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长缨缚苍龙
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TVS skyrocketed by an astonishing 350%! What secret does API3 bring to the top of the oracle market?
$API3 $BTC
$API3 #
The competition among blockchain oracle projects has become increasingly fierce. Among them, the TVS (Total Value Secured) of API3 has surged sharply in the past month, and the token price has also increased accordingly. What is the reason?
Oracle (Orcale) is a fiercely competitive track in the encryption trading market. Many excellent projects have emerged, but the one that is truly well-known to the public is the leader Chainlink. However, when observing the TVS data of the oracle track, we found that API3 has experienced an astonishing increase in the past month.
Let us first popularize a concept here, TVS (Total Value Secured), which is to oracle machines what TVL is to DeFi projects. It is an evaluation standard specifically for oracle machine projects. Because the role of the oracle is to maintain the interoperability of on-chain and off-chain asset data and does not hold locked assets, in the field of oracles, the TVS (Total Value Secured) indicator is generated based on the TVL input using its protocol, which is used to indicate that there are How much third-party protocol funds protect user assets through the correctness of this oracle.
$API3 #
The competition among blockchain oracle projects has become increasingly fierce. Among them, the TVS (Total Value Secured) of API3 has surged sharply in the past month, and the token price has also increased accordingly. What is the reason?
Oracle (Orcale) is a fiercely competitive track in the encryption trading market. Many excellent projects have emerged, but the one that is truly well-known to the public is the leader Chainlink. However, when observing the TVS data of the oracle track, we found that API3 has experienced an astonishing increase in the past month.
Let us first popularize a concept here, TVS (Total Value Secured), which is to oracle machines what TVL is to DeFi projects. It is an evaluation standard specifically for oracle machine projects. Because the role of the oracle is to maintain the interoperability of on-chain and off-chain asset data and does not hold locked assets, in the field of oracles, the TVS (Total Value Secured) indicator is generated based on the TVL input using its protocol, which is used to indicate that there are How much third-party protocol funds protect user assets through the correctness of this oracle.
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