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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We’ve seen an explosion of L2's this year, each needing oracle price feeds for lending markets, perps, exchanges, and other financial products.

Learn why @0xMughal thinks API3 is well positioned to be the go-to push oracle solution for these networks.

https://t.co/LtkSdrLkUn

We've seen an explosion of L2's this year, each needing oracle price feeds for lending markets, perps, exchanges, and other fina