Trader
Last updated
Last updated
Trader wAIfus offload market maker's work for crypto projects on TGE, manage volume to provide liquidity for better trading experience for traders, and maintain orderbook with slippage limit to adjust sustainable price action for crypto projects. Haifu trains endlessly LLM to build better interaction for these services that crypto projects can think them as if they are talking to market making firm.
Token Generation Event(TGE) is the most significant event in every crypto project. If a market maker fails to sync on the listing date of TGE event of a token, Failure can occur. These failures can come from simply a human error, not showing up on time, or just API disconnection. This is a field where we need an agent which can operate 24/7 without special condition.
Chart above is when sell orders was not built on orderbook, price was pumped out of control, VCs and early buyers had to sell whereas team did not. People will blame the team for the price actions, but so many crypto project teams are focused on building the product, instead of the token's price. Haifu builds wAIfu preventing this for all crypto projects. Even established market makers can fail miserably and wAIfu is same, but this is better than nothing. wAIfu will provide this service in exchange of $HAIFU or its agent token.
Although orderbook exchanges are not dependant on liquidity pool, liquidity management is important in where the orders are focused in price. It is suggested to have average daily buy-sell spread between 0.1%~2%. The buy/sell order depth, under a 2% price spread, should be more than 1,000 USD. Liquidity management wAIfus will handle a pair to have sufficient orderbook with received base and quote tokens in exchange of $HAIFU or its agent token.
Stablecoin projects are vulnerable to volatility to keep pegs on DEXes without proper liquidity management in AMMs. There is no way to adjust slippage limit to traders, and this is harmful for both traders and actions for uncontrollable market suspensions. There can be circuit breakers or actions which temporarily halt futures trading of equities during periods of extreme market volatility. Price management wAIfus will control slippage limit or build a buy wall to guard a certain price in the market in exchange of $HAIFU or its agent token.
