RIF/USD price feed now available on API3 Market

**API3 is deprecating its OEV Network** as part of a strategic shift in Oracle Extractable Value (OEV) capture methods. **Key Changes:** - OEV Network officially shutting down after November - Integrated dApps will continue capturing OEV through partnered searchers - Users must bridge out all funds before the deadline **Action Required:** All users need to withdraw their funds from the OEV Network before the end of November to avoid potential loss. The transition represents API3's evolution toward a more streamlined approach to OEV capture, moving away from the dedicated network model to partnered searcher integration.

**API3 is positioning itself for dominance** in the emerging curation landscape by focusing on oracle transaction control. The project's **first-party oracle solutions** aim to avoid the competitive race to the bottom that other oracle projects face. This strategic approach differentiates API3 from competitors who rely on third-party data feeds. **Key advantages include:** - Direct data sourcing from APIs - Reduced intermediary dependencies - Enhanced data verification capabilities API3's co-founder has outlined a **hawkish strategy** that leverages their unique positioning in the oracle space. The "curation arc" represents a shift toward more selective, high-quality data provision rather than broad, commoditized oracle services. This positioning could prove crucial as **blockchain applications demand higher data quality** and reliability standards.

**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 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.

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.