API3

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 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 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)

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.

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.

The OEV Network has launched a comprehensive oracle solution for lending protocols with several key features: - Full integration with all data feeds from the API3 Market - Support for 40+ EVM-compatible chains - Simple implementation process - Pull oracle functionality with infinite granularity The platform enables protocols to start earning OEV rewards immediately after implementing a new price feed. This solution aims to streamline oracle operations across the DeFi ecosystem while maintaining high standards of verifiability and decentralization.

Elara, a lending protocol, has officially launched on Zircuit L2 mainnet, marking a significant milestone after successful testnet operations. The protocol leverages API3's Oracle Stack to deliver decentralized lending services. Key Features: - Unified lending experience - Dynamic DeFi approach - Powered by API3 oracle technology This launch represents the evolution from testnet to full mainnet deployment, bringing advanced DeFi capabilities to the Zircuit L2 ecosystem.

API3 Market has introduced a new AUSD/USD price feed, accessible across 39 blockchains. AUSD, developed by @withAUSD, is the first fully collateralized digital dollar with a 1:1 USD fiat backing. Key points: - AUSD/USD feed now live on API3 Market - Available on 39 different blockchains - AUSD: First fully collateralized digital USD - 1:1 minting ratio with USD fiat Developers can start integrating this new data feed into their projects immediately. For more information and to access the feed, visit: http://market.api3.org

Ocean Protocol announces its role as a title sponsor for the Blockchain Oracle Summit 2024 (BOS24) in Bangkok on November 11. The event will gather leading figures in the oracle space. Key highlights: - Ocean Protocol will deliver a keynote on OEV (Oracle Extractable Value) - Participation in a panel discussion on DeFi's future with next-gen oracle solutions - Event features prominent minds and leaders in the blockchain oracle sector Interested parties can secure their tickets through the official event website.

API3 is inviting participants to join their DAO and contribute to reshaping the oracle landscape. Here's what you need to know: - Earn a variable APR of 30.5% by staking - Gain governance voting power in the DAO - Help shape the future of DeFi Interested parties can join through the API3 Oracle Stack. This opportunity allows stakeholders to have a direct impact on the development of decentralized oracles. For more information and to participate, visit: http://tracker.api3.org