Uma, in collaboration with Flashbots, has launched Oval, a product designed to recapture lost revenue for lending protocols by capturing 'oracle extractable value' using Chainlink data feeds. Oval aims to address the issue of MEV (Miner Extractable Value) in DeFi protocols. Additionally, Chainlink has announced the official launch of Chainlink Automation on Base, a layer-2 network incubated by Coinbase, enabling Base builders to utilize Web3’s automation solution. Furthermore, PancakeSwap has integrated Chainlink Data Streams and Automation on Arbitrum for its prediction markets, while Morpho Labs has established Morpho Blue's oracle network, starting with Chainlink, to facilitate the creation of markets and access high-quality Chainlink Price Feeds.
Establishing Morpho Blue's oracle network, starting with @chainlink! Built by Morpho Labs, the ChainlinkOracle adapter helped facilitate the creation of Morpho Blue's first markets and gives market creators access to hundreds of high-quality Chainlink Price Feeds. https://t.co/3SYz6xTwzJ
.@PancakeSwap has integrated #Chainlink Data Streams and Automation on @arbitrum to power its prediction markets. By using the industry-standard Data Streams, PancakeSwap is accessing on-demand, low-latency price data used at the start and end of each prediction round.… https://t.co/pSGeCcXQcy
ICYMI: Uma rolls out Oval to capture ‘oracle extractable value’ in DeFi protocols https://t.co/N9AZ6rjo4p
#Chainlink Automation is officially live on @base, the layer-2 network incubated by @coinbase. Base builders can now leverage Web3’s most reliable and performant automation solution to power next-gen use cases.
🤖 @UMAprotocol and Flashbots Launch Oval to Monetize Oracle Extractable Value Oval's mechanism recaptures up to 90% of lost revenue for lending protocols using @chainlink data feeds. Read more: https://t.co/TXar87ik83 https://t.co/WNevhcqR2w
Say hello to Uma's latest brainchild, Oval: an MEV product for lending dapps https://t.co/75KLu8cVkW
Uma rolls out Oval to capture 'oracle extractable value' in DeFi protocols https://t.co/ZVKY4qM3rw