EP-03 API3: What is OEV? Why is it important?
WuBlockchain Podcast · WuBlockchain Podcast
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Show Notes
Shownotes:
00:00 Opening
00:40 Can you give us a quick background of the story of API3 and how the OEV network came to launch ?
02:00 What is OEV (Oracle Extractable Value)? Why is it important?
05:00 How does OEV Network work?
09:50 What is the role of building a Zk-roll up?
13:10 Why Polygon?
14:16 What is going to be the role of API3 tokens in the OEV Network?
16:28 The game theory relationship in the Order Flow Auction (OFA)?
21:30 API3 OEV Network uses a first-party data source model. Why is that?
25:10 If the rewards of misbehaving is greater than the service fee and penalty?
28:30 How does API3 compete with Chainlink and Pyth? What is the end game?
33:40 What differentiates API3 from Oval? Compared to UMA, what are the advantages?