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API3 Welcomes dTRINITY to its Ecosystem

Twitter icon  •  Published 1 week ago on December 20, 2024  •  Hassan Maishera

On Thursday, the API3 team announced via X that dTRINITY has now joined the API3 ecosystem.

API3 Welcomes dTRINITY to its Ecosystem

On Thursday, the API3 team announced via X that dTRINITY has now joined the API3 ecosystem. Built on Fraxtal, dTRINITY is DeFi's first subsidized stablecoin lending protocol.

The protocol reduces borrowing costs, enhances yield, and provides greater protocol + network rewards by combining three DeFi primitives: a lending & borrowing protocol, a decentralized stablecoin, and DEX liquidity pools.

With OEVNetwork integrated with all our data feeds, dTRINITY can also start recapturing protocol MEV, unlocking even more opportunities for innovation.

API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is trading at $1.629, down 6% in the last 24 hours.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.