Source: PermaDAO
Soon after the launch of the hyperparallel computer AO, everVision's cross-chain payment protocol everPay and decentralized exchange Permaswap announced that they would adapt all their functions to AO and introduce multi-chain assets to the AO ecosystem.
At the same time, Community Labs launched the AO native decentralized exchange Bark and the stablecoin protocol Astro, and then the decentralized oracle 0rbit built on AO also came into being.
AO's financial ecology is building a solid foundation, and everything is ready to go. It is worth noting that as more and more builders pay attention to and join the Arweave ecology and AO network, the AO ecology has entered a period of rapid development, and new native projects have frequently emerged.
This article will introduce the recent projects such as Autonomous Finance, AOX, ArSwap and aoWebWallet, and give you a preliminary understanding of the new forces in the AO financial ecosystem.
The launch of Autonomous Finance has been foreshadowed. Previously, the AO official Twitter account published an article detailing the concept of AgentFi, hinting that a product that can revolutionize traditional DeFi technology will be released soon.
Autonomous Finance is built on AO and introduces AI models on the chain to build a new AI-driven decentralized financial application. Specifically, Autonomous Finance consists of three basic pillars:
Core Infrastructure:Use on-chain machine learning algorithms and Web2 data streams to improve transaction speed and accuracy, optimize order routing to maximize liquidity, and provide real-time liquidity protection services. Key applications include stablecoins, decentralized exchanges, derivatives, money markets, lending markets, synthetic assets, and cross-chain bridges.
AgentFi:AgentFi is a new DeFi primitive created by Autonomous Finance based on the AO architecture. It is a smart financial market that combines autonomous agents, machine learning, and full automation. Examples include asset fixed investment management agents, self-balancing autonomous index funds, customizable autonomous hedge funds, income aggregation agents, on-chain prediction agents, high-frequency trading agents, self-optimizing risk balancing agents, and financial agent algorithm markets.
ContentFi:ContentFi can provide valuable data resources for the Autonomous Finance ecosystem by attributing and monetizing data stored on Arweave as a composable asset of the AO thread. It can encourage individuals or DAO organizations to contribute data to the Permaweb for profit, thereby building a liquid data market.
Autonomous Finance built on AO will make full use of AI technology, introduce intelligent financial strategies and automated operating procedures based on traditional DeFi services, and allow Web3's financial applications to officially enter the era of permissionless intelligence and automation.
Official website:https://www.autonomous.finance/
X platform:https://twitter.com/autonomous_af
AOX is the first cross-chain bridge project of AO, developed by the everVision team, and will provide asset cross-chain services between the AO network and other blockchain networks. The Beta version of AOX is expected to be launched in mid-May, when it will support the cross-chain function of $AR between Arweave and AO networks.
It is reported that cross-chain services of networks such as Ethereum, BTC and BSC will be launched in succession, allowing more public chains and more types of assets to seamlessly enter the AO network.
Official website: https://www.aox.xyz/
X platform: https://twitter.com/aox_xyz
ArSwap is a DeFi project recently launched on AO, developed by the Pianity team (Arweave ecological music NFT project). When ArSwap was launched, it officially announced a partnership with Aetheris (a new memecoin project on AO). Currently, two test tokens, $Fire and $Earth, have been launched, and support the addition of LP liquidity pools.
Users can get faucets on ArSwap to experience trading and building LP liquidity on ArSwap in advance.
Will $air and $water be launched on Arswap in the future? What new gameplay will there be? Let us wait and see.
Official website: https://arswap.org/swap
X platform: https://twitter.com/ar_swap
aoWebWallet is the native wallet of the AO network, designed to securely manage assets on AO, and supports sending, receiving and tracking AO network assets. Users can log in directly by connecting to the Arconnect wallet, or by importing the wallet's .JSON file.
Currently, aoWebWallet already supports $AO-CRED, $Bark, $TRUNK, $0rbit, $Fire and $Earth, and you can also add tokens by entering the contract address of the token.
Official website:https://aoww.net/
X platform:https://twitter.com/aoWebWalle
Because Arweave has an extremely high data carrying capacity, the DApp platform based on the AO and SCP architecture can greatly save data publishing and storage costs, making it easier to support some scenarios that have a strong demand for throughput.
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