Business News Report
July 13, 2023

NFA Labs Unveils AthenaGPT, AI-based Trading Model for DeFi

In Brief

AthenaGPT created by NFA LAbs conducts effective trades across a wide range of cryptocurrencies.

Leveraging its AI capabilities, Athena employs smart and efficient trading strategies to optimize performance.

athenagpt

A new tool has appeared in the financial AI space: AthenaGPT from NFA Labs’ research and experiment program. AthenaGPT combines neural networks and deep learning to revolutionize trading in emerging decentralized finance. NFA Labs is a project advancing DeFi with artificial intelligence and deep learning.

AthenaGPT promises to deliver a range of benefits to its users. It excels in efficient and intelligent cryptocurrency trading. Leveraging its AI capabilities, Athena conducts effective trades across many cryptocurrencies. Moreover, Athena’s algorithms construct robust portfolios that promote consistent growth and deliver favorable returns. Finally, to manage risk effectively, it uses a combination of Alpha, Beta, and Gamma strategies to ensure investments are diversified and maintain a well-balanced risk profile for investors.

athenagpt
AthenaGPT dashboard. Source: NFA Labs

The three distinct neural strategies leverage different data types and algorithms to optimize trading performance and profitability.

The first strategy, Alpha, combines quantitative and qualitative inputs to analyze and exploit price movements. Alpha adopts an index-centric approach that can trade across unlimited tokens and exchanges. It learns and improves continuously, mimicking human decision-making without the limitations of fear, uncertainty, or doubt. Alpha is suitable for those who prefer a lower risk and lower leverage profile.

The second – Beta – is an economic weapons testing program that uses neural and deep learning-based AI to counter market manipulation by malicious centralized entities. Beta is adaptable and flexible, adjusting its risk and leverage levels according to market conditions. The strategy is suitable for investors seeking variable returns and willing to take medium to high leverage.

Gamma, the third strategy, is a refined deep-learning protocol designed to eliminate human error. It learns and evolves constantly to trade efficiently and ingeniously, 24/7, 365 days a year. Gamma is for investors who look for high-frequency trading with medium risk and variable leverage.

Read more:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].

More articles
Agne Cimerman
Agne Cimerman

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Join Our Innovative Tech Community
Read More
Read more
Ripple And Evmos Collaborate On Developing XRP Ledger EVM Sidechain With EvmOS Technology
Business News Report Technology
Ripple And Evmos Collaborate On Developing XRP Ledger EVM Sidechain With EvmOS Technology
May 14, 2024
5ireChain Initiates Incentivized ‘Testnet Thunder: GA’ For Network Stress Testing, Invites Users To Participate For Airdrop Rewards
News Report Technology
5ireChain Initiates Incentivized ‘Testnet Thunder: GA’ For Network Stress Testing, Invites Users To Participate For Airdrop Rewards
May 14, 2024
Stacks Partners With Uphold To Facilitate Seamless Asset Trading And Transfers, Bolstering Bitcoin Adoption
Business News Report Technology
Stacks Partners With Uphold To Facilitate Seamless Asset Trading And Transfers, Bolstering Bitcoin Adoption
May 14, 2024
Bitlayer’s X Account Suspected Of Being Under Attack, Users Advised To Be Wary Of Phishing Links
News Report Technology
Bitlayer’s X Account Suspected Of Being Under Attack, Users Advised To Be Wary Of Phishing Links
May 14, 2024