LIVE
API3
@API3DAO
Verifiable. Decentralized. Straight from the source.
Жазылым
Жазылушылар
лайк басылған
Бөлісу
Maximal Extractable Value (MEV) has become an increasingly important topic in the DeFi ecosystem due to the potential negative effects it may have on dApps and users. But what is MEV❓ Here's a short thread to understand the basics: 🧵⬇️
2/ Simple definition: MEV refers to the maximum amount of value that can be captured by bots 🤖 — also known as “searchers” — through their ability to identify and exploit opportunities which arise from the ordering, inclusion, or exclusion of transactions within a block.
2/ Simple definition: MEV refers to the maximum amount of value that can be captured by bots 🤖 — also known as “searchers” — through their ability to identify and exploit opportunities which arise from the ordering, inclusion, or exclusion of transactions within a block.
Maximal Extractable Value (MEV) has become an increasingly important topic in the DeFi ecosystem due to the potential negative effects it may have on dApps and users. But what is MEV❓ Here's a short thread to understand the basics: 🧵⬇️
2/ Simple definition: MEV refers to the maximum amount of value that can be captured by bots 🤖 — also known as “searchers” — through their ability to identify and exploit opportunities which arise from the ordering, inclusion, or exclusion of transactions within a block.
2/ Simple definition: MEV refers to the maximum amount of value that can be captured by bots 🤖 — also known as “searchers” — through their ability to identify and exploit opportunities which arise from the ordering, inclusion, or exclusion of transactions within a block.
ℹ️ Important Update for API3 Market Users
API3 has been pointing dAPIs with NO ACTIVE subscriptions to self-funded Nodary feeds.
This will change on March 31. 🗓️
If you're utilizing a DapiProxy contract, please read on, as these changes may impact you.
Is my dApp impacted by this❓
1. Check your dAPI subscription. Visit http://market.api3.org, find the dAPI(s) you read through DapiProxy, and select your chain.
If your dAPI displays a "Self-funded" label, you must take action.
(Note: LST and LRT feeds will automatically be converted to managed and no change is needed)
How can I resolve this❓
1. Buy a subscription for that data feed and continue renewing it for the duration of your usage.
2. Continue reading the same self-funded Nodary feed, but through a DataFeedProxy contract, as instructed by http://nodary.io/feeds.
Reminder of Best Practices:
❌ Do not read data feeds directly from the Api3ServerV1 contract.
✅ Read from the appropriate proxy contract.
✅ Implement a mechanism to be able to switch the proxy contract that you read a data feed from as necessary.
❌ Do not trust anyone to renew your subscriptions or fund your self-funded feeds on your behalf.
API3 has been pointing dAPIs with NO ACTIVE subscriptions to self-funded Nodary feeds.
This will change on March 31. 🗓️
If you're utilizing a DapiProxy contract, please read on, as these changes may impact you.
Is my dApp impacted by this❓
1. Check your dAPI subscription. Visit http://market.api3.org, find the dAPI(s) you read through DapiProxy, and select your chain.
If your dAPI displays a "Self-funded" label, you must take action.
(Note: LST and LRT feeds will automatically be converted to managed and no change is needed)
How can I resolve this❓
1. Buy a subscription for that data feed and continue renewing it for the duration of your usage.
2. Continue reading the same self-funded Nodary feed, but through a DataFeedProxy contract, as instructed by http://nodary.io/feeds.
Reminder of Best Practices:
❌ Do not read data feeds directly from the Api3ServerV1 contract.
✅ Read from the appropriate proxy contract.
✅ Implement a mechanism to be able to switch the proxy contract that you read a data feed from as necessary.
❌ Do not trust anyone to renew your subscriptions or fund your self-funded feeds on your behalf.
We are thrilled to announce that @pac_finance is using the API3 oracle stack to power their lending protocol on @Blast_L2. 💥
By using our decentralized data feeds, Pac benefits from having a built-in MEV solution with the @OEVNetwork to recapture protocol MEV for optimal protocol performance.
Explore the future of onchain lending with Pac Finance on Blast.
Pac Finance is the first self-paying lending & margin trading protocol built on Blast, featuring:
✅ Peer-to-peer & Peer-to-pool lending
✅ Native yield
✅ Zero-gas experience
✅ More points
✅ One-click leverage
✅ Self-repaying loans
Start lending to earn more points and more rewards. 🤩
https://www.pac.finance/
By using our decentralized data feeds, Pac benefits from having a built-in MEV solution with the @OEVNetwork to recapture protocol MEV for optimal protocol performance.
Explore the future of onchain lending with Pac Finance on Blast.
Pac Finance is the first self-paying lending & margin trading protocol built on Blast, featuring:
✅ Peer-to-peer & Peer-to-pool lending
✅ Native yield
✅ Zero-gas experience
✅ More points
✅ One-click leverage
✅ Self-repaying loans
Start lending to earn more points and more rewards. 🤩
https://www.pac.finance/
We are excited to unveil that @Juice_Finance is using dAPIs to power their permissionless lending protocol on @Blast_L2. 💥
JUICE Finance empowers users with composable leverage, enabling them to maximize their yield & point farming activities within the Blast ecosystem.
By using dAPIs, Juice benefits from having a built-in MEV solution with the @OEVNetwork to recapture protocol MEV for optimal protocol performance.
JUICE is a permissionless lending protocol that allows users to access up to 3x leverage on their collateral to use in the most well vetted & popular dApps on Blast.
That means:
✅ More Yield
✅ More Points
✅ More Airdrops
✅ More Rewards
JUICE aims to be the premier destination for users to optimize their yield and point farming on Blast.
Start lending or trading to earn Juice, Thruster, and Blast points. 🧃
https://www.juice.finance/
JUICE Finance empowers users with composable leverage, enabling them to maximize their yield & point farming activities within the Blast ecosystem.
By using dAPIs, Juice benefits from having a built-in MEV solution with the @OEVNetwork to recapture protocol MEV for optimal protocol performance.
JUICE is a permissionless lending protocol that allows users to access up to 3x leverage on their collateral to use in the most well vetted & popular dApps on Blast.
That means:
✅ More Yield
✅ More Points
✅ More Airdrops
✅ More Rewards
JUICE aims to be the premier destination for users to optimize their yield and point farming on Blast.
Start lending or trading to earn Juice, Thruster, and Blast points. 🧃
https://www.juice.finance/
The @0xMantle ecosystem is thriving, reaching over $300M TVL. 🔥
Soon, all protocols using our data feeds will incorporate a built-in MEV solution with @OEVNetwork to start recapturing value.
Here are some of our Ecosystem Partners building on Mantle:
#API3Ecosystem 🧵 ⬇️
@lendlexyz @Minterest @AureliusFi @MysoFinance @gravitaprotocol 2/
@InitCapital_ aims to function as the liquidity layer on @0xMantle, facilitating DeFi activities for users & fostering use cases for dApps to build on.
All stakeholders can explore the Liquidity Hook Money Market to lend, borrow, & start earning.
https://t.co/kbXgu22j4k
Soon, all protocols using our data feeds will incorporate a built-in MEV solution with @OEVNetwork to start recapturing value.
Here are some of our Ecosystem Partners building on Mantle:
#API3Ecosystem 🧵 ⬇️
@lendlexyz @Minterest @AureliusFi @MysoFinance @gravitaprotocol 2/
@InitCapital_ aims to function as the liquidity layer on @0xMantle, facilitating DeFi activities for users & fostering use cases for dApps to build on.
All stakeholders can explore the Liquidity Hook Money Market to lend, borrow, & start earning.
https://t.co/kbXgu22j4k
ℹ️ Important Update for API3 Market Users
API3 has been pointing dAPIs with NO ACTIVE subscriptions to self-funded Nodary feeds.
This will change on March 31. 🗓️
If you're utilizing a DapiProxy contract, please read on, as these changes may impact you.
Is my dApp impacted by this❓
1. Check your dAPI subscription. Visit http://market.api3.org, find the dAPI(s) you read through DapiProxy, and select your chain.
If your dAPI displays a "Self-funded" label, you must take action.
(Note: LST and LRT feeds will automatically be converted to managed and no change is needed)
How can I resolve this❓
1. Buy a subscription for that data feed and continue renewing it for the duration of your usage.
2. Continue reading the same self-funded Nodary feed, but through a DataFeedProxy contract, as instructed by http://nodary.io/feeds.
Reminder of Best Practices:
❌ Do not read data feeds directly from the Api3ServerV1 contract.
✅ Read from the appropriate proxy contract.
✅ Implement a mechanism to be able to switch the proxy contract that you read a data feed from as necessary.
❌ Do not trust anyone to renew your subscriptions or fund your self-funded feeds on your behalf.
API3 has been pointing dAPIs with NO ACTIVE subscriptions to self-funded Nodary feeds.
This will change on March 31. 🗓️
If you're utilizing a DapiProxy contract, please read on, as these changes may impact you.
Is my dApp impacted by this❓
1. Check your dAPI subscription. Visit http://market.api3.org, find the dAPI(s) you read through DapiProxy, and select your chain.
If your dAPI displays a "Self-funded" label, you must take action.
(Note: LST and LRT feeds will automatically be converted to managed and no change is needed)
How can I resolve this❓
1. Buy a subscription for that data feed and continue renewing it for the duration of your usage.
2. Continue reading the same self-funded Nodary feed, but through a DataFeedProxy contract, as instructed by http://nodary.io/feeds.
Reminder of Best Practices:
❌ Do not read data feeds directly from the Api3ServerV1 contract.
✅ Read from the appropriate proxy contract.
✅ Implement a mechanism to be able to switch the proxy contract that you read a data feed from as necessary.
❌ Do not trust anyone to renew your subscriptions or fund your self-funded feeds on your behalf.
Let's unlock the secrets of how lending protocols work to discover how OEV Network can reclaim tens of millions of dollars lost to MEV each year.
Here's a short thread on everything you need to know about MEV related to liquidations.
🌊🧵
Lending protocols are core money legos for onchain finance, allowing users to earn interest on their assets in a permissionless & decentralized manner.
Liquidations play an important role for maintaining the health of lending dApps by reducing bad debt & the risk of credit loss.
Here's a short thread on everything you need to know about MEV related to liquidations.
🌊🧵
Lending protocols are core money legos for onchain finance, allowing users to earn interest on their assets in a permissionless & decentralized manner.
Liquidations play an important role for maintaining the health of lending dApps by reducing bad debt & the risk of credit loss.
We've just launched new data feeds on @Blast_L2. 💥
Builders on Blast can simply read any data feed:
▲ No need to push your own prices
▲ No gas costs
▲ Built to scale
Now live on the API3 Market.
#StraightFromTheSource
Visit the API3 Market to get started using dAPIs to power your protocol on @Blast_L2. 💥
https://t.co/v627EnZZdm
Builders on Blast can simply read any data feed:
▲ No need to push your own prices
▲ No gas costs
▲ Built to scale
Now live on the API3 Market.
#StraightFromTheSource
Visit the API3 Market to get started using dAPIs to power your protocol on @Blast_L2. 💥
https://t.co/v627EnZZdm
Did you know⁉️
Lending protocols are leaking MILLIONS of dollars each month due to MEV.
In February alone, our friends at @aave paid out over $2.5M in liquidation incentives, totaling over $6.5M YTD.
It’s time to recapture that value🔥
#OEVNetwork
Powered by @0xPolygon's CDK, we are going to empower EVERY dApp on EVERY chain to recapture lost value from MEV.
Read our litepaper:
https://t.co/QijUXpjd7t
Lending protocols are leaking MILLIONS of dollars each month due to MEV.
In February alone, our friends at @aave paid out over $2.5M in liquidation incentives, totaling over $6.5M YTD.
It’s time to recapture that value🔥
#OEVNetwork
Powered by @0xPolygon's CDK, we are going to empower EVERY dApp on EVERY chain to recapture lost value from MEV.
Read our litepaper:
https://t.co/QijUXpjd7t
Join us at 11:40am today on the main stage @EthereumDenver.
API3 Strategy Lead @UgurMersin61 will be introducing OEV Network & showing how every dApp on every chain can recapture MEV through specialized OFAs around oracle updates.
With OEV Network, dApps can simply read any data feed & start earning.
API3 Strategy Lead @UgurMersin61 will be introducing OEV Network & showing how every dApp on every chain can recapture MEV through specialized OFAs around oracle updates.
With OEV Network, dApps can simply read any data feed & start earning.
