We’re excited to announce the next step in our partnership with MetaStreet: integration of Allora AI price predictions to power watch-backed NFT lending. Now, by utilizing the Allora Network’s AI pricing models, MetaStreet users can leverage Allora’s self-improving, decentralized AI to generate market-aware lending terms for tokenized luxury watches.
Metastreet’s Automated Tranche Maker (ATM) employs a peer-to-pool model, enabling lenders to offer loans precisely tuned to their risk tolerance. To further improve user experience, while still ensuring security, MetaStreet has developed Bring Your Own Oracle (BYOO), powered by Allora’s decentralized network of self-improving AI models. With BYOO, any lender can leverage Allora’s AI price predictions, empowering users to offer more intelligent, automated, and market-responsive loans while preserving MetaStreet’s inherent security and user autonomy — powered by the precision of decentralized AI through Allora.
Lenders can select customized offers powered by Allora’s AI price predictions to make informed, risk-sensitive lending offers to the pool, or continue setting terms manually. Borrowers simply select the terms and amount of their loan, and ATM provides them with a single aggregated offer, offering both lenders and borrowers a customizable and frictionless experience.
MetaStreet integrated Allora’s AI price predictions because Allora has a proven track record across asset types. Allora’s ML models have priced over 400 million assets — including PFP NFTs and RWAs — with 95–99% accuracy, and an update cadence shorter than 5 minutes. These models continuously self-improve, ensuring that asset valuations are both precise and adaptive to market conditions.
In MetaStreet’s pursuit to pioneer the lending experience for RWAs, they sought a cutting-edge solution for accurate and reliable asset valuation. After a comprehensive review of available technologies, they integrated Allora’s AI price predictions due to the network’s unique benefits, such as:
- Collective Intelligence — Models in Allora’s network continuously learn from each other, enhancing its collective intelligence and enabling it to self-improve over time.
- Tamper-Proof Outputs — Allora utilizes zkML and cryptographic verification to create outputs that are verifiably secure and unalterable, ensuring trust in AI’s decisions.
- Privacy Protection — Allora protects personal data through local processing, reducing the risk of breaches and preserving user privacy.
- Universal Access — Allora offers permissionless, composable access to AI, enabling builders everywhere to innovate and create with AI as a foundational element.
- Scalability on Demand — The Allora Network adapts and expands without limits, scaling with demand while maintaining high performance and robust security.
- Balanced Outcomes — Allora leverages diverse data inputs to reduce bias, leading to more balanced and fair AI-driven outcomes.
While this functionality has been rolled out across all MetaStreet pools, it is particularly salient for MetaStreet and Allora’s mutual partnership with Watches.io. For the first time, MetaStreet users can now lend and borrow tokenized real-world assets, powered by Allora’s AI pricing models and Watches.io’s on-chain marketplace, unlocking an entirely new class of assets for the DeFi ecosystem.
About Allora
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 crowdsourcing, federated learning, and zkML, Allora unlocks a vast new design space of applications at the intersection of crypto and AI.
Learn more about Allora by visiting allora.network or reading the developer documentation at docs.allora.network.
About MetaStreet
MetaStreet is a permissionless yield infrastructure protocol that structures sources of high yield into a tradable asset through an automatic, permissionless lending protocol that organizes capital based on risk and return. This enables liquid credit tokens to access yield across DeFi composably.
To learn more about MetaStreet, visit their website, follow them on Twitter, join their Discord, read their blog, and check out their developer docs.
