• MOSDEX has deployed AI and Deep Neural Networks to its arbitrage staking platform in order to find better arbitrage opportunities.
• The technology is expected to lead to better efficiency, profitability, and lower costs for users.
• The adoption of AI technology reflects the growing influence of DeFi and suggests that it will continue to drive DeFi adoption.
MOSDEX Deploys AI and Deep Neural Networks
MOSDEX has recently deployed AI and Deep Neural Networks on its crypto arbitrage staking platform in order to find better arbitrage opportunities for traders. The new technology is expected to improve efficiency, throughput, profitability, and lower user trading costs – setting a „new benchmark“ for DeFi according to MOSDEX CEO Joseph Emmett.
How Does It Work?
The AI Path Finder Technology scans decentralized finance (DeFi) protocols and liquidity pools for price discrepancies. When it finds some, the protocol executes an arbitrate trade using capital from MOSDEX users who receive a share of the profits.
On the Flipside
Users should be aware that granting custody over their crypto involves risks as crypto markets are volatile and unpredictable; there is no way to guarantee financial returns.
Why You Should Care
The deployment of Deep Neural Networks in arbitrage reflects the growing influence of AI technology in DeFi which suggests that AI will continue driving DeFi adoption from now on.
More Information
To learn more about using AI in the Crypto Market read: “AI in the Crypto Market: How to Stay Ahead of the Trends” To stay safe after KuCoin’s Twitter security breach read: “How To Stay Safe After The KuCoin Twitter Security Breach”