API3 Launches Managed Data Feed Services on Polygon zkEVM

API3 Launches Managed Data Feed Services on Polygon zkEVM

Blockchain oracle provider API3 has announced that it is launching a new data feed service suite for Polygon zkEVM, designed from a new push oracle solution that’s centered around first-party architecture.
According to a press release shared to CryptoDaily by API3, the new solution allows DeFi protocols that currently use push oracles on other EVM (Ethereum Virtual Machine) chains to seamlessly migrate to Polygon zkEVM, hence functioning as both an onboarding and integration solution.
Polygon zkEVM, which has built its reputation around the utilization of zero-knowledge proofs and EVM equivalence, has taken a strategic step by incorporating managed decentralized data feeds (dAPIs) from the API3 Market. The rise of such a managed data feed service highlights the sustained DeFi appetite, a sector where the Total Value Locked (TVL) reportedly spans tens of billions.
The API3 Model
API3’s model contrasts with traditional third-party oracle mechanisms, focusing instead on a first-party arch

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We współpracy z: https://cryptodaily.co.uk/2023/8/api3-launches-managed-data-feed-services-on-polygon-zkevm

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