Author: Kyle
Reviewer: Sandy
Shortly after the launch of the hyperparallel computer AO, everVision's cross-chain payment protocol everPay and decentralized exchange Permaswap announced that they would adapt all their functions to AO and introduce multi-chain assets to the AO ecosystem. At the same time, Community Labs launched the AO native decentralized exchange Bark and the stablecoin protocol Astro, and then the decentralized oracle 0rbit built on AO was born.
AO's financial ecology is building a solid foundation, and everything is ready to go. It is worth noting that as more and more builders pay attention to and join the Arweave ecology and AO network, the AO ecology has entered a period of rapid development, and new native projects have frequently emerged. This article will introduce the recently launched projects such as Autonomous Finance, AOX, ArSwap and aoWebWallet, and give you a preliminary understanding of the new forces in the AO financial ecology.
Autonomous Finance
The launch of Autonomous Finance was foreshadowed long ago. Previously, the official AO account published an article detailing the concept of AgentFi, hinting at the upcoming release of a product that could revolutionize traditional DeFi technology.
Autonomous Finance is built on AO and introduces AI models on-chain to build a new AI-driven decentralized financial application. Specifically, Autonomous Finance consists of three basic pillars:
Core infrastructure: Leverage on-chain machine learning algorithms and Web2 data streams to improve transaction speed and accuracy, optimize order routing to maximize liquidity, and provide real-time liquidity protection services. Key applications include stablecoins, decentralized exchanges, derivatives, money markets, lending markets, synthetic assets, and cross-chain bridges.
AgentFi: AgentFi is a new DeFi primitive created by Autonomous Finance based on the AO architecture. It is an intelligent financial market that combines autonomous agents, machine learning, and full automation. Examples include asset management agents, self-balancing autonomous index funds, customizable autonomous hedge funds, income aggregation agents, on-chain prediction agents, high-frequency trading agents, self-optimizing risk balancing agents, and financial agent algorithm markets.
ContentFi: ContentFi can provide valuable data resources for the Autonomous Finance ecosystem by attributing and monetizing data stored on Arweave as a composable asset for AO threads. It can encourage individuals or DAO organizations to contribute data to the Permaweb for profit, thereby building a liquid data market.
Autonomous Finance built on AO will make full use of AI technology to introduce intelligent financial strategies and automated operating procedures based on traditional DeFi services, allowing Web3's financial applications to officially enter the era of permissionless intelligence and automation.
Official website: https://www.autonomous.finance/
X platform: https://twitter.com/autonomous_af
AOX
AOX is AO's first cross-chain bridge project, developed by the everVision team, and will provide cross-chain asset services between the AO network and other blockchain networks. The Beta version of AOX is expected to be launched in mid-May, when it will support the cross-chain function of $AR between Arweave and the AO network. It is reported that cross-chain services for networks such as Ethereum, BTC and BSC will be launched in succession, allowing more public chains and more types of assets to seamlessly enter the AO network.
Official website: https://www.aox.xyz/
X Platform: https://twitter.com/aox_xyz
ArSwap
ArSwap is a recently launched DeFi project on AO, developed by the Pianity team (Arweave ecosystem music NFT project). ArSwap officially announced its cooperation with Aetheris (a new memecoin project on AO) when it was launched. Currently, two test tokens $Fire and $Earth have been launched, and it supports adding LP liquidity pools.
Users can receive faucets on ArSwap and experience trading and building LP liquidity on ArSwap in advance.
Will Arswap launch $air and $water in the future? What new gameplay will there be? Let's wait and see.
Official website: https://arswap.org/swap
X Platform: https://twitter.com/ar_swap
aoWebWallet
aoWebWallet is the native wallet of the AO network, designed to securely manage assets on AO, and supports sending, receiving, and tracking AO network assets. Users can log in directly by connecting to the Arconnect wallet, or by importing the wallet's .JSON file.
Currently, aoWebWallet supports $AO-CRED, $Bark, $TRUNK, $0rbit, $Fire and $Earth, and you can also add tokens by entering the contract address of the token.
Official website: https://aoww.net/
X Platform: https://twitter.com/aoWebWalle
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💡 The PermaDAO community was initiated by everVision and sponsored by Forward Research (Arweave official). It is a "co-builder community" built around the theme of Arweave consensus storage. All the workload of contributors will become data consensus. Let's start with "data consensus" and explore a new model of stranger work collaboration - decentralized autonomous organization.
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