Pac Finance Leverages API3 Oracle Stack for Lending Protocol on Blast L2
Pac Finance Leverages API3 Oracle Stack for Lending Protocol on Blast L2
馃敟 Lending Protocol Unleashed
Pac Finance, a lending and margin trading protocol built on the Blast L2 network, has integrated the API3 oracle stack to power its decentralized lending services. By utilizing API3's decentralized data feeds, Pac Finance benefits from a built-in MEV solution provided by the OEV Network, enabling optimal protocol performance and recapturing of protocol MEV. Pac Finance offers peer-to-peer and peer-to-pool lending, native yield generation, zero-gas transactions, one-click leverage, and self-repaying loans.
We are thrilled to announce that @pac_finance is using the API3 oracle stack to power their lending protocol on @Blast_L2. 馃挜 By using our decentralized data feeds, Pac benefits from having a built-in MEV solution with the @OEVNetwork to recapture protocol MEV for optimal
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.