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Cryptocurrency News Articles
aarna Unveils afi 802 AI Quant DeFi Vault Targeting Market-Beating Returns, Shakes Up DeFi at TOKEN2049
Sep 25, 2024 at 04:03 pm
aarna's team demonstrated the power of their AI-enhanced vault at TOKEN2049 in Singapore. The vault's promise of risk managed
DeFi platform AAVE saw a surge in its native token price as the world's second-largest cryptocurrency dropped below a key level. Meanwhile, aarna's presence at TOKEN2049 showcased the next frontier in DeFi.
Despite the challenges faced by traditional DeFi platforms, aarna's innovative approach, powered by AI quant strategies, is poised to disrupt the market. Here's a closer look at the recent developments.
AAVE token price surged by over 20% in the past month, recovering from a slump as one of the market's leading DeFi solutions. The surge pushed AAVE's market capitalization above $2 billion, and the total value locked (TVL) on the platform stabilized above $10 billion, according to data from DeFiLlama.
While AAVE can offer up to the top 10% APY on stablecoins, it generally lacks flexibility and relies on manual input from the user, and its user experience (UX)/user interface (UI) has been criticized for being too complex. Furthermore, experts increasingly expect platforms that leverage AI-enhanced alpha to gain an edge on more primitive solutions, which are based only on lending and borrowing spreads or just yield optimization via native token emissions.
One such platform is aarna, which recently unveiled its groundbreaking AI quant DeFi vault, afi 802, at TOKEN2049 in Singapore. The vault's promise of risk-managed, yet market-beating performance is backed by significant backtesting, and automated, AI-driven strategies have captured the attention of the DeFi community.
The aarna team's presence at TOKEN2049 is expected to make waves among the biggest players in the DeFi space as they get an exclusive first look at the afi 802 vault. Backtesting has revealed the vault's potential to generate market-beating returns for DeFi users, showcasing the power of its AI-driven tokenized alpha.
The 12-month backtesting period demonstrated an impressive 300% return, highlighting the vault's ability to outpace traditional DeFi strategies. Aarana's goal is to reshape the DeFi space through cutting-edge AI and a quant approach to DeFi asset management.
The afi 802 vault represents a new era in DeFi, where sophisticated investment strategies, once exclusive to institutional players, are now accessible to all. With a user-friendly interface and a focus on accessibility, aarna aims to not only assist high-value users with their digital assets but also democratize DeFi alpha access.
By harnessing the power of AI, the afi 802 vault addresses the limitations of traditional DeFi protocols, offering a solution to manual intervention, limited flexibility, and a complex user experience.Aarana is the first platform to develop and deploy an AI quant DeFi tokenized structured product. They've built a direct link between deep learning and DeFi, potentially reshaping the crypto market forever.
The platform's alpha AI 30/7 deep learning model, trained on extensive blockchain transaction data, technical indicators, and social sentiment, forms the backbone of this innovation. This model continuously analyzes the market to identify high-potential crypto assets, forming the basis for the afi 802 vault's DeFi strategy.
Tokenizing this AI-driven alpha strategy opens doors for a wider range of users to access sophisticated, data-driven decision-making in DeFi. This democratization of access has the potential to reshape the crypto market by leveling the playing field and enabling greater participation in yield-generating opportunities.
The implications for DeFi are significant. Increased efficiency, reduced risk, and greater transparency are just a few potential benefits. As AI continues to advance, we can expect further innovation and disruption in DeFi, with aarna leading the charge.
Anyone can access AI quant strategy through the afi 802 vault. Users can connect their compatible wallets and deposit stablecoins, including USDT, USDC, and DAI.
Upon depositing stablecoins, depositors get the afi802 tokens as per their prevailing net asset value (NAV), which represents a share of the diversified portfolio of the vault. The NAV is calculated on chain. The vault then aggregates stables from multiple users and performs a cumulative swap at preset intervals into the vault's portfolio of underlying token assets for the week, as determined by the alpha 30/7 model.
The dApp's dashboard offers transparency, allowing users to track performance and gain insights into the AI's decision-making. Withdrawals are processed directly through the dApp, returning the users their prevailing value of afi 802 tokens as per the NAV, and all in stablecoins, and in addition, any earned yield from the protocols native timelock & staking program for early contributors.
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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