Elara Labs Goes Live on Zircuit L2 Testnet
Elara Labs Goes Live on Zircuit L2 Testnet
馃殌 Lending on Zircuit: What's next?
Elara Labs has launched on Zircuit L2 testnet, leveraging API3's Oracle Stack for their lending protocol. This integration offers a unified and dynamic approach to DeFi on Zircuit.
Key points:
- Elara uses API3 Oracle Stack for their lending protocol
- Currently live on Zircuit L2 testnet
- Mainnet launch anticipated soon
API3's Oracle Stack on Zircuit L2 provides:
- 160+ decentralized data feeds (dAPIs)
- OEV Network for MEV recapture
- Seamless dApp deployment
Explore Elara's lending experience now and stay tuned for their mainnet launch!
Our friends at @ElaraLabs are live on @ZircuitL2 testnet! 馃帀 Elara is leveraging the API3 Oracle Stack to power their lending protocol, offering a unified & dynamic approach to DeFi on Zircuit. Start exploring their lending experience鈥攚e're excited to see them go live on
Elara is now live on the Zircuit Testnet! #Elara is an innovative lending protocol on Zircuit, designed to optimize capital efficiency, asset variety, and security. We have prepared the Special Badge and Cash Reward for #Elara joiners. 馃巵 #Elara #Lending #Zircuit #Testnet
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.*
馃 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.