The Api3 shields are up. 🛡️
We've partnered with @HypernativeLabs to add an additional protective layer over our Morpho vaults - a specialized second set of eyes watching for malicious actors, on top of the security already built into our curation and oracle stack. 🧵
Looks like having your own in house OEV solution was the correct decision all along. No Lindy breaking changes, no need to buy other products, just built in OEV for over a year
With the passing of secondary proposal #123, @Api3DAO has sold another tranche of its ETH reserves, originally acquired at a cost basis of ~$1,800.
This brings total ETH sold to 2,565.77, at an average sell price of $3,508, marking a gain of ~94.9%.
We’re building markets where the bold get rewarded.
Borrow USDC on Morpho using wstETH as collateral and keep your HF < 1.2 to earn 3.65% fixed APR through API3’s new Merkl campaign.
Just the first step in rewriting what it means to bet on ETH.
https://t.co/xyatA4XPib
I really admired Vercel, truly. For years, I contributed to Next.js, spoke at their conferences, and made friends with so many people on their team. I even seriously considered working there.
Well, things have changed. Here’s a list of resources to help you migrate away:
@ChainLinkGod The point of the oracle is to secure value and protect users.
If the oracle is "dumb" and just spits out pool prices, why even use Chainlink at all?
Lastly, marking the oracle as "high-risk" on your website doesn't actually protect users. It's just an attempt to save face.