ChainCatcher message, ai16z co-founder Shaw mentioned in an offline interview with BlockBeats when talking about 'DeFi agents': 'ai16z is collaborating with Orca to develop an agent, which is an automated bot that can automatically manage Orca's liquidity pools. Users just need to deposit tokens into it, and if the pool does not exist, it will automatically create a new pool; if the pool already exists, it will place the tokens into the existing pool. Next, it will continuously monitor these pools, and once it detects a situation that may lead to impermanent loss, such as a divergence in token prices, it will automatically withdraw funds from the pool. Because most people are concerned about the issue of impermanent loss. Users can also program control over the token price spread or adjust the token pairing method.'
Shaw added: 'In fact, this method can be applied to other DeFi products, such as yield farming. This will lead to a new DeFi Summer. The reason there isn't a DeFi Summer right now is that not enough people know how to use DeFi, but the infrastructure for DeFi is already there, waiting to be fully utilized.'