Lending

API3’s OEV Network aims to reclaim Oracle Extractable Value for Lending Protocols – Decrypt

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API3’s OEV Network aims to reclaim Oracle Extractable Value for Lending Protocols – Decrypt

Decentralized oracle provider API3 has introduced the OEV Network, a first-of-its-kind on-chain solution designed to recover oracle extractable value (OEV) for lending protocols. The platform, now live and fully integrated with API3 Oracle Stack, operates as a layer-2 system to facilitate an efficient market for oracle updates. Unlike Maximum Extractable Value (MEV) which extracts value … Read more

API3’s OEV Network aims to reclaim Oracle Extractable Value in Lending Protocols – Decrypt

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API3’s OEV Network aims to reclaim Oracle Extractable Value for Lending Protocols – Decrypt

API3, a decentralized oracle provider, has announced the launch of the OEV Network, described as the first on-chain solution for recovering oracle extractable value (OEV) for lending protocols. Integrated with the API3 Oracle Stack, the OEV Network is a layer-2 platform designed to create an efficient market for oracle updates. While Maximum Extractable Value (MEV) … Read more

API3’s OEV Network revolutionizes the lending industry with cutting-edge Oracle technology – The Defiant

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API3’s OEV Network revolutionizes the lending industry with cutting-edge Oracle technology – The Defiant

The OEV Network, recently launched by API3, is a major milestone in the evolution of oracle infrastructure for securing DeFi protocols. Available on 37 networks, the OEV Network addresses the issue of maximum extractable value (MEV) in lending protocols, which has resulted in the loss of millions of dollars annually. By offering a solution to … Read more