BladeSwap, a rapidly growing veDEX built on Blast_L2, has recently integrated the IQ GPT Chatbot, a leading AI assistant for crypto and blockchain. The goal of this strategic integration is to improve the user experience on BladeSwap by harnessing advanced AI capabilities. Launched in March 2024 on the Blast network (Ethereum Layer2), BladeSwap 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.
The platform’s tokenomics and governance are centered around BLADE tokens, which reward BladeSwap liquidity providers. Converting $BLADE to $veBLADE is a permanent action that effectively reduces the circulating supply. $veBLADE serves as BladeSwap’s governance token and 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 integration 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 and aims to provide users with comprehensive support and insights. BrainDAO is also working on IQ Code, an AI designed for intelligent contracts, demonstrating a forward-thinking approach to integrating AI into blockchain technology. The integration of IQ GPT Chatbot into BladeSwap represents a significant enhancement in the crypto trading experience, combining advanced AI capabilities with efficient DEX operations and continuing to innovate and maximize user value.