April seems to be an exciting month as we achieved significant milestones, and we hope that you are as proud of it as we are, as you helped shape our growth! We work with many of the industry’s top organizations to provide the best experience for our users and much more is coming as we focus on building for our community.
Let’s recap what The APIS brought you for the month of April 2022:
We are proud to announce a new partnership with Supra Oracles, a highly innovative cross-chain oracle that aims to create a genuinely private DeFi ecosystem by bridging real-world data to blockchains. SupraOracles will facilitate The APIS in strengthening robustness to network spamming, MEV attacks, and node capture from a strong, state-level adaptive adversary while retaining low transaction latency and high throughput as a result of this relationship. In addition, SupraOracles will provide a novel oracle toolset to The APIS developer community, allowing them to easily construct, deploy, and manage real-time data applications with exceptional performance and agility.
We’re excited to announce that The APIS—a platform that provides a one-stop middleware solution for decentralized querying, indexing, and writing services, delivered instantly across multiple blockchains—has integrated Chainlink Price Feeds on Ethereum mainnet. By integrating the industry-leading decentralized oracle network, The APIS has access to high-quality, tamper-proof price feeds that help us build a more unified and user-friendly experience for our community through our data analytics product, Hook. This will provide our users with stronger assurances that the NFT analytics on our platform leverage high-quality, decentralized price data.
Our initial integration involves the use of the following Chainlink Price Feed: ETH/USD. We chose Chainlink as our go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink already helps secure leading DeFi protocols responsible for tens of billions of dollars in smart contract value, maintaining robust security and high availability even amidst unexpected events, such as exchange downtime, flash crashes, and data manipulation attacks via flash loans.
The APIS is led by a team of innovators on a mission to change the future of the Internet. We have made a great effort to deep-dive and visualize NFT asset trading volume data in real-time, enabling our users to fully understand NFT market trends through The APIS platform.
We are proud to announce a new partnership with Supra Oracles, a highly innovative cross-chain oracle that aims to create a genuinely private DeFi ecosystem by bridging real-world data to blockchains.
Supra promises improved robustness to network spamming, MEV attacks, and node capturing from a powerful, state-level adaptive adversary, while maintaining low transaction latency and high throughput.
It empowers the developer community with a novel oracle toolset to conveniently create, deploy, and manage real-time data applications with superb performance and agility.