API3 to Hold AMA on X on February 7th
API3 will host an AMA on X on February 7th, focusing on the growing ecosystem of decentralized applications (dApps) that are being built on Linea. The conversation will revolve around Linea Voyage, scaling solutions, and new narratives in Decentralized Finance (DeFi) that intersect with data, oracles, and Miner Extractable Value (MEV).
Refer to the official tweet by API3:
API3@API3DAOFeb 02, 2024Get ready for the @LineaBuild effect!
Join us for a Spaces on February 7 with the growing ecosystem of dApps building on Linea.
We'll be talking about Linea Voyage, scaling solutions, and new DeFi narratives about the intersection of data, oracles, and MEV. pic.twitter.com/gt5hTdDh27
API3 Info
API3 is a project that focuses on delivering traditional dAPI services for Web3 applications. The project is governed by a decentralized autonomous organization (DAO), specifically the API3 DAO.
Traditional API services are centralized, meaning they are owned and controlled by individual companies or organizations. This creates a range of issues in terms of transparency, security, and reliability. API3 addresses these problems by offering fully decentralized APIs.
The API3 token is used within the project's ecosystem as a means to incentivize network participants, including node operators and developers, to engage in voting and DAO governance.