TL;DR
- Doma Protocol launched a mainnet that turns actual domains into programmable and liquid DeFi property, opening a brand new operational and monetary pathway.
- The system targets a market price over $360B that also runs on sluggish and dear processes, and proposes an infrastructure with on the spot transfers and 24/7 liquidity.
- The community makes use of a Layer 2 structure compliant with ICANN and registrars, tokenizes domains as ERC-20 property, and allows fractional possession and use as collateral.
Doma Protocol launched its mainnet and proposes one thing the market has by no means solved: changing conventional web domains into programmable, liquid monetary property throughout the DeFi ecosystem.
The initiative targets a large sector valued at over $360B, which has grown for many years with out trendy buying and selling infrastructure, on the spot settlement, or integration with open markets. At present, area shopping for and promoting stays caught in guide and sluggish procedures, dominated by brokers charging 10% to twenty% charges, settlement occasions that may stretch over weeks, and shutting processes that will take 6 to 18 months for top-tier domains. Doma goals to interrupt that sample.
Doma Builds on an Interoperable Basis
The brand new community operates as a Layer 2 on OP Stack with LayerZero interoperability and integrates Base, Solana, Avalanche, and ENS from day one. This structure allows tokenization of actual .com, .ai, and different domains as ERC-20 property tradable on open markets, with fractionalization, on the spot transfers, collateralization, and 24/7 liquidity.
A key piece is that it doesn’t invent a substitute for DNS: it maintains full compliance with ICANN and works with registrars representing greater than 30 million domains. Doma will not be constructing an experimental namespace however a monetary infrastructure for an asset that’s already regulated and operational.
Ending Domain Centralization
The system introduces two complementary tokens. Domain Possession Tokens (DOTs) symbolize possession and change the sector’s normal guide switch course of. Domain Service Tokens (DSTs) separate operational elements of the area, corresponding to DNS configuration or internet hosting administration. This separation permits possession and operation to exist on completely different layers with out dropping real-world utility like electronic mail or internet decision.
Take a look at numbers present sturdy early demand. The testnet recorded greater than 35 million transactions, 1.45 million addresses, and 200,000 tokenized domains, alongside a $1 million improvement program. The mainnet already has greater than 2,700 energetic addresses and round $183,000 in whole worth locked, small figures in comparison with the market’s scale however significant for a sector that had nearly no actual tokenization till now.
The problem is obvious: Doma should show that area holders will undertake this infrastructure as a viable exit or earnings channel, and that DeFi customers will see domains as a digital RWA class that’s productive and aligned with the liquidity, governance, and traceability necessities of the market.
