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Ankr Becomes a Network Data Provider on API3

Twitter icon  •  Published 1 year ago on September 11, 2024  •  Hassan Maishera

On Tuesday, the API3 team announced via X that Ankr has joined its network of data providers.

Ankr Becomes a Network Data Provider on API3

On Tuesday, the API3 team announced via X that Ankr has joined its network of data providers. With Ankr’s multichain API services, API3 will deliver precise, real-time valuations critical to their verifiably decentralized price feeds for LSTs and LRTs.

Ankr, a leader in Web3 infrastructure, provides high-performance RPC and API services, ensuring seamless blockchain interactions for developers, dApps, and end-users. Their globally distributed node network will help support the growing Layer 2 ecosystems, providing access to a wide range of LSTs/LRTs for enhanced capital efficiency, composability, and new yield opportunities.

API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is trading at $1.384, up 1% in the last 24 hours. 

Ankr Network is building a full-stack cloud infrastructure and marketplace for container-based cloud services. Users can now stake FTM tokens on Ankr to earn ANKR tokens. ANKR is trading at $0.02345, down by 1.5% in the last 24 hours.

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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.