According to Foresight News, API3 announced the official launch of the OEV Network mainnet. The OEV Network enables any lending protocol that uses API3 data feeds to recapture Oracle Extractable Value (OEV) lost due to liquidations. The OEV Network is a layer 2 solution where oracle service providers and searchers work together to combat the negative impact of oracle extractable value through a dedicated transaction-based oracle update auction.
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API3 announces the official launch of the OEV Network mainnet
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