@donnoh_eth@zklim5389 do oracles too
lots of skeletons in the closet there
I was fully serious when I said last week that making sure all our oracles are resilience and decentralization-maxxed is more important than stage 1 -> stage 2
Believe this could be built with Api3βs infra. Purchase access/on-demand resolution for a set period with the $API3 token, or contracted assistance with a third party to run this service.
Query LLM APIs for Boolean response to subjective question, majority wins and resolves.
0/ Today, the Ethereum Foundation deposited 2400 ETH and ~$6M stablecoins into Morphoβs yield-bearing vaults.
Morpho is a pioneer in permissionless DeFi protocols and consistently demonstrates a commitment to Free/Libre Open Source Software (FLOSS) principles.
π¨ Upcoming Changes to OEV Auctions π¨
At the end of this month, a new mechanism for OEV auctions will be introduced. This upgrade is designed to significantly improve efficiency.
Searchers currently partaking in OEV auctions should make sure to follow the announcement closely.
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Our OEV-boosted USDC vault is now sitting at $14.17M TVL with 13.9% APY, the highest in its category.
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Api3 really timed the treasury diversification into $ETH nicely. In well below $2k, well before ETH treasury companies / DAT were on the radar.
Sustainable reserves, sustainable revenue model
Switching to Api3's OEV enabled feeds would have improved these numbers by approximately $400k since February. There's a proposal to demonstrate this in a larger TVL deployment (we currently support all Moonbeam markets) live on Snapshot now. Make your voice heard π³οΈ
Nerite also uses @Api3DAO for oracles.
Bots pay to update oracle prices and compete to process liquidations, earning Stability Pool USND depositors more yield.
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As a first-party, OEV-enabled oracle, @Api3DAO leverages direct data from trusted sources like the CoinGecko API, and turns the oracle layer into a revenue stream.
Read our full case studyπ
https://t.co/WVRELrmQ1h