for the sole purpose of amassing wealth for themselves. So, I want to know the value you aim to add to crypto industry that will bring greater abundance to the industry?
CEO at DSLA Protocol, Wilhelm Pijar
I think that the industry is maturing, and needs to adopt certain risk management practices – such as SLA contracts – to get to the next stage. We won’t be able to onboard “normies” to cryptocurrency if we don’t all make a conscious effort to improve the cryptocurrency experience for all. Our job is to enable risk-free delegation of your coins so that you don’t need to trust staking pools and you are protected against issues that may arise.
Cryptodiffer Community
What incentives are available for liquidity providers? What are the long-term benefits of DSLA token holders?
CEO at DSLA Protocol, Wilhelm Pijar
Please have a look at our Liquidity Mining Program guide at https://readme.stacktical.com/dsla-community-faucet/ to know all about this topic. Today, we have allocated DSLA tokens to reward Uniswap Liquidity Providers, and will extend the farming to Balancer and Mooniswap soon.
Cryptodiffer Community
Is it possible to staking? Which are the requirements? Do you have a reward system? Why should I hold your token?
CEO at DSLA Protocol, Wilhelm Pijar
You need to stake DSLA tokens to create and sign DSLA contracts. The DSLA pool is depleted according to good and bad servel levels.
Cryptodiffer Community
What role does Stacktical play in the evolution of the DSLA protocol? What joint products can we expect in the future?
CEO at DSLA Protocol, Wilhelm Pijar
We at Stacktical are the core developers of the protocol, and of its flagship dapp at DSLA.network. The DSLA family of product is our one and only focus, but we’re working on a very special initiative with a top 10 cryptocurrency player. You will hear all about it very soon! It’s going to shake things quite a bit, I think…
Cryptodiffer Community
Investors seem to only care about the price of the token instead of the real value of the project, how does your team attract newcomers and keep members long-term with the project? What is the real value of $ DSLA ? Many #DeFi smart contracts have bugs and prone to security breaches. How secured is yours in DSLA Protocol ? Did you ever audit your smart contracts code?
CEO at DSLA Protocol, Wilhelm Pijar
We won’t release to the mainnet until we are 100% clear on the security of the DSLA Protocol contracts. We’re already working closely with top security firms to achieve that goal.
Cryptodiffer Community
Why did you choose Band Protocol and not Chainlink as your oracle? How does the partnership with Band contribute to the growth and success of DSLA Protocol?
CEO at DSLA Protocol, Wilhelm Pijar
Contrary to Chainlink, Band Protocol has its own blockchain network called BandChain. Beyond using Band for our Oracles need, we also enable Band Protocol validators to hedge against BAND staking risks using DSLA. It’s mutually beneficial.
Cryptodiffer Community
Are there requirements for a POS or dPOS client to use the DSLA protocol? Does he need to have DSLA tokens? If so, how many tokens are needed?
CEO at DSLA Protocol, Wilhelm Pijar
The PoS chain needs to be supported on the protocol. Other than that, no requirements, only recommendations as to how many DSLA tokens should be staked to a DSLA contract to provide sufficient coverage for everyone. For example, on Cosmos, slashing is typically around 5%. So you’d want to make sure that you have the equivalent of at least 5% of the total ATOM delegation staked to a DSLA contract. You can pretty much stake your DSLA tokens freely in the protocol to either get compensated or rewarded, depending on which side you choose.
Cryptodiffer Community
DeFi is one of the hottest topics in the blockchain field. Can you share your opinion about DeFi with us?
Do you think DeFi will destroy the existing financial system?
What’s your project Approach towards DeFi?
CEO at DSLA Protocol, Wilhelm Pijar
As far as I’m concerned, every financial product that gets decentralized is DeFi, including DSLA. I think farming food coins is not sustainable, and I’m sometimes surprise to see that some project tokens don’t care about becoming securities anymore. This will be a huge issue from a regulatory standpoint in 2021, and I’m betting that a lot of unproven DeFi coins will die because of such crackdown.
Cryptodiffer Community
Do you have support from the government or Start-Up in your country? What is the regulation on governing the Blockchain?
CEO at DSLA Protocol, Wilhelm Pijar
We have support from BPI France, France’s national venture arm and technology think tank. I’ve also met with regulators on several occasions, and they’re glad to see how far we went into making sure that DSLA was creating tangible value in the space. One of our lawers actually wrote some of the cryptocurrency laws that were adopted.
Cryptodiffer Community
What major cryptocurrency companies do you have partnerships with to use the DSLA protocol? What value do they bring to the development of DSLA?
CEO at DSLA Protocol, Wilhelm Pijar
Harmony, Band Protocol, more similar/bigger networks under NDA, and many staking service providers for the mainnet launch. We also have exotic non-crypto partnership that I can’t talk about yet.
For those of you who would like a quick overview of risk-free delegation and better understand our model, you can check out this deck https://storage.googleapis.com/stacktical-public/STACKTICAL_DSLA-DECK.pdf
Cryptodiffer Community
DSLA Protocol offer a service to face the Delays and Disruptions of the trading performance, so why do you need a token? Which are the applications and benefits of be a long term DLSA Holder?
CEO at DSLA Protocol, Wilhelm Pijar
DSLA Protocol transfers DSLA Tokens between service providers, the people that vouch for them, and service customers, according to good and bad service levels. It’s also the access key to the DSLA Network DApp.
Cryptodiffer Community
Tell us about the grant for predicting the scalability of the Polkadot and Substrate blockchains? How did this affect your development in the future?
CEO at DSLA Protocol, Wilhelm Pijar
As proud recipient of a W3F grant, we had the opportunity to get involved early with the Polkadot / Substrate ecosystem, and this has affected the architecture of DSLA, which is 80% Ethereum and 20% Polkadot-based. You can expect more things happening with Polkadot in the near future…
Cryptodiffer Community
Since system is open-sourced, and anyone can contribute ; Do you accept support from developers? If yes, is there any criteria to be eligible and do you have bounty programs for the developers who would love to contribute to DSLA ?
CEO at DSLA Protocol, Wilhelm Pijar
Yes, as part of the DSLA Residency I mentioned earlier. We will open applications later this week, I’d suggest staying tuned @stacktical to learn more about contributing to the project.
Cryptodiffer Community
Right now the only ways available to obtain DSLA tokens is Probit and UNISWAP, so have you plans to get listed in a Bigger CEX ? To get more known and Obtain a Major Investment?
CEO at DSLA Protocol, Wilhelm Pijar
DSLA is available on ProBit, Bilaxy, STEX, Uniswap, Balancer, Mooniswap, 1inch as of today. We have pre-agreements in place for bigger CEX. They will come in due time.
Cryptodiffer Community
The bDSLA Tokens which is rewarded during Beta Test is also able to Swap to mainnet token after the mainnet Launch?
CEO at DSLA Protocol, Wilhelm Pijar
Yes! During the DSLA Incentivized Beta Test, all bDSLA token rewards / compensations will be converted to mainnet DSLA token upon launch.
Cryptodiffer Community
As I am a developer with knowledge of programming languages such as solidity, C ++, Java etc., can I create Dapps on your platform ? And HOW easy to create dapps on you platform???
CEO at DSLA Protocol, Wilhelm Pijar
We will release the DSLA SDK soon, to make it easy for you to implement your own DSLA-powered use case. The experience will be similar to what you find elsewhere, should be pretty straightforward!
Cryptodiffer Community
What is the biggest challenge you face currently in terms of becoming a successful project or company?
CEO at DSLA Protocol, Wilhelm Pijar
Convincing you that there’s value in what we do, while everyone is buying food coins! I spend most of my time discussing with the folks we want to help with our solution. Risk Management is a complex space, so our goal boils down to making it effortless for providers to reap the benefits of using DSLA contracts (attract and retain customers), while making it effortless for customers to get the protection they need, in the face of failure.
Cryptodiffer Community
What is the DSLA team’s orientation and development plan for 2020 in the Defi region why do you think Defi this immature term has a future? What results do you expect to achieve?
CEO at DSLA Protocol, Wilhelm Pijar
Again, we’ve been DeFi from day one. Actually, we had the DeFi word in our documentation way before it was a thing. Chasing yield with unproven projects without products is not DeFi in our book.
Cryptodiffer Community
What do you think about the Asian market? Does your team DSLA planning to reach other countries with potential crypto markets, and have large teams and investors wanting to work and monetize crypto?
CEO at DSLA Protocol, Wilhelm Pijar
We’ve built DSLA between Paris and Tokyo. I’ve actually had the pleasure to moderate Asia’s biggest fintech conference in Tokyo 2 years ago. The Asian market is mission-critical for us, it’s in our DNA and an incredible place to grow. https://www.youtube.com/watch?v=OY4cMwcauYw
Cryptodiffer Community
Where does the project name come from? What does it mean for you and why did you choose that name for your project?
CEO at DSLA Protocol, Wilhelm Pijar
DSLA = Decentralized SLA. Stacktical = Tech Stack + Tactical. Originally, we were doing scalability prediction, which is derived from a practice called “Guerrilla Capacity Planning”. Hence the “tactical” approach to building tech stacks.
CEO at DSLA Protocol, Wilhelm Pijar
Thanks everyone!
I hope I’ve properly answered your questions and helped you better understand the ins and outs of DSLA.
Cryptodiffer TEAM
Awesome!
Thank you. Appreciate your time, great answers.
Thank you everyone who took part today.
