chalynguyenvn

[WEEK CANDLE] Api3 costs 950% profit by the end of 2021

Long
HUOBI:API3ETH   None
Api3 costs 950% profit by the end of 2021

Api3 will reach 950% profit by the end of 2021

API3 is a coin in my portfolio.

Airnode is one of the highlights in the technology powered by API3 that gets a lot of attention.

API3 also positions them as a data delivery solution for Web3's Dapp decentralized applications.

API3 is a project that applies first-party oracle mechanism, so data will be guaranteed to be accurate and safe, eliminating the possibility of one person operating multiple nodes (Sybil attack), or many nodes linked together leading to to the wrong result.

In addition, First-party oracle eliminates the intermediary stages, so it will save a lot of costs. Specifically, for nodes that provide a match, the reward for acting honestly is much higher than for cheating.

Although the project does not have a staking function to be a node, staking in API3 is intended to guarantee users. If the user is at risk, API3 staking (project's native token) will be used to cover this loss.

API3's competitors are:

Chain link
Band Protocol
Tellor

Believe in the project, and keep the long-term goal with huge profits from this coin

Chalynguyen's wisdom.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.