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Home»DeFi»Flamingo and Phoenix partner to integrate AI tools into DeFi platform
DeFi

Flamingo and Phoenix partner to integrate AI tools into DeFi platform

2024-07-03Updated:2024-07-03No Comments2 Mins Read
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Flamingo has introduced a brand new partnership with AlphaNet, an AI platform that gives providers for cryptocurrency buying and selling markets. The 2 entities will collaborate on integrating AlphaNet providers into the Flamingo platform, together with offering buying and selling insights and indicators, in addition to AI instruments to raise the consumer’s buying and selling expertise.

AlphaNet is a part of the AI product suite inside the Phoenix umbrella. Phoenix is a decentralized AI infrastructure supplier that not too long ago partnered with Neo to discover how AI can speed up blockchain know-how and drive mass adoption on Neo X.

AlphaNet affords three product varieties: insights, indicators, and chatbots. Insights makes use of AI fashions to supply indicators relating to market circumstances, developments, and order flows. Indicators provide cues for various methods and timeframes that can be utilized to execute trades based mostly on statistical fashions, which will also be optimized by leveraging Phoenix’s AI providers. Lastly, the chatbot is a Telegram bot designed to supply context concerning the underlying DeFi platform.

In a dialog with Neo Information Right now, the Flamingo crew famous AlphaNet’s buying and selling indicators and insights are chain agnostic, which signifies that each can provide help for Neo N3 and X.

Wanting ahead, the primary integration Flamingo customers can count on to see will embrace the AlphaNet Telegram bot, which can present buying and selling indicators for token pairs supported on the DeFi platform. Later, the Flamingo crew goals to combine help for AlphaNet’s insights, permitting customers to view AI-created charts immediately on the Flamingo dashboard.

See also  6 Questions for Alex O’Donnell about the future of DeFi

The announcement will be discovered on the hyperlink beneath:
https://x.com/FlamingoFinance/standing/1806689051069628624

Source link

DeFi Flamingo integrate partner Phoenix Platform tools
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