We are thrilled to announce that INIT was among the first protocols to join our private access beta group and integrate @OEVNetwork.
INIT's Liquidity Hook Money Market lets users on @0xMantle and @blast lend, borrow, and earn competitive yield.
With OEV Network now live and integrated into our data feeds, INIT can start recapturing protocol MEV. 🌊
INIT Capital believes that liquidity should be an accessible commodity for everyone on Mantle and Blast. With OEV Network, it’s ready to get an extra blast of liquidity, opening up new opportunities for innovation. 💥
Catch up on this week's most exciting developments:
🤝 We announced our partnership with @Calderaxyz for the build of @OEVNetwork, bringing us one step closer to launch. 🎙️ API3 Developer Advocate @wc49358 led a hands-on workshop with the @0xMantle team on how easy it is to use the API3 Market. 🔗 New Chain Partnerships: We welcomed @Neon_EVM and @AstarNetwork zkEVM to the API3 Market 🛠️ dApp Partnerships: @SturdyFinance is now powering isolated lending pools like $ezETH on @modenetwork with the API3 Oracle Stack 👀 Check out the latest staking rewards on the API3 DAO Tracker.
🇧🇪 Most importantly, we're ready for Brussels and @EthCC next week, hope to see you there!
We are happy to share @SturdyFinance is powering their isolated lending protocol with the API3 Oracle Stack on @modenetwork! 🟡
Sturdy is revolutionizing DeFi lending with a novel two-tier architecture to isolate risk between assets while avoiding liquidity fragmentation.
🏦 Isolated Risk Pools: Each lending pair operates independently, securing your investments. 🔄 Optimized Liquidity: Aggregators distribute funds across pools to maximize yields. 🛡️ Controlled Exposure: Choose which assets to be exposed to, minimizing risk. 🔓 Permissionless: Easy setup for any token pair.
Start exploring isolated lending pools like the $ezETH market on Sturdy Finance:
Great news! @segment_fi has integrated the API3 Oracle Stack to power their decentralized, non-custodial liquidity market protocol on @build_on_bob 🟠
Segment Finance is an advanced lending and borrowing platform for the Superchain ecosystem and is building out the Layer 2 Bitcoin ecosystem, offering:
▲ Competitive yields ▲ A diverse range of assets ▲ Deep liquidity ▲ Isolated pools
We're excited to announce a strategic shift in the @OEVNetwork's development, now building on @arbitrum Orbit.
By leveraging Arbitrum Orbit, the OEV Network is set to redefine the oracle landscape around oracle services that are integrated with solutions to recapture protocol MEV. We chose Arbitrum Orbit for its superior performance in speed, operational costs, and scalability.
We are proud to push the boundaries of what’s possible using blockchain technology and look forward to the imminent rollout and success of the OEV Network.
As the launch of OEV Network draws nearer, we want to provide you with an important update on the infrastructure decisions made by the API3 Core Technical team.
Initially, we chose to partner with Polygon for the launch of the OEV Network, believing that the Polygon zk-rollup CDK would best meet our needs and align with our go-to-market strategy. However, due to timeline constraints preventing us from accelerating the launch, we have decided to pivot and select a new infrastructure partner.
We are pleased to announce our collaboration with Arbitrum Orbit, the optimal solution for permissionlessly launching L2 and L3 networks.
Our new infrastructure provider will enable us to deliver the OEV Network to DeFi protocols more rapidly. We currently have a closed beta focus group underway, positioning us to move forward swiftly.
In the future, we will continue to explore connecting to the Polygon AggLayer for unified liquidity and further scalability.