Partnership Announcement with Allora: Leveraging AI to Empower iZUMi
2024-07-25 15:39
iZUMi Finance
2024-07-25 15:39
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iZUMi is thrilled to announce the collaboration with Allora, a self-improving decentralized AI network.

About Allora Network

Allora is a self-improving decentralized AI network. The Allora Network provides applications with enhanced, secure AI by utilizing a self-improving network of machine learning (ML) models.

About iZUMi

iZUMi Finance is a multi-chain DeFi protocol providing one-stop DEX-as-a-Service. The philosophy is that every token deserves better on-chain liquidity in an efficient and lasting way.

Leveraging AI to Empower iZUMi

Allora’s pioneering approach facilitates an environment where diverse machine learning models can work together to improve shared objectives (e.g. price prediction), evaluate, learn from one another, and optimize their performance. This self-enhancing mechanism significantly improves the models’ precision and reliability, making them more proficient at recognizing trends and ensuring sustained learning and growth within the network.

Through this collaboration, iZUMi will harness Allora’s sophisticated AI-powered price predictions to sharpen their forecasting accuracy, bolster market insights, and detect trends. This emphasis on price prediction integration is designed to enhance DeFi offerings and improve the user experience. Together, we are committed to driving technological innovation and establishing a more intelligent and interconnected decentralized financial ecosystem.

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