Introducing Dsonance 👁️

I’m excited to announce that the Carlson protocol has evolved into Dsonance! The beta version is now live on dsonance.xyz.Note that it is simulated version, where all coins are fake and the time is sped up.

Dsonance is designed to be a new standard for evaluating consensus. It introduces a unique adversarial model where users are incentivized to express opinions that stand the test of time. By locking Bitcoin with each ballot, participants earn rewards for their engagement and discernment.

As both a consensus platform and a prediction market, Dsonance sits at the intersection of social-fi and defi, harnessing collective intelligence in the pursuit of truth. More details on how the protocol works and what’s ahead on the roadmap will come soon!

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Do you have an X handle? It would be great if you could write a tweet or an article on how it’s built and we’ll be more than happy to promote it.

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Hi Jennifer, thanks for the suggestion! Our X handle is dsonance_xyz.

This week a new version of the app aligned with the documentation is going to be live (still simulated, but with the BTC yield!). We also released information on our tokenomics in the documentation, to which we will soon add the roadmap.

We just released a new version of the application which contains:

  • a preview of the APR
  • new indicators and charts
  • an improved UI

The roadmap has also been added to the documentation.

Next milestone: implementation of the utilization-based interest rate model to allow borrowing BTC against DSN to finally get a real APR!

Hey, we recently added our landing page to the website, check-it out!

We also decided to open-source our code, it is available here: sardariuss/dsonance

Now you can follow us:

Very excited for this. Do you have intents to enable locking of tokens other than Bitcoin?

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We’ve been toying with the idea but it’s not on the roadmap yet. The simplest approach at the beginning would be to restrict a single token per vote, and the user who open up the vote could choose what token to use.

Do you have a specific token in mind? Maybe stable coins?

We chose BTC to start with because it’s still the safest crypto to hold long term (besides stable) knowing that:

  1. on dsonance.xyz, locking periods can last months or years
  2. on long term we’d like to reach an audience that is not the crypto savviest
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Cool cool. I was considering the TACO token being staked on opinions relating to Web3/ICP eco.

That’s freaking cool, I didn’t think about it! We could have “Token communities”, where each community could stake its own token to participate, and have its own list of votes, specific to its use case. Is that what you had in mind?

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Yes precisely, glad ya vibe with it!

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Following the feeback from our followers and given the nature of the recent events on the IC (e.g. Drain the swamp), we think the community could very much benefit of a reliable way to measure consensus on empirical statements in real-time (e.g.: “Is that project a scam?”). We believe Dsonance could be a great addon for the NNS and SNSs for community-based consensus. This could help NNS/SNS focus on actionnable votes while facilitating the decision-making of neuron holders, hence effectively reducing the need of neuron following.

So I’m glad to announce we officially changed our roadmap to put the priority on implementing the Dsonance communities, where each community can be set with its custom ICRC-2 token!

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