According to TechFlow, the blockchain encyclopedia IQ.wiki announced that its Web 3.0 metaverse knowledge fund BrainDAO has pledged $10 million in ETH to Frax Finance's liquid pledge derivative (LSD) Frax Ether. This move has brought income to BrainDAO, and all profits generated by Frax Ether validators will be distributed to sfrxETH holders.
BrainDAO has established a $26 million fund to fund the development of new products such as IQ Code. It is reported that IQ Code is the first AI model tailored for smart contracts, designed to audit and generate smart contract code, and will be launched in 2024. First, it has the ability to audit smart contracts, and then it can also generate smart contract code.
