Auzzi Shopping

The Times Real Estate

.

Today's Features at Auzzi

Sitting Comfortably: The Benefits of Floor Cushions for Work and Relaxation

Sitting for long periods can quietly chip away at your comfort and focus. Most people spend hours each day hunched over a laptop or wedged into an ergonomic desk chair that doesn’t quite...

How to Use Headless CMS with JAMstack for Lightning-Fast Websites

Never has the demand for websites that are fast, high-performance, secure, and scalable been more crucial. Businesses need web solutions that open in the blink of an eye, perform well and ...

No More Sandy Mess: Must-Have Sand-Free Beach Towels

Sand sticking to everything is an inevitable annoyance that comes with spending a day at the beach, which promises relaxation, sun, and the calming sound of waves. Sand gets into every noo...

What to Expect During a Washing Machine Repair Service

Melbourne washing machine repairs make sure your machine runs well and do not interfere with your regular laundry schedule. Expert experts correctly identify problems and provide affordabl...

How to Choose the Best Plastering Services in Australia: A Homeowner’s Guide

Plastering is a fundamental component of any residence—whether constructing a new one, renovating an existing one, or repairing damaged ceilings and walls. Proper plastering can provide ...

Top Roof Safety Solutions for Melbourne's Industrial and Commercial Sectors

Melbourne’s industrial and commercial activities are considerably influential in the growth of its economy. However, with this kind of growth comes the need to protect the employees' liv...

Types of Pallets Available in Australia: Which One Is Right for Your Business?

(Source) Pallets make it easier for businesses to handle and store goods efficiently, thus making them an integral part of the supply chain. Be it a small-scale business or large-scale lo...

Array's Next-Gen Algorithmic Stablecoin System: Built on Self-Developed AI Algorithms

  • Written by Auzzi Shopping

VICTORIA, MAHE, SEYCHELLES - Media OutReach - 3 April 2023 - Recently, the AI+Stablecoin project Array has attracted attention in the industry by utilizing on-chain AI algorithms to adjust liquidity curves and provide a new asset management method for Web3.

In Web3, currency is considered a digital asset based on blockchain technology, which no longer requires centralized institutions to issue and manage. However, this decentralized currency system also has some issues, such as volatility and liquidity constraints.

array.png

Array is a full-chain protocol for decentralized asset management that aims to build the next-gen algorithmic currency systems through AI, allowing Web3 to break free from the cycles of volatility while still enjoying shared wealth creation. The Array team believes that "AI, as one of the core technologies, plays a crucial role in building algorithmic currency systems."

Through self-developed AI algorithms, the Array team operates based on the Polygon Network public chain, adopts the dual token economic model ($ARA/$USDR), and creates original complex code and contract invocation logic, simplifying the complex steps of application interaction, bringing more composability to applications. Its trading operations are conducted on-chain, with open and transparent contracts and full open source.

Optimizing Liquidity with AI Algorithms

The Array team believes that in order to maximize benefits, pledging $ARA to obtain staking rewards and corresponding $USDR (with 400% over-collateralization) is the way to go. However, this leads to insufficient $ARA liquidity. To address this issue, the platform has developed a self-developed Liquidity Curve contract, which provides liquidity support for the platform. Through a complex algorithm that releases small amounts of $ARA to the market multiple times, this not only increases the bottoming fund pool but also creates opportunities and convenience for more people to participate in the project.

Array uses AI algorithms to achieve certain security and interoperability to ensure the safety of users' digital assets and transactions, such as encryption technology, firewalls, etc. Users can easily connect traditional fiat currencies and cryptocurrencies, making fund transfers and transactions more accessible.

It is worth mentioning that this model not only allows seamless switching between traditional and cryptocurrencies but also further promotes the popularity and use of digital assets in the traditional financial system. It provides multiple guarantees for users and is expected to redefine the entire stablecoin industry.

Hashtag: #Array

The issuer is solely responsible for the content of this announcement.