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API3's Oracle Stack is Now Available on Hana Finance

Twitter icon  •  Published 7 months ago on June 11, 2024  •  Hassan Maishera

The AP13 team announced via X on Monday that its Oracle Stack is now available on Hana Finance.

API3's Oracle Stack is Now Available on Hana Finance

The AP13 team announced via X on Monday that its Oracle Stack is now available on Hana Finance. Hana Finance is the leading money market protocol on Taiko, offering users the ability to either supply liquidity to earn passive yield or borrow liquidity in an over-collateralized manner.

With this integration, users can earn interest by supplying assets to borrowers, borrow liquidity against collateral assets to increase capital efficiency, and enjoy low-cost leverage opportunities.

API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is currently trading at $3.135, down by 8% 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.