GateLive AMA Recap-0xGen

Q1: Introduce yourself and your projects!

Thank you Marina for having me here today. Hello everyone, I’m Maison, the marketing lead at 0xGen. I’ve been in the Web3 space for the past four years, mainly focusing on marketing and also business development. I’m excited to be here today to share more about 0xGen with all of you.

0xGen is a cutting-edge AI-driven DeFi platform that combines AI with user intent to make transactions easier. Our platform features open-source LLM and DeFi trading algorithms to provide advanced DeFi solutions. Some of our key features include:
~ Advanced DeFi solutions like swaps, cross-chain swaps, and AI-driven trading signals.
~ Optimized user experience using AI and ML for the best trading routes.
~ Strong security features with continuous testing and user data protection.
~ Widgets and SDKs for developers.
~ Rich features for Web3 users, including trading rewards and other incentives.
We are currently having our LBP at FjordFoundry. Ok, what is LBP? LBP stands for Liquidity Bootstrapping Pool, We have chosen to launch using a LBP due to its unique ability to create a fair and decentralized token distribution.

Unlike traditional methods, LBPs help mitigate the risk of front-running and price manipulation by allowing the token price to start high and decrease over time, thus discouraging immediate speculation and encouraging broader participation.Users can buy in batches within a price range you consider appropriate, to average out the cost.

Q2: What sets 0xGen apart from other DeFi platforms?

0xGen stands out through its integration of AI and Large Language Models (LLMs). Unlike traditional DeFi platforms, 0xGen doesn’t just handle transactions; it enhances the user experience by leveraging AI to understand and adapt to user intent. This ensures optimal trading routes and outcomes.

We aim to create more than just another DEX or DeFi platform. Web3 can be intimidating for newcomers, and we want to offer an easy-to-use platform that anyone can navigate. By using AI and LLMs, we can identify what users want to do and help them complete their transactions seamlessly.

For example, if a user wants to swap assets on Arbitrum and Optimism for Matic on Polygon, they can simply say, “Help me swap assets on Arbitrum and Optimism for Matic on Polygon.” Our LLM breaks this down into steps: recognizing the assets in their wallet, finding the best exchange rates across bridges and DEXs, and uting the transaction via the optimal route.

Q3: How does 0xGen ensure security for its users?

Security is very important to 0xGen. We test our platform thoroughly and use advanced security measures to protect user data and assets. We also keep an eye on things and update our regularly to guard against any threats.

We’ve made sure our aggregation feature works well by using open-source APIs from different projects. Before going live, we do a lot of testing, and after launch, we monitor each API to prevent any problems. This ensures a secure and smooth experience for our users.

Q4: How can developers contribute to 0xGen’s eco?

They can use our open-source AI algorithms and LLM through our SDK to create new solutions or improve existing ones. We provide an open SDK so developers can access and use all the features on our platform. Soon, we’ll also open up our AI and LLM for use, and developers can help us train them as well. This way, they can contribute to our platform’s growth and add new features and functionalities.

Q5: What benefits do XGN token holders enjoy and how does 0xGen support and reward traders?

XGN token holders enjoy several benefits within the 0xGen eco. They can take part in the DAO, where they collectively shape the project’s future. Plus, they can use XGN to train their AI trading assistants, access premium features, stake for fee discounts, and even earn rewards for helping the platform grow.

We allocate 41% of our tokenomics to the community, which includes various incentives like staking rewards, eco contributor rewards, and rewards for users who utilize 0xGen.

Users can also participate in our regular trading events to earn rewards. We appreciate constructive feedback, so users who offer valuable suggestions can receive rewards too. And for developers who integrate and use 0xGen, there are rewards available as well. If anyone wants to learn more about the 0xGen eco or development, they can reach out to us anytime.