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API3's Oracle Stack Launches on Ionic

Twitter icon  •  Published 1 year ago on June 24, 2024  •  Hassan Maishera

The AP13 team announced via X on Saturday that its Oracle Stack is now available on Ionic.

API3's Oracle Stack Launches on Ionic

The AP13 team announced via X on Saturday that its Oracle Stack is now available on Ionic. Ionic is a decentralized, non-custodial money market protocol that leverages comprehensive security monitoring & failsafe systems to ensure user funds are managed safely and efficiently.

Ionic is using API3's Oracle Stack to power LSTs on their money market protocol on Mode Network. Ionic offers competitive interest rates that dynamically adjust based on the liquidity needs of the platform.

API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is currently trading at $2.074, down by 8% 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.

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