API3 DAO Staking Opportunity

**Featherlend** has joined the Api3 ecosystem as a modular liquidity layer and appchain suite built on **Sei Network**. Key features: - Designed for the "Internet of Lending" with **MorphoLabs** - Powered by **Api3DAO oracles** - **$250,000 in additional SEI rewards** available from day one The platform offers comprehensive lending tools: - Cross-chain bridging - Real-time pricing and rewards display - Portfolio management - Transaction bundling and optimizations Users can access Morpho on Sei through both Featherlend's full-featured app and Morpho Lite for essential functions only.

**Lending protocols are operating at a massive disadvantage.** Despite running continuously 24/7/365, these protocols generate less revenue than what could be captured in just **one day of Oracle Extractable Value (OEV)**. **The revenue gap is staggering:** - Current lending protocol annual revenue < 1 day of potential OEV capture - Protocols continue missing this opportunity by not upgrading oracles - OEV rewards represent untapped value sitting on the table **What is OEV?** Oracle Extractable Value refers to profits that can be captured when oracle price updates create arbitrage opportunities. Traditional oracles don't share this value with the protocols they serve. **The solution is straightforward:** Protocols need to upgrade their oracle infrastructure to start capturing OEV rewards instead of letting this value flow to MEV bots and searchers. This represents one of the largest missed opportunities in DeFi today.

**RLP token now has live price feeds** through API3 oracles, providing transparent multi-source pricing across 40+ blockchain networks. **Key details:** - RLP serves as the risk-bearing layer for USR stablecoin - Token holders earn yield by absorbing systemic risk - Available on [API3 Market](https://market.api3.org) This follows the earlier launch of RESOLV/USD feeds in July, expanding Resolv Labs' oracle infrastructure for their DeFi ecosystem.

Morpho Labs and Yearn Finance continue their collaboration on OEV (Maximal Extractable Value) recapture through their joint vault initiative. The OEV-Boosted USDC vault has shown significant growth since its launch, surpassing $10M in deposits. Key points: - Partnership focuses on returning value to users - Vault specifically designed for USDC deposits - Plans include expansion to additional markets and chains - Aims to provide sustainable yield opportunities Visit [Morpho's OEV-Boosted Vault](https://app.morpho.org/ethereum/vault/0x68Aea7b82Df6CcdF76235D46445Ed83f85F845A3/oev-boosted-usdc) to learn more.

The upcoming ETHPrague conference (May 27-29) will feature discussions on Optimistic Execution Value (OEV) in DeFi protocols. The event aims to educate developers and protocol owners about: - Methods to recapture value currently being lost in DeFi operations - Implementation strategies for OEV integration - Revenue enhancement opportunities for protocols The conference follows a successful presentation at ETH Bratislava, where similar topics were explored. Attendees can find representatives for detailed discussions by looking for Api3-branded participants.