IQ GPT Chatbot, the top AI assistant for cryptocurrency and blockchain, has been incorporated into BladeSwap, a rapidly expanding veDEX operating on Blast_L2. This strategic merger is intended to elevate the user experience on BladeSwap by harnessing advanced AI features. BladeSwap, which was launched in March 2024 on the Blast network (Ethereum Layer2), is a ‘veDEX’ that offers native yield opportunities for ETH and stablecoins. The platform returns 100% of its fees to token holders and utilizes governance voting for emissions.
BladeSwap simplifies decentralized exchange (DEX) usage with native batch transactions and bundling actions to save time and reduce gas fees. Its smart split router minimizes price impact, ensuring efficient trading. The platform maximizes user profits through three yield mechanisms: L1 staking on ETH, T-bill yield on USDB, and gas revenue sharing. Contracts on BladeSwap are optimized to take advantage of these opportunities.
Tokenomics and Governance
BLADE tokens reward BladeSwap liquidity providers. Converting $BLADE to $veBLADE is a permanent action, effectively reducing the circulating supply. $veBLADE serves as BladeSwap’s governance token, which can be exchanged back to $BLADE at market rates through the liquidity pool. Unlike NFTs, $veBLADE ensures a dynamic supply management system, with ecosystem and team allocations locked in $veBLADE.
The incorporation of IQ GPT Chatbot into BladeSwap introduces the platform’s first AI assistant for blockchain knowledge. Developed by BrainDAO, IQ GPT Chatbot represents decentralized AI, aiming to provide users with comprehensive support and insights. BrainDAO is also developing IQ Code, an AI designed for intelligent contracts, indicating a forward-thinking approach to integrating AI into blockchain technology. The integration of IQ GPT Chatbot into BladeSwap marks a significant enhancement in the cryptocurrency trading experience. By combining advanced AI capabilities with efficient DEX operations, BladeSwap continues to innovate and maximize user value.