API3's Approach to Redefining Blockchain Oracles and Enhancing DeFi Efficiency

Ugur Mersin is the Strategy Lead at API3, a project a decentralized network focused on providing real-world data to blockchain applications through decentralised APIs (dAPIs). In our conversation, Ugur explains how API3 aims to eliminate intermediaries by enabling data providers to run their own oracle nodes. We discuss the challenges within the current oracle ecosystem, the introduction of Oracle Extractable Value (OEV), and the implications for DeFi protocols. The conversation also touches on broader industry trends and the future of profitability for decentralized finance.

This episode was sponsored by API3: https://api3.org/

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