Fractal scaling of API3
summary
Claims that calling APIs directly fixes the oracle problem and replaces third‑party aggregators, implemented with air node running on a data provider’s own infrastructure. Governance and source-selection live in an Aragon DAO that currently controls 21 million USDC and 25 million API3, with over 170 data providers onboarded. Offers Claro s arbitration insurance for data failures and promotes scaling via sub‑DAOs that port the stack to other chains and languages; examples and a franchise‑style token split are described.
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chapters (14)
- 0:00Intro
- 0:25What is API3
- 1:55Issues with the current setup
- 3:28API connectivity problem
- 4:32Airnode
- 4:56DAO
- 5:38Insurance
- 6:17Ardao
- 6:38Solidity
- 6:58Not good at
- 9:02Example
- 9:40API3 DAO
- 10:11Curve precedent
- 11:49Questions
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