• MOSDEX is deploying Artificial Intelligence (AI) and Deep Neural Networks to improve its arbitrage staking platform.
• The platform expects better efficiency, throughput, profitability, and lower user trading costs.
• AI adoption in the DeFi space is growing, with more platforms leveraging this technology to find profitable strategies.
MOSDEX Deploys AI and Deep Neural Networks for Crypto
MOSDEX, a crypto arbitrage platform, is using Artificial Intelligence (AI) and Deep Neural Networks for arbitrage. The new technology has the potential to set a “benchmark for DeFi” with improved efficiency, throughput, profitability and reduced user trading costs.
What Is AI Path Finder Technology?
The AI Path Finder technology scans decentralized finance (DeFi) protocols and liquidity pools for price discrepancies. If it finds some, the protocol executes an arbitrate trade which generates profits while contributing liquidity. Capital for these trades comes from MOSDEX users who receive a share of the profits.
Risks Involved With Arbitrage Staking
Arbitrage staking involves giving up custody over crypto assets so users should only grant custody to trusted institutions as there are no guarantees of financial returns in volatile markets.
Growing Influence Of AI In DeFi
The deployment of Deep Neural Networks in arbitrage reflects the growing influence of AI technology in DeFi suggesting that such technologies will continue drive DeFi adoption from now on.
Staying Safe After KuCoin Twitter Hack
In order to stay safe after major hacks like the recent KuCoin Twitter hack it is important to understand how to avoid falling victim to similar scams by taking certain precautions when making crypto transactions online or offline.