ai16z Joint Creation: Currently collaborating with Orca to develop DeFi agents, the widespread adoption of AI agents may lead to a new DeFi Summer
In a recent offline interview with BlockBeats, Shaw, co-founder of ChainCatcher and ai16z, mentioned "DeFi agents". He stated: "ai16z is working with Orca to develop an agent. It's an automated robot that can manage Orca's liquidity pools automatically. Users just need to put their tokens in it. If the pool does not exist, it will automatically create a new one; if the pool already exists, it will put the tokens into the existing pool. Then, it will continuously monitor these pools and once it detects situations that could lead to permanent loss such as token price divergence, it will automatically withdraw from the pool because what most people worry about is this issue of permanent loss. Users can also program control over token spreads or adjust token pairing methods."
Shaw added: "Actually this method can be extended to other DeFi products like yield farming. This could lead to a new DeFi Summer - currently there isn't a DeFi Summer because not enough people know how to use DeFi but its infrastructure is already there waiting for full utilization."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Michael Saylor denies rumors of reducing holdings, Strategy continues to buy Bitcoin
Google plans to invest $40 billion to build three new data centers in Texas
Federal Reserve Governor Milan: Data Supports Rate Cuts, Fed Should Be More Dovish
Logan: The labor market is gradually cooling, in line with expectations for lower inflation