$API3
Oracle Daily ReportBenefits for API3
The core project of API3 is to improve oracle reliability through the concept of First-party oracles (where the data providers themselves send information directly without intermediaries).
Consequently, this report serves API3 from three key perspectives:
Proving the Need: The displayed figures (deviations, anomalies, risks) confirm that the market suffers from inherent issues with traditional oracles.
Highlighting the Value: If API3 can reduce these deviations and increase the success rate, it will become a highly attractive option for protocols seeking greater security.
Competitive Advantage: Whenever reports emerge highlighting the poor performance of traditional oracles, it strengthens the argument in favor of API3's solutions.