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
Sonic DeFi Workshop #3(a) Replay: Deploying Aave Fork with OEV Integration
The replay of Sonic's DeFi Workshop #3(a) is now available, featuring @billyjitsu_ from Api3 and @0xseg from Sonic Labs. The workshop covers: - Step-by-step guide to deploying an Aave fork - Integration process for Oracle Extractable Value (OEV) - Setting up OEV-ready oracles for lending platforms The session focuses on practical implementation, helping developers create their own lending markets with advanced oracle capabilities. *Watch the full workshop replay on X via [@SonicLabs](https://twitter.com/SonicLabs)*
API3 to Showcase Oracle Evolution at EthCC
API3 will demonstrate how oracles can become revenue-generating infrastructure at EthCC in Cannes, France (June 30 - July 3). The team will showcase their **Optimistic Evolution Value (OEV) Network**, which enables protocols to capture value from their oracle usage. Key points: - Protocols can monetize their oracle infrastructure - Direct value capture from data provision - Built-in solution for recapturing OEV Visit the API3 booth to learn how this approach helps dApps thrive in competitive markets.
Yearn and API3 Launch OEV-Boosted Morpho Markets
Yearn Finance has launched new OEV-Boosted USDC vaults built on Morpho Labs and powered by API3 oracles. The innovation captures value from liquidations and returns it to vault depositors, rather than losing it to validator bidding wars. Key features: - Improved yields through Oracle Extractable Value (OEV) redistribution - Exclusive use of API3 oracles for price feeds - Value captured during market volatility periods - Automated liquidation process The system works by obscuring oracle data and auctioning it to liquidators, shifting value capture from validators to the protocol. This creates a more efficient market with better returns for users. [Learn more about OEV-Boosted Vaults](https://forum.morpho.org/t/new-oev-boosted-vaults-by-yearn-api3/1833)
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.