OEV Network: Capturing Millions of Dollars Lost to MEV in Lending Protocols

By API3
Feb 15, 2024, 5:02 PM
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Lending protocols are losing millions of dollars annually due to MEV.​ OEV Network, an onchain solution built on Polygon CDK, aims to capture and return this value to dApps.​ The network utilizes zk-rollup technology and specialized order-flow auctions for oracle updates.​ It offers security, accessibility, transparency, and accountability.​ OEV Network is working with Gateway to make the solution scalable and efficient, accessible to a broad range of dApps across all chains.​ This onchain MEV solution aims to revolutionize DeFi and enable dApps to recapture value and generate sustainable revenue.​

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Serious problems need serious solutions. Lending protocols are leaking millions of dollars annually due to OEV. OEV Network is an onchain solution for dApps to capture that value. For every dApp. On every chain. Here’s why we built it on @0xPolygonLabs CDK. 🧵👇

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DeFi protocols are leaking hundred of millions of dollars due to OEV. The future of onchain finance is multi-chain, meaning every dApp on every chain will need a solution to capture that value. That’s what we’ve been building. And it’s almost ready.

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