API3 Discontinues Certain Data Feeds, Focuses on High-Demand Offerings
API3 Discontinues Certain Data Feeds, Focuses on High-Demand Offerings
🔍 Data feed shakeup...
API3 announces the discontinuation of equities, forex, and commodities data feeds on the API3 Market, effective October 1. This decision aims to optimize offerings and reduce maintenance costs.
Key points:
- Focus shifts to high-demand data feeds
- 170+ data feeds remain available on API3 Market
- Popular feeds include cryptocurrencies, LST/LRT, and stablecoins
The API3 Market continues to provide an easy-to-use platform for browsing, accessing, and managing various data feeds.
Call to Action: Visit API3 Market to explore available data feeds and start building.
API3's governance is fully decentralized—by the community, for the community. Join the DAO! Earn a variable APR of 34.5%, gain governance voting power, & stake your claim to helping redefine the oracle landscape around API3's Oracle Stack. tracker.api3.org
There was a time in the early days of DeFi when bringing data onchain was enough-but those days are over. The next generation of oracles will drive protocol performance by recapturing MEV & enhancing efficiency. 🚀 It's time to upgrade your oracle. 🧵⬇️ link.medium.com/768BdLjFFMb
Join us at @ETHWarsaw to discover how API3 is changing the oracle landscape. @UgurMersin61 will discuss why most oracle projects struggle to find a viable business model and how @OEVNetwork is set to transform the space. ⏰ Thursday 12pm on Masuria Stage
🙌🏻 We continue to announce our speakers, who will share their ideas and web3 expertise during the talks, workshops and panels: 🔸 @michalcym from @dominationfi 🔸 @vanishree_rao 🔸 @kamilgorski from @Tokenguard_io 🔸 @ngweihan_eth from @NethermindEth 🔸 @cryptomattk from
What happened to DeFi? Centralization = falling backwards Let’s move DeFi FORWARD ⏩ API3's Oracle Stack offers: ▲ Permissionless access ▲ Data straight from source ▲ Verifiability onchain ▲ Truly decentralized data ▲ MEV recapture mechanism Built better. ⟁
Join us at @tbc_munich to see how API3 is revolutionizing the oracle landscape with @OEVNetwork. @UgurMersin61 will show why simply bringing data onchain as an oracle isn't enough. API3 is the only oracle to offer a built-in solution for recapturing OEV, allowing dApps to thrive
ℹ️ Important Update: Streamlining Our Data Feeds Effective October 1, we will be discontinuing our equities, forex, and commodities data feeds on the API3 Market. This decision is part of our ongoing effort to optimize our offerings by focusing on high-demand data feeds and
API3 is proud to sponsor @tbc_munich and participate in the Ecosystem track. We'll be showcasing how our next-generation Oracle Stack is transforming DeFi with @OEVNetwork, giving lending protocols a built-in mechanism to recapture oracle extractable value.
📣 𝐁𝐫𝐨𝐧𝐳𝐞 𝐒𝐩𝐨𝐧𝐬𝐨𝐫 𝐀𝐧𝐧𝐨𝐮𝐧𝐜𝐞𝐦𝐞𝐧𝐭 We are excited to announce our Bronze Sponsors for the TUM Blockchain Conference 2024! 🚀 @ethereum (ESP), @API3DAO, @Obol_Collective, @Scroll_ZKP, @wm_gruppe, @ensdomains, @LidoFinance, @nil_foundation, @FilFoundation pic.x.com/VDI8XzXCfH
Most blockchain oracles give you data, but don’t let you verify the source onchain. Defy middlemen. Defy gated access. Defy trusted parties. Defy opaque data. Demand transparency. Challenge the status quo. Let's move DeFi FORWARD ⏩
Simple. Fast. Accessible. Integrating data into your smart contracts is easier than ever on the API3 Market. It’s time to upgrade your oracle. market.api3.org
Unlock the power of a next-generation oracle for your smart contracts. Get the data you need, when you need it. And get paid. 🪙 Our guide makes upgrading your oracle a breeze. youtube.com/watch?v=9qtvVg…
We're doubling down on DeFi. crypto.news/api3-launches-…
Sonic DeFi Workshop #3(a): Deploy Your Own Aave Fork
Sonic Labs is hosting Workshop #3(a) focused on deploying Aave forks with Oracle Extractable Value (OEV) integration. Key Details: - **Hosts**: billyjitsu_ from Api3 and 0xseg from Sonic - **Topic**: Step-by-step guide to fork Aave and integrate OEV oracles - **Date**: June 20 - **Time**: 15:00 UTC - **Platform**: Live stream on X (formerly Twitter) This technical workshop will demonstrate how to launch your own lending protocol based on Aave's architecture while making it OEV-ready. [Join the livestream](https://twitter.com/SonicLabs)
OEV-Boosted Morpho Markets Launch with API3 and Yearn
Morpho Labs introduces enhanced lending markets that capture and redistribute liquidation value back to market users. This new system, called OEV-Boosted Morpho Markets, is built through a collaboration between Morpho Labs, Yearn Finance, and API3. Recent market activity demonstrated the potential, with $19M in liquidations on Morpho Labs. A successful test on a tBTC/USDC lending market showed effective OEV capture. Key features: - Liquidation value retained within markets - Automated yield boosting - Integration with Yearn's curation - Powered by API3's infrastructure [Learn more about OEV-Boosted Markets](https://blog.api3.org/introducing-oev-boosted-morpho-markets/)
OEV Network Revolutionizes Oracle Updates and L2 Performance
OEV (Oracle Extractable Value) Network is transforming how oracle updates and liquidations work on L2s: - Eliminates block-level spam during oracle updates and liquidations - Creates an efficient market for oracle updates where searchers can bid for valuable updates - Moves data competition off-chain, improving L2 performance - Replaces probabilistic arms races with definitive outcomes - Allows searchers to update prices at optimal times The system addresses data feed granularity issues while making the entire process more efficient and predictable.
ETHPrague Conference to Address DeFi Value Recapture Through OEV
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.
Oracle Migration Guide: Earn Rewards and Enhance Security
A new migration guide helps lending protocols transition from Chainlink to API3, offering multiple benefits: - Earn revenue through Oracle Extractable Value (OEV) Rewards - Enhance security with multi-oracle support - Seamless upgrade process that maintains system stability The guide comes as lending protocols increasingly recognize untapped revenue potential in oracle services. @MetisDevs workshop provides implementation support for protocols looking to upgrade their oracle infrastructure.