Join Our Mailing List
Sunday April 02, 2023
Bitcoin (BTC) $27,885.47   Ethereum (ETH) $1,774.26
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Vendor Technology

Fetch.ai brings AI-powered tools to combat impermanent loss in AMMs and DEXs

At launch, users will be able to create up to five agents with stop-loss triggers for all liquidity pools on Uniswap and PancakeSwap...

Published by CryptoNinjas.net
06/29/2021
Fetch.ai brings AI-powered tools to combat impermanent loss in AMMs and DEXs

Fetch.ai, a Cambridge-based artificial intelligence lab building an open-access decentralized machine learning network for smart infrastructure, announced today the launch of its DeFi Agents toolkit. Utilizing a user-friendly DeFi app, users will now, for the first time, be able to automatically withdraw liquidity from any Uniswap V2 and PancakeSwap pool based on predefined conditions.

To combat risks that liquidity providers (LPs) face when depositing liquidity, and more specifically; impermanent loss, Fetch.ai’s DeFi Agents app allows users to customize stop-loss parameters on decentralized exchanges. Currently, Stop-Loss agents can automatically withdraw user funds from liquidity pools; if the exchange rate between the two tokens falls to a predetermined level.

The Fetch.ai team plans to extend the functionality of the DeFi Agent tool to enable automatic liquidity withdrawal and deposit when token sentiment goes below a certain threshold, move liquidity of ERC-20s or BEP-20s to a defined range if the price is breached (in Uniswap V3), and remove liquidity if ETH fees are becoming too high in a pre-set period of time.

“Intelligent automation has the potential to transform the end-to-end experience of the DeFi applications we use today. Rather than constantly monitoring price action and having to manually withdraw liquidity; Fetch.ai DeFi Agents simplify and streamline that whole process for LPs. By improving upon the current experience for LPs on popular DEXs like Uniswap and PancakeSwap; we have created the catalyst for the adoption and usage of DeFi applications.”
– Humayun Sheikh, CEO of Fetch.ai

Through Fetch.ai’s DeFi Agent dashboard, users will be able to track and update their agents, access information on their Uniswap and PancakeSwap pool pairs and manage the triggers that were created.

Fetch.ai’s DeFi Agents are primed to support further customizations that include:

  • Swap Support: This allows a swap to be performed at a given threshold for Uniswap V2 and PancakeSwap pools.
  • APY Monitoring: Will withdraw liquidity if APY is less than a specified amount.
  • ETH Fund Management I: Deposits funds in a contract and uses it to automatically top-up one-or-more pools.
  • ETH Fund Management II: Allows agents to swap ERC-20s or BEP-20s for ETH if funds drop below a predetermined level.
  • Strategy Creator: Creates IFTTT (If This Then That) strategies for pool deposits/withdrawals.
  • Portfolio Management (Uniswap V3): Defines a weighting for a sector (e.g. oracles, AI, NFTs) and implements an ETF-like strategy (similar to market-weighted Balancer pool).
  • Private Uniswap V3 Strategy: Hides strategies behind the agent.
197
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram
Source: defi-agents.fetch.ai

Related News

Fetch.ai gets $5M from GDA Group; FET token integrated onto Fireblocks crypto platform

03/10/2021
Fetch.ai gets $5M from GDA Group; FET token integrated onto Fireblocks crypto platform

Fetch.ai, a Cambridge-based artificial intelligence lab building an open-access decentralized machine learning network for smart infrastructure, announced today that the GDA Group & affiliates will invest 5 million into the Fetch ecosystem. In conjunction...

Read more

Token-based commodities DEX Mettalex launches on Binance Smart Chain and Ethereum

02/26/2021
Token-based commodities DEX Mettalex launches on Binance Smart Chain and Ethereum

Mettalex, a DEX focused on token-based commodities trading, announced today the launch of its decentralized commodities exchange on Binance Smart Chain and Ethereum's Kovan testnet; with 20 available markets for traders to take tokenized...

Read more

Fetch.ai’s derivatives exchange Mettalex launches smart contracts on Binance Smart Chain

12/18/2020
Fetch.ai's derivatives exchange Mettalex launches smart contracts on Binance Smart Chain

Mettalex, a decentralized token-based derivatives exchange focused on commodity markets, announced today the launch of its smart contracts on Binance Smart Chain, improving the flexibility, interoperability, and scalability of the platform. Founded with the...

Read more

Tokenized commodities exchange Mettalex distributes first native MTLX tokens

08/26/2020
Tokenized commodities exchange Mettalex distributes first native MTLX tokens

Mettalex, a decentralized crypto and commodities derivatives trading platform powered by Fetch.ai, announced today the initial distribution of the platform’s MTLX staking tokens to FET holders as it prepares to go live. Starting September...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
$45M Gone in a Flash Loan Attack: How Scammers Exploited Vulnerabilities in Pancake Bunny's Smart Contract Code

$45M Gone in a Flash Loan Attack: How Scammers Exploited Vulnerabilities in Pancake Bunny’s Smart Contract Code

05/20/2021

HitBTC adds BitcoinCash futures before the hard fork

07/29/2017
Global Brain invests in Omise, creator of crypto ecosystem OmiseGO

Global Brain invests in Omise, creator of crypto ecosystem OmiseGO

10/22/2018
Nomura’s Laser Digital invests in Infinity, an Ethereum-based money market protocol

Nomura’s Laser Digital invests in Infinity, an Ethereum-based money market protocol

02/15/2023
ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

02/02/2023
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy