|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Yei Finance Integrates OEV Network to Recapture Maximum Extractable Value for Users
Nov 13, 2024 at 01:30 am
Sei-based Yei Finance has announced a major integration with OEV Network to bring fresh opportunities in recaptured maximum extractable value to users.
Layer-2 solution OEV Network has integrated with Yei Finance, the largest money market platform on Sei (SEI), to enable the recapture of oracle extractable value for users.
OEV Network’s layer-2 solution helps projects to recapture oracle extractable value and return this to users.
Meanwhile, Yei Finance is a fork of Aave V3 (AAVE) that launched its rewards program in June. The incentivization of lenders on Sei has seen it grow significantly in the past three months. Currently, it’s the largest DeFi protocol within the SEI ecosystem.
The integration of OEV Network with API3 data feeds will enable Yei Finance to start recapturing maximum extractable value, unlocking further opportunities for innovation on Sei.
API3 announced the collaboration via X on Nov. 12.
“As the go-to lending platform on Sei, Yei Finance sets the standard in liquidity and capital efficiency for a wide range of assets. With OEV Network integrated with all our data feeds, Yei can start recapturing MEV – unlocking even more opportunities for innovation,” API3 wrote on X.
The collaboration will boost Sei’s blockchain lending and borrowing market, with users able to tap into a more capital efficiency ecosystem.
As well as efficiency, key to the partnership will be growth of the decentralized finance market, with Yei Finance’s rewards and incentives crucial.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Donald Trump Announces Plans to Establish a New “Department of Government Efficiency” (D.O.G.E), with Elon Musk and Vivek Ramaswamy as the Leaders
- Nov 14, 2024 at 10:20 am
- As anticipated Donald Trump, the now US President announced plans to establish a new “Department of Government Efficiency” (D.O.G.E), with tech magnate Elon Musk and entrepreneur Vivek Ramaswamy as the leaders.
-
- Upbit Lists Near (NEAR) Under the NEAR/USDT Trading Pair on November 13th
- Nov 14, 2024 at 10:15 am
- NEAR Protocol is a decentralized platform for application development. The platform was created to facilitate the development and usage of decentralized applications (dApps) and is built on blockchain technology.
-
- Dogecoin Surges After Trump Taps Elon Musk to Head New 'Department of Government Efficiency'
- Nov 14, 2024 at 10:15 am
- Dogecoin, the cryptocurrency whose mascot is a super-cute dog that muses things like “much wow,” has been surging in value since Donald Trump won the presidential election last week.
-
- DOGEN, Kaspa (KAS), TRON (TRX) Set to Break Records as Altcoin Season Approaches
- Nov 14, 2024 at 10:15 am
- While major cryptocurrencies dominate the spotlight, there are hidden gems in the digital market waiting to shine. These affordable tokens could be on the verge of significant breakthroughs. This article uncovers three such promising cryptocurrencies that might deliver impressive gains for those keeping an eye on emerging opportunities.
-
- WallitIQ (WLTQ) To Rival The Meme Coin Hype Cycle
- Nov 14, 2024 at 10:15 am
- The ongoing rivalry between Shiba Inu (SHIB) and Dogecoin (DOGE) has captured the attention of investors. As both projects continue to build, SHIB's lead dev recently proposed a challenge to the Ethereum founder and urged recognition of Shiba Inu (SHIB) as a prominent player. However, a rising contender is making its mark in the space: WallitIQ (WLTQ), the next big thing in crypto that could potentially eclipse both Shiba Inu (SHIB) and Dogecoin (DOGE).