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/biz/ - Business & Finance


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57462217 No.57462217 [Reply] [Original]

Only API3 can solve the Chainlink leakage problem. Chainlink is leaking data, called OEV (Oracle Extracted Value) and it's a BIG problem. Millions of dollars are being drained from Chainlink via OEV. Now every dApp can integrate API3's OEV Network solution to generate revenue and reclaim the lost $$ back.

It's time to face the facts, Chainlink is broken and only API3 can fix it.

>> No.57462223

People just don't know how big API3 is going to be with it's OEV solution + it's Air Nodes. Let them fomo in at $100

>> No.57462226
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57462226

My API stays plappy.

>> No.57462238
File: 232 KB, 2191x981, api3.png [View same] [iqdb] [saucenao] [google]
57462238

sirs i am very confused if api3 is the superior product then why does it not have the adoption?

>> No.57462260

>>57462238
because API3 makes it cheaper, so the TVS is lower which is a good thing. chainlink is expensive to use like Ethereum that's why ETH gas prices are high and links TVS is high

Also DefiLlami isn't updated properly cause its connected to more than they're showing

>> No.57462267

>>57462217
>>57462223
>>57462226
wow really subtle samefagging / tg brigade shit lmao

>> No.57462270

Whales of #XRP are migrating their funds into #COGW

>> No.57462280

>>57462267
cope lil linky

>> No.57462361

>>57462260
>because API3 makes it cheaper, so the TVS is lower which is a good thing
sir my village elder said this is dumbest thing he ever had read to him you make me look like biggest fool in whole village fuck your mother

>> No.57462469

How can API3 capture OEV if nobody is using API3? Why should a project support OEV (in the current implementation) to only receive a small $ back but with much less security and latency? Is it worth the risks that OEV introduces?

>> No.57462480

>>57462469
every single day API3 is integrating with new projects. Sometimes multiple projects per day. They have over 150 integrations now. Projects will integrate it for reduced costs with data feed, free VRF functions, and to generate revenue via OEV. They will integrate it because it's free money and huge cost savings + it's actually decentralized unlike LINK

>> No.57462532
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57462532

>>57462238
If they build it, they will cum.

(API stays Plappy)

>> No.57462643

Ugur is a sociopath who is incapable of introspection or shame.

>> No.57462646

>>57462643
>ugur is X Y and Z
notice how you didn't say he was wrong. you just attacked his character. very jewish of you.

>> No.57462704

>>57462646
Notice how you didn’t even deny being a sociopath

>> No.57462712
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57462712

>>57462704
you can't fud this. every single coin is going to switch to API3 and dump chainlink.

>> No.57462888

>>57462480

> API3 is integrating with new projects.
New ghost projects and rugs that nobody uses. But you need to start somewhere.
Competition is good. More competition -> More speculation -> More pump.

> They have over 150 integrations now.
Defilama says there are only 10 integrations.

> reduced costs with data feed
Chainlink data feeds are free products. The sponsors and chainlink pay for it.

> free VRF functions
Oh yeah, free inferior product. Come here, little fela to my van. I have some free candy. You will definitely not get hacked. It is a good tactic, but you need more moat than that.

> because it's free money and huge cost savings
Is it really that huge? Maybe if it is a big protocol like AAVE or COMPOUND? But what about smaller projects? What about reputation? What about security? And why use API3 OEV solution? You can use Oval (an OEV built on chainlink datafeeds).

> decentralized unlike LINK
Is is somewhat true. I think link is only trust minimized. But it works and they are working towards more decentralization.

>> No.57462925

>>57462260
>so the TVS is lower which is a good thing. chainlink is expensive to use like Ethereum that's why ETH gas prices are high and links TVS is high
Factually incorrect, TVS measures value secured of the protocol, not the cost of the oracle solution (chainlink, api3, band, etc)

>> No.57462940

>>57462888
Everything you just said is wrong. Try again.

>> No.57462966

>>57462940
>everything he said is wrong
>cant point out a single thing which is wrong
youd think it would be easy to pick it apart if everything was wrong, but every shill lies about their shitcoin until they throw their hands up in the air and give up when someone points out a few basic facts
fuck off back to your discord or tg or wherever you came from

>> No.57462978 [DELETED] 

Lost my job 2 months ago. Struggling to pay for rent, foods and most importantly my university re-admission fees. Among all of these I really need to continue my education. Cause for rent and foods I can fight somehow but I am not being able to manage anything to continue my graduation.

I need 1300 usd for re-admission. Any of you may help me with it? Will be really career savings. I really don't want to lose my entire educational background. A little help will be life savings.

>> No.57463051

>>57462966
You didn’t list a single fact. Try again

>> No.57463062

>>57462978
No begging, faggot.

>> No.57463070

>>57462888
>>57462888
polygon is a ghost chain? Lol ok.

They have 16 blockchains and 150 price feeds you fucking retard

Chainlink subsidized by dumping on you retarded holders and now they’re charging an insane amount

VRF doesn’t need to be paid for, that’s like charging for oxygen

Aave and compound make up the majority of chainlinks TVS, they can make millions per year by switching to API3 and they will because it’s a shit ton of free money

>> No.57463073

>>57463062
You can't even feel how its feel inside being in this situation. What a mentality you have! But one day, you will understand how it feels. Only i can feel how its burning me inside

>> No.57463075

>>57463051
I'm one of the biggest holders of api3 and everything he said is true but it doesn't matter since we got people in the right places that will make it go up, get a bag and just enjoy the ride.

>> No.57463098

>>57463075
You don’t hold any API3 nigger you are a link baggie submarine

>> No.57463119

>>57463098
>You don’t hold any API3
I hold so much more than you, you're probably a douchenuzzler that missed the first round of the dumpening and you'll miss the second too because you are OOTL

>> No.57463143 [DELETED] 

>>57463119
Can you help me with 1300 usd to complete my graduation? Will be really very helpful :(

>> No.57463158
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57463158

>>57463143

>> No.57463200

>>57463158
I don't have any ways left. I really don't have much times left for that. I am from Bangladesh, things are not like USA. Life hits different here. I really want to continue my education, but don't know how can I manage 1300 usd, need a helping hand very badly. I try to search for jobs, i did my best to manage, failed

>> No.57463209

>>57463070

I said projects, not chains. The chains are not using price feeds, but projects are. You can integrate 100 chains and have 1000 price feeds, but if almost no projects are using it, what is the point?

Yes, Aave and compound can make millions per year by switching. But don't forget, they can also lose BILLIONS by an inferior API3 price feed hack/error or an OEV infrastructure bug. Is it worth it?

>> No.57463222

>>57463200
$1300 is like 10 years wages in Bangladesh you lazy retard

>> No.57463381

>>57463209
API3 has never had any problems and the stakers are collateral to refund any losses due to potential bugs. You think if it was insecure it'd be exploited by now but it hasn't.

>> No.57463422

>>57463200
kill yourself beggar scum

>> No.57463625

>>57462217
This thread is 100% certainly created by one or more of the Turkish bag holders in the API3 tg

>> No.57463637
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57463637

>>57462643
Beware of U-RUG

>> No.57463641

>>57463381
>You think if it was insecure
the ESL hire this time around is worse than last time, well I hope you guys can at least give me a decent pump so I can offload the rest of the VC coins I got dusting around

>> No.57464910

>>57462217
bumping my boy midhav's thread

>> No.57467213
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57467213