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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Traditional oracle designs have limited DeFi apps by causing them to suffer significant value loss through a subset of MEV termed Oracle Extractable Value (OEV). The majority of OEV extracted from dApps is captured by block producers and searchers

Until now…

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Traditional oracle designs have limited DeFi apps by causing them to suffer significant value loss through a subset of MEV terme

OEV-enabled data feeds will bring in a new era for DeFi by putting users in charge of their value creation #OEV

https://t.co/QijUXpAg9t

OEV-enabled data feeds will bring in a new era for DeFi by putting users in charge of their value creation #OEV.

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