We have been listening to the suggestions and feedback from our community regarding the UI and overall experience on yAI.finance. We aim for continuous improvement and we are introducing several new features on yAI.finance including a Liquidity Mining vault on the Binance Smart Chain, an optimized mechanism for providing liquidity, a real-time reward count, dark mode interface, and a personal portfolio.
1. Liquidity Mining vault on Binance Smart Chain
We are seeing an increased volume for the ORAI/ETH pair on PancakeSwap with more and more users using the Binance Smart Chain network. In order to grow our community and provide more options to them, we decided to enable a Liquidity Mining vault on Binance Smart Chain with a 45% APR, same as on Ethereum network.
Users can provide liquidity directly on yAI.finance and then deposit the Cake-LP on the same interface. Note that you need to switch to the Binance Smart Chain.
- How to switch to Binance Smart Chain: https://www.youtube.com/watch?v=TJEGEOAqaP0
- How to provide liquidity on BSC: https://www.youtube.com/watch?v=XodlGU48ZIs
Ethereum is selected by default in yAI.finance, just click on the button to access Binance Smart Chain (remember to add Binance Smart Chain as a network and get ORAI BEP20 tokens).
2. Optimized Liquidity Provision Mechanism
Some of our community members reported issues in relation to the rewards part of the liquidity mining program. We have been working on ways to fix those issues from the route cause as we aim to provide the best experience possible. We have optimized the system by following industry standards and simplifying the experience. The new system breaks down the current system in 2 parts:
- Get UNI-V2 LP or Cake-LP tokens
- Stake UNI-V2 LP or Cake-LP tokens to earn rewards
Current users of the Liquidity Mining vaults are required to deposit their UNI-V2 on the new vaults before 30 days (rewards will stop when the current reward cycle completes).
- How to provide liquidity on Ethereum network: https://www.youtube.com/watch?v=1GGZ2oOCRRw
3. Real-time reward count
In order to provide clarity on the accrued rewards for the ORAI Staking Vault and the Liquidity Mining Vaults, we added a real time reward counter for each vault: “Pending claimable reward”. The counter is refreshed every 5 seconds.
4. Dark mode
Dark mode is better for your eyes in low-light environments and is probably one of the most popular features in the modern user interfaces. We have enabled dark mode by default.
5. Portfolio
A personal dashboard that helps you track all the cryptocurrencies in your wallet in one single place and in an automated and simple way: https://yai.finance/portfolio
About Oraichain
Oraichain is the world’s first AI-powered oracle and ecosystem for blockchains. Oraichain data oracle platform aggregates and connects Artificial Intelligence APIs to smart contracts and regular applications. Founded by Dr. Chung Dao, Oraichain’s mission is to be the portal between AI and blockchain technologies, serving as a foundational base for the creation of a new generation of smart contracts and Dapps leveraging AI, aiming to revolutionize the Artificial Intelligence, DeFi, and Blockchain industries.
Unlike regular oracles using raw data, Oraichain’s AI oracle uniquely uses AI APIs to process and create data on-the-fly via virtual machines on smart contracts. Data quality, reliability and security are enhanced by using test cases, which help to avoid intermediaries, increase trust and open up unprecedented application functionalities.
Beyond data oracles, Oraichain interconnects Artificial Intelligence and Blockchain technologies. With AI as the cornerstone, the Oraichain ecosystem contains an AI marketplace, a Data & Request Hub, Publisher Service, Training Service, and Dapp Hosting.
Oraichain network provides the infrastructure and consensus mechanisms for Blockchain and AI training. These interconnected ecosystems accelerate the development of Web3, DeFi, enterprise and academia applications. yAI.finance is the first use case of Oraichain, a DeFi platform using unique AI-based features and strategies. Oraichain AI Marketplace offers AI products and APIs with the goal of becoming the one-stop-shop for Artificial Intelligence services.
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