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Exchange Dione Protocol (DIONE)

If you're looking to swap Dione Protocol, SwapSpace is your one-stop shop. We have some light reading for you — in case you'd like a refresher on what is Dione Protocol, or some fresh information about DIONE’s price movements. And, of course, we provide you with multiple Dione Protocol exchange options so that you can choose the offer with the best rates and lowest Dione Protocol fees, as well as other parameters that suit you.

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Dione Protocol Price Stats

To help you make a decision about exchanging your Dione Protocol, we gathered some cold hard numbers: Dione Protocol price chart and other stats, such as Dione Protocol market cap.

DIONE 24H HIGH

DIONE 24H HIGH $0.00763533968688

DIONE MARKET CAP

DIONE MARKET CAP $73,513,744.13

DIONE CIRCULATING SUPPLY

DIONE CIRCULATING SUPPLY 9,889,892,472.702 DIONE

DIONE 24H LOW

DIONE 24H LOW $0.00695465676307

DIONE PRICE

DIONE PRICE $0.0074332197577

DIONE 24H VOLUME

DIONE 24H VOLUME $297,648.507

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Dione Protocol Price Chart

Here you can see the current price of Dione Protocol, as well as Dione Protocol price history.

What is Dione Protocol?

The Dione Protocol is centered around its native token, Dione, with a primary objective of enhancing the accessibility of Decentralized tokens for a broader audience. At its core, the protocol is committed to addressing real-world issues and fostering a seamless connection between traditional challenges and the decentralized finance (DeFi) space.

The Dione Protocol stands out as a visionary ecosystem with a dual focus: improving the accessibility of decentralized tokens and addressing real-world challenges within the DeFi space. The project was launched in 2022. 

Key to the Dione Protocol is Project Orion, a groundbreaking initiative that unleashes the full potential of blockchain technology. This project features Odyssey validators hosted on Starlink Satellites, ensuring unparalleled connectivity in even the most remote and challenging locations.

Orion, developed by Dione Protocol, stands out as a remote validator designed to endure catastrophic events, underpinned by renewable energy sources. By harnessing the global satellite internet infrastructure provided by Starlink, Orion achieves unmatched connectivity, making it a robust solution for decentralized validation. The integration of solar panels positions Orion as the first climate net-positive blockchain.

The unique value proposition of Orion is further highlighted by its off-grid capabilities, a key element in the Dione Protocol's decentralization strategy. True decentralization, according to the protocol, necessitates not only a decentralized network but also a decentralized energy supply. Orion's ability to operate independently of centralized power sources and the grid enhances the security and resilience of the blockchain network, reducing vulnerabilities to potential attacks.

The driving force behind the Dione Protocol is a commitment to people-first principles. The protocol prioritizes community building as the foundational step towards a powerful decentralized future. This emphasis on community strength aligns with the overarching goal of creating a resilient and sustainable ecosystem that places people at the forefront of the decentralized movement.

Dione Protocol envisions setting up an incentivized energy trading economy on an EVM-compatible L1 blockchain. This innovative approach aims to reduce the carbon footprint of the global energy sector and incentivize retail consumers to transition into prosumers, actively participating in and running their energy businesses. The protocol plans to create an ecosystem that addresses technical and logistical barriers, paving the way for a decentralized and sustainable energy trading platform.

A higher degree of throughput is achieved by allowing more than 5,000 transactions per second on the L1 chain, without compromising the security or decentralization of the network. This capacity has the potential to increase significantly with the integration of scaling solutions. Updated validator configurations will be gradually introduced to further enhance throughput.

Several factors contribute to the ability of the Dione Protocol to achieve higher transactions per second (TPS). These include the implementation of subnets, near-instant finality, optimized code, and a unique consensus mechanism, particularly when compared with Bitcoin and Ethereum. 

Scaling to hundreds and thousands of nodes is achieved without compromising any essential aspect of the network. Instead of using a delegation mechanism, which could potentially compromise network security, each node is granted equal weightage in the system.

Enhanced data privacy is a priority, leading to the adoption of a multi-chain hybrid architecture. The primary network (L1 blockchain) remains permissionless, hosting all public data, while an L0 communication chain is established with "virtual channels" or "containers" for storing private data under strict access control. Private data remains inaccessible to external entities for privacy and security, with only the hash of the data shared on the public chain along with metadata.

Transaction security is bolstered by minimizing the time to reach finality, enabling the network to achieve finality in approximately a second for every transaction. The elimination of the longest-chain rule from the consensus mechanism further enhances security. Notably, all transactions are validated as part of the consensus mechanism, distinguishing the approach from several popular blockchains.

Innovating in the explorer space, the protocol introduces a user-friendly explorer with additional functionalities. Beyond mainstream features, the explorer incorporates more tags and categorizations, enabling viewers to filter wallets based on various criteria such as suppliers, consumers, distributors, marketing, liquidity, and treasury.

To further support consumers, a Green Certificate program is launched, allowing public verification of certifications issued to energy providers. These certificates will also be visible on Nebra, the energy trading marketplace, providing transparency and simplicity in explorer functionality.

Adopting Proof of Stake consensus contributes to a lower carbon footprint compared to mainstream blockchain networks. A unique policy is introduced, allowing node operators to earn extra rewards by running nodes using renewable energy, fostering an ecosystem entirely powered by green energy.

At the system's core, users trade units based on roles within the Dione Protocol. The marketplace, directly linked to the blockchain, tracks unit lifecycles and user activities transparently on an open ledger.

Functioning like a mainstream P2P crypto exchange, Nebra exchange empowers suppliers and consumers to place, sell, and buy orders. Integrated services for energy trade, including smart meter management, customer relationship management, invoicing, regulatory reporting, and contract management, are directly incorporated.

The distribution layer, connecting to the marketplace and blockchain, manages operations for suppliers and consumers. Purchases on Nebra are complemented by the movement of units from source to consumer appliance, overseen by grids/distributors.

Consumers linked to the grid automatically connect to Nebra. Those capable of supplying energy to the grid can become prosumers, gaining access to REST APIs and smart contracts for features available to power suppliers. In the future, the marketplace envisions facilitating intergrid energy trading.

DIONE is the native token of the Dione Protocol. It has a total supply of 9.89Bn and as of January 2024, the circulating supply is 9.51Bn. Traders can exchange the DIONE token on decentralized exchanges and centralized crypto exchanges, including Gate.io, CoinEX, MEXC, StealthEX, etc. 

The Average Fees on the Dione Protocol 

To promote lower transaction fees, automatic reductions occur as network throughput increases and scalability is enhanced. A variable fee mechanism is implemented to adjust transaction fees based on network congestion levels. Maintaining a balance between benefiting the sender through lower fees and incentivizing validators is crucial for the network's functionality and fairness to all parties involved.

The DIONE Token Wallets 

The DIONE tokens can be held in a variety of popular crypto wallets, including Trust Wallet, MetaMask, Ledger, imToken, Torus, Coinbase, TokenPocket, iToken Wallet, etc. 

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