Elara Goes Live on Zircuit L2 with API3 Integration
Elara Goes Live on Zircuit L2 with API3 Integration
🚀 Lending Just Got Zesty
Elara, a lending protocol, has officially launched on Zircuit L2 mainnet, marking a significant milestone after successful testnet operations. The protocol leverages API3's Oracle Stack to deliver decentralized lending services.
Key Features:
- Unified lending experience
- Dynamic DeFi approach
- Powered by API3 oracle technology
This launch represents the evolution from testnet to full mainnet deployment, bringing advanced DeFi capabilities to the Zircuit L2 ecosystem.
API3 Oracle Services Launch on Injective EVM Mainnet Supporting YeiFinance
**API3 announces continued partnership with YeiFinance**, providing comprehensive oracle services on the Injective EVM mainnet from launch day. **Key developments:** - Oracle services include **OEV (Oracle Extractable Value) capture** capabilities - API3 will be **live on Injective EVM mainnet on day one** - Partnership extends existing support for YeiFinance operations The integration brings API3's oracle infrastructure to Injective's EVM-compatible environment, enabling DeFi protocols to access reliable price feeds and capture additional value through OEV mechanisms. *Stay updated on API3's expanding oracle network deployments.*
🪶 Featherlend Joins Api3
**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.
RLP/USD Oracle Feed Goes Live on API3
**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 OEV-Boosted Vault Update
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.
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.