API3

<p> As decentralized applications begin to provide meaningful services in areas such as decentralized finance, these applications increasingly need to use traditional Web apis to receive data or trigger events. However, due to overgeneralization and misleading approaches, the generic predictor solution does not adequately address API connectivity issues. To address this issue, API3 promotes collaboration to create a new generation of blockchain native, decentralized apis, or Dapis. DAPI is implemented by first-party predictive assembly operated by API providers and is therefore more secure and cost-effective than alternative solutions using middlemen. The core of the program's governance, security and value capture mechanisms will be API3 tokens. The pledged token grants its holder full management of the API3 DAO and all associated rewards. Pledged API3 tokens will be used as collateral for on-chain insurance services, providing quantifiable and untrusted security assurance to dAPI users. These mechanisms would eliminate the need for central authority at the ecosystem level. As a result, the API3 project will allow smart contract platforms to leverage apis to build meaningful applications in a way that is truly decentralized and minimizes trust. </p>

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By applying to become an order recipient and binding the trading API, you agree to the following disclaimer:

1. API Usage Responsibility: The individual operator acknowledges and confirms that binding the trading API is for executing contract trades. All transactions executed via the API are independent of the order recipient’s decisions, and the order recipient assumes full responsibility for the trading results.

2. Security: The order recipient is responsible for safeguarding their API key. Unauthorized access or use may result in financial loss. Brokers must immediately notify the platform in writing of any unauthorized use.

3. Trading Risks: Using the trading API involves market risks, including but not limited to price fluctuations and slippage. Leaders should independently assess market risks. Individual members should also independently assess market risks, and the platform bears no responsibility for losses caused by market fluctuations.

4. Technical Issues: The use of the trading API may be affected by technical issues, including but not limited to system failures and network interruptions. The platform is not responsible for losses resulting from technical issues.

5. API Key Protection: The order recipient must properly safeguard their API key and not share it with any third party. Any loss caused by the leakage of the API key shall be borne by the order recipient.

6. Compliance: Leaders using the API must comply with all applicable laws and regulations. Violations may result in the termination of the order recipient’s qualification.

7. API Privileges: Leaders acknowledge and agree that the privileges granted by API binding will allow contract trading execution. The platform is not responsible for losses caused by the improper use of API privileges.

8. Disclaimer Changes: The platform reserves the right to modify the disclaimer at any time. Changes will be notified by the platform. By continuing to use the API, the order recipient agrees to any modifications to the disclaimer.

I have read, understood, and agreed to all the terms of the above disclaimer.

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