API3 Partners with Allnodes to Expand Offerings for Liquid Staking Tokens

Allnodes joins API3's growing network of RPC providers power LST and LRT data feeds.

API3 Partners with Allnodes to Expand Offerings for Liquid Staking Tokens

We are excited to announce our partnership with Allnodes, a leader in blockchain infrastructure and a trusted provider of non-custodial hosting and staking services. Allnodes empowers developers to harness the full potential of blockchain technology with enterprise-grade solutions that prioritize security, reliability, and compliance.

This partnership expands our network of RPC providers that provide cryptographically secure and verifiable data for powering our multi-source data feeds. As an RPC provider, Allnodes will operate a node for API3’s data feeds, including exchange rates for liquid staking tokens (LSTs) and liquid restaking tokens (LRTs). 

With its proven infrastructure and expertise in multichain RPC services, Allnodes ensures API3’s data feeds remain accurate, timely, and resilient. This integration supports the growing demand for LST and LRT integrations, contributing to precise asset valuations and enhanced performance for decentralized applications.

By joining forces with Allnodes, API3 takes another critical step toward bringing real-world data onchain in a verifiable and decentralized way. Together, we continue to build the foundation for secure and reliable blockchain solutions.

Streamlining LST Operations

As the DeFi landscape evolves, API3 is doubling down on assets crucial for the long-term performance and composability of Layer 2 ecosystems. Our partnership with Allnodes plays a vital role in this strategy by streamlining the operation of LST price feeds to ensure DeFi protocols are well-equipped to meet the demands of a competitive Layer 2 landscape.

In the emerging rollup-centric future, the ability to offer enhanced capital efficiency and unlock new yield opportunities offered by LSTs and LRTs will define the success of blockchain networks. Through our collaboration with Allnodes, API3’s Oracle Stack is designed to meet these demands by facilitating scalable and interoperable data feeds across multiple chains. This ensures that protocols building in a multi-chain environment can efficiently access the data feeds they need to thrive. 

Redefining onchain data around source transparency

API3’s vision is to redefine the standards for onchain data by pioneering decentralized data feeds that facilitate a direct connection between data providers and smart contracts. This first-party oracle architecture ensures end-to-end transparency and significantly improves data security and reliability through the aggregation of multiple data sources into each data feed. 

We are committed to building an open, decentralized web and are happy to welcome Allnodes into our growing network of data providers powering blockchain applications with next-generation oracle solutions. Builders can utilize the API3 Oracle Stack across 37 blockchains on the API3 Market, with the ability to verify the source and degree of decentralization of those data feeds onchain. 

About Allnodes

Allnodes stands out as a leading non-custodial platform, delivering premium hosting and staking services for over 80 blockchain protocols. Beyond serving crypto investors, Allnodes has made a significant impact in the blockchain space, providing essential infrastructure for developers and innovators. With its RPC endpoint solutions and blockchain snapshots, Allnodes empowers the growth and advancement of decentralized ecosystems.