API3 is a token of a DAO-managed project to create a dAPI. The project features an open and direct management model, the stake holders will receive part of the income from dAPI, inflationary rewards for staking, as well as reserved API3 tokens support the insurance service on the network as collateral.

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API3

1/ Dragons continue to roar, "Decentralized data feeds FTW!"

That's what QuickPerps users get, as QuickSwap's decentralized Perpetual Exchange is powered by @API3DAO's price feeds 🔋

How do they work, you may ask? Keep reading to find out more 🧵

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By utilizing our first-party data feeds and @0xPolygonDeFi zkEVM's scalability, @QuickSwap Perps is able to deliver a fully decentralized Perpetual Exchange that provides trustless, permissionless trading for crypto users.