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Can AI Transform Crypto Staking? AI-Powered Staking on MOSDEX

Published 02/24/2023, 08:45 AM
Updated 02/24/2023, 09:00 AM
© Reuters.  Can AI Transform Crypto Staking? AI-Powered Staking on MOSDEX

Artificial intelligence (AI) has the potential to transform every industry, and blockchain is no exception. Some experts believe that AI and blockchain could have important synergies, where one amplifies the other.

One area where AI is already transforming crypto is trading. AI can analyze an enormous amount of data and find trends in a way that compliments human traders. By making trading more efficient and scalable, AI can theoretically offer better returns to investors.

One area where AI is already making an impact is in arbitrage staking. In simple terms, its AI bot finds profitable price discrepancies across exchanges and DeFi liquidity pools. The bot then makes the trade and pockets the difference, improving liquidity in the process.

To explore the potential of AI in trading, DailyCoin talked...

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