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API3 Market
API3 has developed an oracle solution that simplifies how smart contracts can interact with real-world data. As such we believe it is equally as important the process of accessing a data feed is as user-friendly, efficient and permissionless.
What is the API3 Market?
The API3 Market provides tooling for dApp owners to access decentralized price feeds, known as dAPIs. Use the API3 Market to search for dAPIs, activate feeds, obtain dAPI proxy contract addresses, and monitor dAPIs.
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From the API3 Market developers will manage all data feed subscriptions. Once the dAPI interface has been imported to a dApps contract, upgrading a data feed happens through the API3 Market.
Activating a dAPI Price Feed
The API3 Market is optimized to simplify how developers active price oracles. You follow these simple steps:
1- Head to the required chain 2- Within the chain section, search for your required data feed 3- Select your oracle specification 4- Add to order and pay for gas
These steps are expanded on within the dAPI getting started materials.
API3 Market provides a permissionless price oracle
Users of dAPIs can independently activate and read an decentralized price oracle through the API3 Market.