Allora Network Integrates With Monad to Boost Decentralized Application Development
Allora is collaborating with Monad, the most performant EVM-compatible, Layer 1 blockchain, to integrate and expand access to our network of AI inferences and collective intelligence. Monad has pioneered advancements in scalable, secure, and efficient computing solutions. Their commitment to fostering open collaboration and innovation aligns with Allora’s mission in building the future of decentralized AI.
Allora will be integrating its network of advanced aggregated AI models with Monad, allowing developers to build and deploy decentralized applications that leverage new AI-driven features, such as:
Intelligent AI-Powered Yield Strategies: High quality forecasts for primitives such as price, volatility, liquidity depth, volume and interest rates can be utilized to create highly sophisticated, dynamic yield strategies for uses cases such as automated liquidity provisioning, leveraged farming, directional or delta neutral trading strategies, dynamic fees and more.
Real-Time Risk Management: Allora aggregates multiple risk management AI models to enable the next generation of risk management measures to be conducted actively in real-time. This enables protocols building on Monad to not only minimize risk, but also provide more friendly user experiences through features such as dynamic loan-to-value ratios, dynamic liquidation factors, unified liquidity, and the ability to automatically hedge against downside.
Price Feeds for Long-tail Assets: The Allora Network provides the opportunity to retrieve real-time price feeds for long-tail assets, illiquid assets and inefficient markets such as small-cap tokens, NFTs, RWAs, carbon credits and real estate markets. Artificial intelligence on the Allora Network can employ sophisticated techniques, such as upsampling, to create highly accurate real-time price feeds for this historically challenging class of assets.
About Monad
Monad is a high-performance Layer 1 blockchain designed to scale decentralized applications without compromising on security or decentralization. It is EVM-compatible, allowing developers to deploy existing Ethereum smart contracts while offering unprecedented performance with 10,000 TPS and 1-second block times. Monad’s innovative architecture enables it to achieve high transaction speeds and scalability, making it an ideal platform for developers looking to push the boundaries of decentralized applications.
To learn more about Monad, visit their website, X, Discord, Telegram, and developer docs.
About the Allora Network
Allora is a self-improving decentralized AI network.
Allora enables applications to leverage smarter, more secure AI through a self-improving network of ML models. By combining innovations in crowdsourced intelligence, reinforcement learning, and regret minimization, Allora unlocks a vast new design space of applications at the intersection of crypto and AI.
To learn more about Allora Network, visit the Allora website, X, Blog, Discord, Telegram, and developer docs.
