Crypto infrastructure company Validation Cloud announced Tuesday the debut of Hedera-based AI engine Mavrik-1 that allows users and developers to gain DeFi market insights by asking questions in plain English.
Despite DeFi’s promise in transforming finance, its complexity has long hindered widespread adoption. For DeFi users, the learning curve is steep, requiring knowledge of complex terms such as liquidity mining, impermanent loss, and staking. Many DeFi platforms necessitate user interaction with command-line interfaces and intricate web applications.
With Mavrik-1, users can ask questions like “Which trading pairs have the largest spreads, and which stablecoin has the highest on-chain transaction volume?” Imagine conversing with your personal AI advisor.
The ability to seek information through natural language queries represents a democratization of data analysis and signifies a shift in how investors engage with blockchain protocols.
“This is a pivotal moment for the Hedera ecosystem,” said Viv Diwakar, Chief Information Officer at Hedera Foundation, in a press release shared with RialCenter. “Validation Cloud’s Data x AI platform brings an entirely new way to engage with blockchain data. It’s a novel experience that unlocks usability and insight for builders, enterprises, and users in our ecosystem.”
Validation Cloud is the AI platform powering Web3 finance, delivering products across Data x AI, Staking, and Node API.
Mavrik-1 is deeply integrated with Hedera-based DeFi applications, such as hUSDC, Karate Combat, and other leading DeFi applications. It is specially trained for blockchain environments, ensuring contextually relevant responses to queries.
“We built Mavrik because you shouldn’t need a PhD in Web3 to access and understand what’s happening on-chain,” said Andrew McFarlane, CTO of Validation Cloud. “By surfacing real-time intelligence in natural language, we’re making Web3 accessible to everyone.”
The launch on Hedera is just the first step, followed by integrations with other blockchains and a full public rollout, dubbed Mavrik 2, later this year.
Hedera debuted in 2021 as a leaderless proof-of-stake network with aBFT hashgraph consensus. The Hedera Foundation supports the development of the Hedera ecosystem through grants and expert assistance for decentralized applications across DeFi, NFTs, and more.
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