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

Ugur Mersin

EthCC - Ethereum Community Conference

What does API3 do and why do first party oracles matter? 

@UgurMersin61 answers in his own words from the API3 booth at the recent @EthCC 2022.

https://t.co/TaUcnpR4wm

What does API3 do and why do first party oracles matter.