Upgrading Oracle to OEV Network
Upgrading Oracle to OEV Network
馃憖 Oracle Upgrade Revealed...
API3 has released a tutorial video demonstrating how to upgrade an existing oracle to be compatible with the OEV Network. The video, presented by API3's Developer Relations team member wc49358, walks through the process of using the API3 Oracle Adapter to modify an oracle after the associated contracts have already been deployed. This allows for seamless integration with the OEV Network, which aims to provide verifiable and decentralized data directly from the source.
It鈥檚 easy to upgrade your oracle to be @OEVNetwork ready. Watch as API3 DevRel @wc49358 walks you through the API3 Oracle Adapter so you can change your oracle after your contracts have already been deployed. 馃
Want to switch over to @API3DAO oracles to take advantage of OEV but don't know how? We got you 馃憞
馃敆 Vyro Finance Joins Api3 Ecosystem
**Vyro Finance** is integrating with the Api3 ecosystem as a CDP (Collateralized Debt Position) protocol. The platform is launching on **Unichain** and will enable users to mint **$vyUSD**, an overcollateralized stablecoin, using the following assets as collateral: - $ETH - $wstETH - $UNI This integration aims to **unlock liquidity** across the broader ecosystem by providing a stable asset backed by multiple collateral types.
Maple Finance Enables SYRUP Collateral for USDC Borrowing on Morpho
**Maple Finance** has launched a new lending feature allowing users to borrow USDC using their $SYRUP tokens as collateral. **Key Details:** - Available exclusively on [Morpho](https://app.morpho.org/ethereum/market/0x729badf297ee9f2f6b3f717b96fd355fc6ec00422284ce1968e76647b258cf44/syrupusdc-usdc) through Kabu USDC - Users can supply SyrupUSDC as collateral while earning approximately 11-12% yield - USDC borrowing rate is around 56% - The mechanism allows for recursive yield farming, generating an additional ~5% yield with each cycle - Curated by Gauntlet and MEV Capital vaults This integration expands utility for SYRUP holders, enabling them to access liquidity without selling their tokens while continuing to earn yield on their collateral.
ONDO Now Accepted as Collateral on Morpho
Morpho has integrated ONDO tokens as collateral, enabling users to borrow USDC against their Ondo Finance positions on Ethereum mainnet. **Key Details:** - ONDO holders can now use their tokens as collateral to borrow USDC - Available on Ethereum mainnet through Morpho's lending protocol - Access the market at [app.morpho.org](https://app.morpho.org/ethereum/market/0x7dea3baf843210ce0a4a9e6374cea47dcd55384fb36d2d701e69b221867b39e5/ondo-usdc) This integration expands borrowing options for real-world asset (RWA) token holders within DeFi.
First EIGEN/USDC Lending Market Launches on Morpho
A new lending market for EIGEN tokens has launched on Morpho's Ethereum mainnet. **Key Details:** - First EIGEN/USDC trading pair now available on the platform - Users can leverage their EIGEN holdings to access liquidity - Market accessible at [app.morpho.org](https://app.morpho.org/ethereum/market/0x6d1dae6238f6f296abb77d9e17a8429132458146bc89d1d2b20516b87a40dee7/eigen-usdc) This addition expands Morpho's lending options, following their recent USDC borrowing incentives on Base and Ethereum mainnet. The platform continues to build out its DeFi lending infrastructure with support for various token pairs.
YeiFinance Launches on Injective EVM with API3 Oracle Integration
**YeiFinance has officially launched on Injective EVM**, integrating API3's first-party oracles with OEV (Oracle Extractable Value) capabilities. - Builders can now access **real-time data feeds** through API3's oracle infrastructure - The integration provides **secure and transparent** data delivery directly from source - API3 served as a **launch partner** for Injective EVM mainnet This deployment enables developers to leverage advanced oracle functionality including OEV capture mechanisms. The partnership represents API3's continued expansion across EVM-compatible networks. Developers can access the data feeds at [market.api3.org/injective](http://market.api3.org/injective).