![]() ![]() Users are able to view relevant metrics (price impact, slippage, etc.) directly on the interface, and easily manage and update their positions on their dashboard. "1 Click” Short Tool: Beta Finance provides an integrated tool for allowing DeFi users to short sell in an atomic transaction. This will enable BETA token holders to influence the direction of the protocol's development.īeta Finance consists of the following major components working in conjunction: Through governance, users can influence and modify product features and key parameters of Beta Finance. Governance: BETA token holders will be able to participate and vote in the governance process of the platform. To incentivize these providers given opportunity costs, liquidity providers will be eligible to receive BETA tokens through a liquidity mining program, adjusted based on a user’s relative contribution and additional parameters. Liquidity mining: Liquidity providers can stake their assets into the lending pools to enable borrowing and short selling. BETA holders who stake their tokens will receive a portion of the revenue generated by the protocol. Staking incentives: BETA token holders will be able to stake their tokens on the protocol and act as a backstop for covering shortfall events. The protocol enables anyone to create a money market for any token automatically and permissionlessly.īETA is Beta Finance’s native utility token and has the following current and planned functions: The protocol has built an integrated 1-Click Short Tool that allows DeFi users to initiate, manage, and close short positions with accessibility to all tokens. Its development was a crucial indicator of Cardano’s long-term vision and commitment to advancing AI within the blockchain sector.Beta Finance’s mission is to offset volatility and facilitate healthy, mainstream adoption of DeFi by individuals and institutions. Grace exemplified the potential of AI in providing solutions to complex problems, particularly in healthcare. The project served as a foundational step, showcasing CardanoGPT’s capability to blend AI technology with practical, real-world applications. Grace is an AI robot designed for healthcare applications. It was developed with Awakening Health, Hanson Robotics, and SingularityNET. See Also: Charles Hoskinson Reveals Plans For Cardano To Go Full-Blown Decentralized Cardano’s Engagement With AI TechĬardano’s journey into AI integration with blockchain began with Grace. Successful verification grants users the role, enabling access to the #create-chat-with-girolamo channel for direct interaction with the chatbot.ĬardanoGPT issued a disclaimer with the announcement, acknowledging that Girolamo is still in its beta phase and that the accuracy of the information provided cannot be guaranteed 100%. Upon joining the CardanoGPT Discord server, users must verify their wallet in the #wallet verification channel. Participants need to hold a minimum of 5000 CGI tokens. This capability is a technical achievement and a practical application, enhancing user experience in the AI space.ĬardanoGPT has set specific criteria for those interested in participating in the beta testing of Girolamo. However, its unique feature lies in its ability to generate and interpret images, adding a new dimension to its functionality. The chatbot can handle inquiries ranging from industry-related questions to general everyday topics. The Girolamo chatbot is designed to offer real-time, contextually aware responses across a broad range of user queries and has the capability to generate and analyze images. ![]() ![]() See Also: Cardano Founder Shares What To Expect After Binance CEO’s Exit Girolamo The launch of Girolamo by CardanoGPT represents a stride towards more interactive and multifunctional AI applications within the blockchain framework.Īs Girolamo progresses through its beta phase, it promises to be an intriguing addition to the evolving landscape of AI-integrated blockchain solutions. Named after the influential Italian mathematician Girolamo Cardano, this development signifies a new phase in Cardano’s exploration of artificial intelligence within the blockchain sector. CardanoGPT has announced the beta launch of Girolamo, an AI-powered chatbot, marking a significant step in its commitment to integrating artificial intelligence (AI) with blockchain technology, according to a press release. ![]()
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