According to Odaily, API3, a leading blockchain service provider, has announced the launch of its Oracle Stack on Neon EVM. This development will allow developers to access decentralized data sources (dAPI) and the upcoming OEV network. The move is aimed at recapturing protocol MEV generated due to Oracle updates.
The launch of the Oracle Stack on Neon EVM is a significant step forward for API3. It will provide developers with the tools they need to access decentralized data sources and the soon-to-be-launched OEV network. This will enable them to recapture protocol MEV that has been generated due to updates in Oracle.
This development is expected to have a significant impact on the blockchain industry. By providing developers with access to decentralized data sources and the upcoming OEV network, API3 is positioning itself as a leader in the industry. The launch of the Oracle Stack on Neon EVM is a clear indication of API3's commitment to providing innovative solutions in the blockchain space.