Partnership with @hemi_xyz DIA delivers fair value pricing for hemiBTC on Hemi's Bitcoin-secured Layer 2. Reserve-backed price feeds enable transparent Bitcoin collateral valuation for lending protocols, stablecoins, and yield strategies built on Hemi's EVM environment. 🧵
Hemi unifies Bitcoin's security with Ethereum's programmability through Proof-of-Proof (PoP) consensus. hemiBTC is Hemi's Bitcoin receipt token representing actual BTC held across three vault structures, enabling BTC holders to participate in DeFi while maintaining verifiable backing.
DIA Value applies Reserve-Backing methodology for hemiBTC. The oracle verifies actual BTC holdings across Hemi's vault structures, sources supplementary market data from Sushiswap V3 and iZiSwap, and computes fair value onchain through Lumina for complete auditability.
This enables lending protocols to accept hemiBTC collateral with pricing anchored to reserves, stablecoin platforms to build BTC-native products with transparent valuations, and institutional treasuries to deploy Bitcoin with compliance-ready methodologies.
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