Connect with us

DeFi

Navigating the Evolution of DeFi: Kinetix’s AI-Driven Solution

CoinFlix Staff

Published

on

Navigating the Evolution of DeFi: Kinetix's AI-Powered Solution

The DeFi (Decentralized Finance) sector has seen significant growth over the past few years. While traditional financial systems struggle with inefficiencies, DeFi offers a decentralized alternative that promises greater transparency, security, and inclusiveness.

Yet despite its potential, the DeFi space is not without its challenges. Complex interfaces, steep learning curves, and the need for constant vigilance in a rapidly changing market deter many potential users.²

The Growing Difficulties of DeFi

The decentralized nature of DeFi is both its strength and its Achilles heel. On the one hand, it cuts out middlemen, thereby reducing costs and increasing accessibility. On the other hand, it requires users to navigate a maze of protocols, tokens and trading strategies.

For newcomers, this can be intimidating. Even experienced traders often find themselves overwhelmed by the volume of information and the speed at which the market moves. This complexity creates a barrier to entry, limiting the adoption of DeFi technologies.

Kinetix Overview

Enter Kinetix, a platform that aims to simplify and improve the DeFi experience through the integration of advanced AI technologies. Launched just a year ago, Kinetix has quickly become a significant player in the DeFi space, boasting impressive stats and a vibrant community.

Kinetix’s numbers speak for themselves: the platform supports Perps v2, including forex and commodities, and Perps v1 with up to 50x leverage. It attracted 11,764 unique users and generated total volume of over $1.5 billion. The platform has generated $440,000 in fees and has a total value locked (TVL) of $21.7 million. With a presence on several blockchain networks like Kava and Cosmos, Kinetix is ​​well-positioned to address the challenges of DeFi.

The Power of AI in DeFi

Kinetix’s recent announcement in early May introduced a suite of AI features designed to give traders an edge. These innovations are not just about adding new tools; they represent a shift towards more accessible and user-friendly DeFi.

  • AI-powered news feed: Staying informed in the DeFi world is crucial. Kinetix’s AI-powered news feed keeps users informed of market events in real time. This feature consolidates news from various sources, providing a comprehensive overview that helps users quickly make informed decisions.
  • AI Companion: Leveraging Large Language Models (LLM), this companion can respond to user queries by consolidating information from public documents. Beyond simply answering questions, it can perform simple actions such as swaps and perpetual transactions based on user prompts. This simplifies the trading process, making it more intuitive and less intimidating for users.
  • High performance trading bots: Trading robots are a staple of the DeFi world, but Kinetix’s robots have a special feature. These high-performance bots are designed to optimize trade execution, protect against miner extractable value (MEV), and guarantee the best prices. By automating complex trading strategies, these robots ensure that users can maximize their returns while minimizing risks.
  • Strategy Center: This platform allows users to assign robots to execute various trading strategies with just one click. From arbitrage trades to delta-neutral yield plays and alpha-maximizing liquidity provider (LP) strategies, the Strategy Hub simplifies complex trading tactics, making them accessible to all users.

RECENT DEVELOPMENTS

Kinetix has not rested on its laurels. The platform continues to evolve, with several key updates and developments:

  1. $KAI Airdrop: The $KAI token, at the heart of the Kinetix ecosystem, is intended for airdrop, rewarding users from different segments. This initiative aims to encourage active participation and expand the platform’s user base.
  2. Platform integrations: Kinetix has integrated with OpenOcean, a leading DeFi aggregator. This integration allows OpenOcean users to access Kinetix’s DEX V3, Perps V2 and multi-asset liquidity, improving the reach and functionality of the platform.
  3. Registration on Gate.io: The $KAI token will be listed on Gate.io on June 20, 2024. This listing is expected to increase the visibility and liquidity of the token, attracting more traders to the platform.
  4. Strategic partnerships: Kinetix has partnered with various industry-leading protocols, including Pyth, Abracadabra, Hover, MetaVault, and Steer Finance. These partnerships aim to strengthen the capabilities of the platform and expand its ecosystem.
  5. Kinetix V3 DEX and ICHI integration: Kinetix has integrated ICHI’s liquidity management technology into its DEX V3, improving liquidity and trading efficiency. This integration is part of Kinetix’s ongoing efforts to improve the performance and user experience of its platform.

Kinetix IDO: Fueling Future Growth

The Initial DEX Offering (IDO) of Kinetix’s $KAI token was a significant event for the platform.

Here is a detailed overview of the IDO process and its implications:

Key dates:

  • Whitelisting: June 4 at 10 a.m. UTC – June 11 at 10 a.m. UTC
  • Whitelist Winner Announcement: June 16-17, 10 a.m. UTC
  • Whitelisting:June 17, 10:00 UTC – June 19, 10:00 UTC
  • FCFS Sale: June 19, 10 a.m. UTC – June 20, 10 a.m. UTC

IDO Details

  • Introductory price: 0.015 USDC per $KAI
  • Total amount: 400,000 USDC
  • Total issued: $26,666,666KAI
  • Total winning tickets: 1,600
  • Redemption amount: 250 USDC per ticket
  • Total number of participants: 119,623

Interested users can visit the IDO at Eclypse website. The $KAI token serves as a key to the entire Kinetix ecosystem, powering the DeFi hub exclusively designed for the Kava ecosystem. The IDO was designed to effectively reward Kinetix users and expand the platform’s user base.

The future of AI-powered DeFi

Kinetix’s vision extends beyond its current achievements. The platform is committed to leading the next wave of DeFi innovation, integrating AI to make decentralized finance more accessible and efficient. The upcoming launch and airdrop of the $KAI token is part of this vision, aiming to encourage participation and reward users.

As AI continues to shape the tech industry, Kinetix’s approach could serve as a model for future DeFi developments. By making the user experience more intuitive and lowering the barriers to entry, Kinetix is ​​poised to attract a wider audience and drive the next phase of DeFi growth.

Kinetix is ​​at the forefront of a new era in DeFi, leveraging AI to address the challenges and complexities of decentralized finance. By simplifying the user experience and providing advanced trading tools, Kinetix makes DeFi more accessible and efficient. As the platform continues to evolve and grow, it is set to play a crucial role in shaping the future of decentralized finance. The integration of AI into DeFi is not just a trend but a transformative change that could redefine the way we interact with financial systems, making them more inclusive, transparent and user-friendly.

Publications viewed: 78

Fuente

We are the editorial team of CoinFlix, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on CoinFlix, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Información básica sobre protección de datos Ver más

  • Responsable: Miguel Mamador.
  • Finalidad:  Moderar los comentarios.
  • Legitimación:  Por consentimiento del interesado.
  • Destinatarios y encargados de tratamiento:  No se ceden o comunican datos a terceros para prestar este servicio. El Titular ha contratado los servicios de alojamiento web a Banahosting que actúa como encargado de tratamiento.
  • Derechos: Acceder, rectificar y suprimir los datos.
  • Información Adicional: Puede consultar la información detallada en la Política de Privacidad.

DeFi

If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation

CoinFlix Staff

Published

on

If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation

Bonk and Pepe appear set to net new investors 10x to 100x returns over the next 12 months. However, cryptocurrencies in the DeFi play-to-earn gaming sector could offer even greater returns. As August approaches, Rollblock is emerging as a standout DeFi play-to-earn gem with the potential to 100x-1000x gains in the fourth quarter and beyond.

The project features an innovative revenue sharing model and exceptional accessibility, attracting players and investors. Additionally, Rollblock’s extensive game library of over 150 titles and enhanced sports betting are further driving excitement for the platform. Cryptocurrency analysts are expecting a sudden surge in demand. 800% a push for Rollblock from the beginning of September.

Bonk remains strong despite market fluctuations

While most well-known cryptocurrencies struggled throughout July, Bonk remained strong. As one of the highest-grossing meme cryptocurrencies of 2024, Bonk rose over 24% in July, while most cryptocurrencies experienced negative fluctuations.

Investors looking to add a relatively safe memecoin to their portfolio should consider Bonk. While Bonk is unlikely to generate explosive gains of 250x to 1,000x from here on out, Bonk could still theoretically provide returns in the 20x to 100x range.

Pepe should see a big rise in the next bull run

Alongside Bonk, Pepe has yet to go through a bull run. This means that there are still substantial gains to be made from Pepe over the next 12 months.

Pepe is down 4% in 30 days, but that shouldn’t worry Pepe investors in 2024. Experts believe Pepe’s best days are still ahead, with crypto analysts predicting a 10x to 50x surge in the next election cycle around November.

In the long term, Pepe could surpass the 100x mark for today’s investors. However, Pepe is a memecoin, and one should exercise caution when investing in purely speculative assets that have no utility.

Rollblock’s Unprecedented Hype Potential Could Push It Past 100x Valuation in Q4

Rollblock is a GambleFi Play-to-Earn token that integrates centralized and decentralized gambling on a single platform. By allowing players to earn rewards through active participation and gameplay, the platform creates a compelling incentive structure that appeals to both casual and competitive players.

With its cutting-edge blockchain technology, Rollblock offers top-notch security that keeps bets and transactions on the platform secure. The platform’s lack of KYC mandates appeals to both users who value anonymity and security.

Rollblock’s revenue sharing model, which allocates up to 30% of casino revenue to RBLK token holders, is a major draw for investors. The model involves burning half of the repurchased tokens and distributing the other half to stakers, increasing the token’s value and encouraging long-term investment.

The platform is also constantly evolving thanks to user feedback which has enabled updates such as the upcoming sports betting feature within the platform’s casino. This addition will complement Rollblock’s extensive game library of over 150 titles, ranging from traditional poker to innovative blockchain-based games.

RBLK is expected to emerge as one of the leading DeFi tokens in 2024. With a price of $0.0172 with impressive growth potential and over 140 million tokens sold recently, Rollblock is on track to enter the top 100 cryptocurrencies by Q4, making today a lucrative time to buy RBLK tokens.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/

Social networks: https://linktr.ee/rollblockcasino

No spam, no lies, only insights. You can unsubscribe at any time.

Fuente

Continue Reading

DeFi

Cryptocurrency sector is experiencing ‘most misjudged moment’ since 2020, says venture capitalist Arthur Cheong

CoinFlix Staff

Published

on

Cryptocurrency sector is experiencing ‘most misjudged moment’ since 2020, says venture capitalist Arthur Cheong

Veteran cryptocurrency investor Arthur Cheong believes the digital asset sector offers long-term holders a golden opportunity.

Cheong, the founder of DeFiance Capital, tell His 171,700 followers on social media platform X indicate that he believes decentralized finance (DeFi) is hugely undervalued.

According to Cheong, DeFi projects are innovating at a rapid pace and leaving traditional financial (TradFi) companies in the dust.

“It’s been a long time since I’ve been this excited about the risk/reward and potential upside of DeFi. This is probably the most misjudged moment since the pre-DeFi summer of 2020, with extremely promising prospects.

I see opportunities not only in OG (original) DeFi, but also in some newer projects that are evolving rapidly and growing at a pace that fintech startups will do anything to match.

The veteran investor also believes that crypto is now here to stay following recent launch from the Ethereum spot market (ETH) exchange-traded funds (ETFs) last week.

“Overall, the floodgates are open and there is no turning back. TradFi asset managers will continue to launch new crypto products because, guess what: there is huge demand for them!”

I expect them to launch actively managed crypto ETFs [in the] coming years. ”

Earlier this month, Cheong laid that it might be a bad strategy for cryptocurrencies to seek mass adoption, believing that digital assets are designed to disrupt several key financial sectors.

“I think we should accept that cryptocurrencies may not be suited for mass adoption like Web2, but rather are optimized for some narrow but very high-impact use cases like stateless global money, cross-border payments, and decentralized finance.

Chasing mass adoption of normies may be chasing the wrong Grail from the start.

Don’t miss a thing – Subscribe to receive email alerts directly to your inbox

Check Price action

follow us on X, Facebook And Telegram

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investments in Bitcoin, cryptocurrencies or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured image: Shutterstock/ktsdesign



Fuente

Continue Reading

DeFi

Cryptocurrency sector is experiencing ‘most misjudged moment’ since 2020, says venture capitalist Arthur Cheong

CoinFlix Staff

Published

on

Cryptocurrency sector is experiencing ‘most misjudged moment’ since 2020, says venture capitalist Arthur Cheong

Veteran cryptocurrency investor Arthur Cheong believes the digital asset sector offers long-term holders a golden opportunity.

Cheong, the founder of DeFiance Capital, tell His 171,700 followers on social media platform X indicate that he believes decentralized finance (DeFi) is hugely undervalued.

According to Cheong, DeFi projects are innovating at a rapid pace and leaving traditional financial (TradFi) companies in the dust.

“It’s been a long time since I’ve been this excited about the risk/reward and potential upside of DeFi. This is probably the most misjudged moment since the pre-DeFi summer of 2020, with extremely promising prospects.

I see opportunities not only in OG (original) DeFi, but also in some newer projects that are evolving rapidly and growing at a pace that fintech startups will do anything to match.

The veteran investor also believes that crypto is now here to stay following recent launch from the Ethereum spot market (ETH) exchange-traded funds (ETFs) last week.

“Overall, the floodgates are open and there is no turning back. TradFi asset managers will continue to launch new crypto products because, guess what: there is huge demand for them!”

I expect them to launch actively managed crypto ETFs [in the] coming years. ”

Earlier this month, Cheong laid that it might be a bad strategy for cryptocurrencies to seek mass adoption, believing that digital assets are designed to disrupt several key financial sectors.

“I think we should accept that cryptocurrencies may not be suited for mass adoption like Web2, but rather are optimized for some narrow but very high-impact use cases like stateless global money, cross-border payments, and decentralized finance.

Chasing mass adoption of normies may be chasing the wrong Grail from the start.

Don’t miss a thing – Subscribe to receive email alerts directly to your inbox

Check Price action

follow us on X, Facebook And Telegram

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investments in Bitcoin, cryptocurrencies or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured image: Shutterstock/ktsdesign



Fuente

Continue Reading

DeFi

If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation

CoinFlix Staff

Published

on

If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation

Bonk and Pepe appear set to net new investors 10x to 100x returns over the next 12 months. However, cryptocurrencies in the DeFi play-to-earn gaming sector could offer even greater returns. As August approaches, Rollblock is emerging as a standout DeFi play-to-earn gem with the potential to 100x-1000x gains in the fourth quarter and beyond.

The project features an innovative revenue sharing model and exceptional accessibility, attracting players and investors. Additionally, Rollblock’s extensive game library of over 150 titles and enhanced sports betting are further driving excitement for the platform. Cryptocurrency analysts are expecting a sudden surge in demand. 800% a push for Rollblock from the beginning of September.

Bonk remains strong despite market fluctuations

While most well-known cryptocurrencies struggled throughout July, Bonk remained strong. As one of the highest-grossing meme cryptocurrencies of 2024, Bonk rose over 24% in July, while most cryptocurrencies experienced negative fluctuations.

Investors looking to add a relatively safe memecoin to their portfolio should consider Bonk. While Bonk is unlikely to generate explosive gains of 250x to 1,000x from here on out, Bonk could still theoretically provide returns in the 20x to 100x range.

Pepe should see a big rise in the next bull run

Alongside Bonk, Pepe has yet to go through a bull run. This means that there are still substantial gains to be made from Pepe over the next 12 months.

Pepe is down 4% in 30 days, but that shouldn’t worry Pepe investors in 2024. Experts believe Pepe’s best days are still ahead, with crypto analysts predicting a 10x to 50x surge in the next election cycle around November.

In the long term, Pepe could surpass the 100x mark for today’s investors. However, Pepe is a memecoin, and one should exercise caution when investing in purely speculative assets that have no utility.

Rollblock’s Unprecedented Hype Potential Could Push It Past 100x Valuation in Q4

Rollblock is a GambleFi Play-to-Earn token that integrates centralized and decentralized gambling on a single platform. By allowing players to earn rewards through active participation and gameplay, the platform creates a compelling incentive structure that appeals to both casual and competitive players.

With its cutting-edge blockchain technology, Rollblock offers top-notch security that keeps bets and transactions on the platform secure. The platform’s lack of KYC mandates appeals to both users who value anonymity and security.

Rollblock’s revenue sharing model, which allocates up to 30% of casino revenue to RBLK token holders, is a major draw for investors. The model involves burning half of the repurchased tokens and distributing the other half to stakers, increasing the token’s value and encouraging long-term investment.

The platform is also constantly evolving thanks to user feedback which has enabled updates such as the upcoming sports betting feature within the platform’s casino. This addition will complement Rollblock’s extensive game library of over 150 titles, ranging from traditional poker to innovative blockchain-based games.

RBLK is expected to emerge as one of the leading DeFi tokens in 2024. With a price of $0.0172 with impressive growth potential and over 140 million tokens sold recently, Rollblock is on track to enter the top 100 cryptocurrencies by Q4, making today a lucrative time to buy RBLK tokens.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/

Social networks: https://linktr.ee/rollblockcasino

No spam, no lies, only insights. You can unsubscribe at any time.

Fuente

Continue Reading

Trending

Copyright © 2024 COINFLIX.TECH. All rights reserved. This website provides educational content and highlights that investing involves risks. It is essential to conduct thorough research before investing and to be prepared to assume potential losses. Be sure to fully understand the risks involved before making investment decisions. Important: We do not provide financial or investment advice. All content is presented for educational purposes only.