dApps → OEV RewardsGetting paid
dApps that use traditional data feeds are constantly exploited by MEV bots that manipulate the order of operations around individual data feed updates. In practice, this causes dApps to suffer significant and continuous financial losses. As the antidote, Api3 enables OEV searchers to determine the order of operations around data feed updates. 80% of the resulting revenue is paid to the dApp in the form of OEV Rewards.
💰 Financial
Api3 provides data feeds at cost and enables dApps to benefit from OEV Rewards on top. You might ask, "What's the catch?" There is none; OEV Rewards come at the expense of third parties who would otherwise solely benefit from MEV.
Api3 data feeds work identically to traditional data feeds, which means that you do not need to modify your contracts in any way to use them. You can drop in Api3 data feeds to replace your current data feeds and immediately start earning OEV Rewards.
How to get onboard
Use this form to get in contact with an Api3 representative who will walk you through the following steps:
- We register your dApp for it to show up on the Api3 Market integration page.
- You let us know which chains you operate on and which data feeds you will use.If a gas grant is applicable, we purchase subscriptions for you and deploy an OEV Rewards-enabled Api3ReaderProxyV1 contract for each data feed.
💡 Tip
Don't forget to notify us if you expand to new chains and data feeds later on.
💡 Tip
Alternatively, you can complete this step on your own using Api3 Market.
- You let us know an address where to receive the OEV Rewards.
💡 Tip
OEV Rewards are paid in the native currency of your dApp's chain. The receiving address must be an EOA you control or a contract capable of receiving native currency payments.
- You integrate the OEV Rewards-enabled Api3ReaderProxyV1 contracts.
At the end of each month, Api3 will make available a report and 80% of the OEV revenue in the native gas token of the network where your dApp is deployed, with the remainder retained as the protocol fee.