Autofarm introduces AI-Fi

Published on: 19.01.2023
Autofarm itroduces AI-Fi

Autofarm introduces AI-Fi. AutoFarm releases AutoLabs to research, develop and integrate AI into AutoFarm’s products. 

The Autofarm platform, the leading lowest fee multi-chain DEX & yield aggregator protocol, is set to integrate advanced Artificial Intelligence (AI) and Machine Learning (ML) technologies to revolutionize yield generation and scalability on the platform.

Establishing AutoLabs

AutoFarm has established AutoLabs, an in-house research division dedicated to exploring the integration of advanced AI/ML technologies. A specialized AI architecture team, comprising experts from various AI backgrounds, has been assembles within AutoLabs to lead this initiative. The goal of this internal research division is to empower Autofarm’s products with the ability to analyze real-world data dynamically. Identify profitable opportunities, and make autonomous decisions for optimal asset allocation across multiple blockchain networks.

Furthermore, one key technique that Autofarm plans to implement is the use of oracles to bridge on-chain and off-chain data. These oracles will gather real-time information about the various chains and tokens supported by Autofarm. It also enables the platform to make data-driven decisions on where to allocate user assets for maximum yield.

Exploring the integration of AI/ML algorithms

In particular, Autofarm will be exploring the integration of AI/ML algorithms in its AutoFarm Vaults. It is a yield optimizer platform that pools gas costs through battle-tested smart contract code and best-in-class yield optimization strategies. These algorithms, such as quantum-inspired, deep learning, and neural language processing, will be used to identify the most profitable chains and tokens in real-time. Improving the yield optimization mechanism.

Additionally, Autofarm intends to utilize AI/ML techniques to optimize liquidity pools on the DEX for enhanced trade execution. Thereby increasing the scalability of the platform and reducing the risk of holding crypto assets. Automated investment strategies, powers by AI/ML algorithms, and introduce to help users maximize returns in the fast-pace world of DeFi. These AI models, trained on large amounts of market data, will be able to predict changes in token prices, perform efficient asset allocation, and predictively model asset management strategies, potentially resulting in higher returns.

Lastly, Autofarm is also exploring the integration of these AI and ML technologies into its DEX aggregator, AutoSwap. The goal is to use AI and ML algorithms to optimize trade execution and find the best prices from multiple DEXes. Resulting in the lowest slippage possible and non-front-runnable and non-arbitrage table trades for users.

Overall, the integration of AI and ML technologies into Autofarm is a significant step forward for the DeFi space.

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