EveRyDay @RyDay_

Hello MULTI/DEX 🔥 Should DFINITY release the most powerful DeFi application the world has ever seen? What's cool about it? Here are some factoids, the craziest at the end: 1. It runs on an ICP cloud engine (soon everyone can have one) and is 100% network resident and tamperproof. 2. It is genuinely multi-chain, with no bridging hassles for users (users can deposit straight into their accounts, and withdraw directly, from the native chains of tokens). 3. It is order book based, but also provides a traditional swap interface, which swaps arbitrary assets by routing across the underlying markets. 4. It supports both spot trading, and margin trading that lets traders go long and short with leverage. 5. It has an AMM (Automated Market Maker) that uses Internet Computer outcalls to determine outside prices, then delayed matching against AMM limit orders to prevent arbitrageurs draining liquidity, as can occur with traditional DEXs providing swaps. 6. The AMM maintains a unified liquidity vault, and doesn't need two liquidity pools for every trading pair, providing outstanding capital efficiency and liquidity compared with traditional DeFi systems. 7. Users can earn by depositing into the AMM Vault, and into an insurance pool that protects the vault from margin calls that fail to recover all capital (the insurance pool gets 5% of all liquidations). 8. MULTI/DEX runs on the decentralized Internet Computer network, and is 100% open source — unlike HyperLedger, say, which remains closed source, and has an single-purpose architecture closer to federated CEX hosted on a symmetric cluster of federated servers. 9. If we go ahead, we would propose that MULTI/DEX runs as part of the Internet Computer, in the sense it is controlled and updated by the NNS (The Internet Computer's Network Nervous System, the world's largest and most sophisticated DAO, which directly orchestrates and updates the network) providing unparalleled levels of autonomy, transparency, and security. 10.... and this is the BIG ONE... its backend is built using the latest Motoko language framework (soon to be released) that puts AI *inside* of its software. That means, in another seminal inventive step from DFINITY and Caffeine Labs technology teams, that AI can see, browse and query the realtime data inside the app/dapp's persistent memory and can create and execute ad hoc queries and update logic on-the-fly (subject to permissions). So, while for much of the time traders will be using the traditional UX shown in the pic, increasingly, they will be interacting with the exchange through AI chats that have the "Internet Computer Connector" MCP installed (soon to be released). On the one hand, traders will be able to use chat to ask for simple things, like current spot pricing and market depth, and the likely slippage on a spot market order, and for orders to be submitted, but on the other, for much more demanding things that require the AI to execute ad hoc functionality, such as "Look at my positions and margin pools, and rebalance them to give me more blended market exposure, while also adjusting for risks indicated by social media coverage of forthcoming market events, but wait for my approval of your plan before proceeding." This is a lot to take in, so I'm aiming to get a new demo video out ASAP that will demonstrate what's possible with this AIware, which will include MULTI/DEX — should be about a week!! Btw. for those wondering what might be the big picture beyond what I just described with MULTI/DEX: At DFINITY, we are in the process of transforming ourselves into an "agentic organization," where all our existing apps/SaaS is replaced by custom on-demand apps/SaaS running on cloud engines that are created and updated by AI. Of course, these on-demand apps/SaaS are being built using the new technology described that automatically puts AI inside and provides users with fluid functionality via chat. The totality of the apps/SaaS represents an enterprise "World Model," which incorporates as much of the enterprise's data as possible, enabling AI to perform incredibly powerful analyses and actions — when you see this is in action, you can't unsee what you saw, because it's clearly a huge leap beyond the status quo of today's tech, which is exactly what the Internet Computer project is about. This wraps up our new technology stack, created by leaning on unique aspects of "The Network is The Cloud" paradigm, and years of work, and what, together with cloud engines, will finally enable the Internet Computer to strike out into the massive mainstream cloud technology market.

@dominic_w Imo this should be top on the to do list. Get it done ASAP.

@dominic_w Best news ever dom. This may be the actual catalyst that will have everyone shift to $ICP. Defi is the way to go. Should have been done long ago.

@BobbyO_ Lmao Bobby loved when you said “fucking Pakistan” hahaha

@OWHistory @MGDVideos We have them, there is no coin without MMs. You think the pump we had yesterday was organic? Nothing is organic when there is perps attached to it. MMs play on news and choose which tokens to pump/dump.

@DfinityToday 1-0 Morocco

@BobbyO_ @IOHK_Charles Great job bobby. Loved the video. The guy clearly plays on emotion especially with that tone of his.

@Cardanians_io There’ll be a time when you wished you sold at $0.16c . It’s funny how Charles makes millions brainwashing scumbags like yourself.

@niroshan682 I thank god for a brain for real. Cant believe there are people like you who are this insanely brainwashed

@dragonisnear @BobbyO_ @ilblackdragon Nobody will debate you bobby. It just shows this shit show is all built on hype. Price moves up they show up from their caves. Thats all there is to it. Dont waste your time with these folks

@jerrybanfield Oh man when this happens ill be celebrating 🥳

Vvccc

@ADA_AFTER_DARK @IOHK_Charles @BobbyO_ i cant stop laughing reading these comments. CH should be in jail for all the brainwashing lies he’s doing.

@JureKaramarko What usecase does cardano offer from other L1s. Let’s see it. What makes cardano unique.

@JureKaramarko You are too emotional and that won’t work out for you. I think you should talk more tech stuff not lets “hold hands” that makes you no money.

@JureKaramarko Brainwashed idiot. I swear i feel sorry for your sorry ass. No brain what so ever

@PartyhatsICP $ICP should decouple from the rest of the market. When you say BTC 250k, SOL 1k and ICP $500 it just shows it going with the market flow. #ICP needs to run on its own. If it’s not then it will just be like any other coin.

@dangambardello @M43681591 And using AWS is web3 now? Vulnerable to hacks to downtime. Come on dude. Just by that should let you ignore $SUI

@dangambardello I remember when cardano was over $1 and this guy kept saying its institutions buying. With all these followers i sure hoped you would back up what you say with proof. But i guess hyping is just a thing you guys keep doing. Its really sad

Bro its all the same BS narratives given out like every other L1. Every L1 says they are different but its all the same shit. So many tokens ada night hydra. So many dependencies. Its just an extraction and a money grab. I recommend you watch this video when you have time. x.com/bobbyo_/status…

Cloud Foundation ☁️ @BobbyO_

7 months ago

🔴 L1s ARE ON A PATH TO NOWHERE CARDANO EDITION | FIRST PRINCIPLES Why is the industry continuing to create overly complex systems - when a more secure, fully onchain model is available? A Cloud Foundation Production ☁️📽️ $ICP $ADA $CLOUD ☁️♾

29 94 318 25K 28