There are a lot of functions that @oraichain is bringing to Web3 with its AI feature that hasn't been heard of before in the space.
One of which is the use of flexible smart contracts using face authentication.
Yes, you heard that right. You can use your face to interact with smart contracts on Oraichain.
How cool is that? 😎
What are the benefits of #Oraichain's face authentication?
This feature will be useful in the following ways:
- Using your face to get your balance instead of using a private key.
- Withdraw using your face.
- Using your face to reset your private/public key pair.
- Using both your private key and face to execute a smart contract.
Using face authentication might be riskier than a private key, but it helps increase user experience.
In cases of checking balance and withdrawing tokens to registered wallets, face authentication is safe and convenient.
Imagine being able to access your funds with just a smile.
No more hassle of remembering or storing your private keys. No more fear of losing or compromising them.
Of course, you can still use your private keys if you prefer.
@oraichain gives you the option to choose how you want to interact with smart contracts.
🔥 Do you want to stake your $INJ tokens and earn rewards from both @Injective_ and #DeFi platforms at the same time?
If yes, then you need to check out liquid staking on Injective with @stride_zone , a new and innovative #LSD protocol.
Here's why:👇🏼
🫧 Liquid staking is a process that allows you to stake your $INJ tokens on Injective and receive $stINJ tokens, which are synthetic tokens that represent your staked $INJ.
You can then use #stINJ tokens in various #DeFi applications to earn yield, trade, lend, borrow, or vote
Liquid staking is important for $INJ because it enhances the utility and value of the token in several ways:
- It enables you to earn rewards from both staking and #DeFi activities without sacrificing security or liquidity.
🐕 Woof woof! Have you heard of KibbleSwap? It's one of the top decentralized exchanges on #Dogechain with the most locked-up liquidity!
🌉 KibbleSwap was one of the first #DEXs to provide support for bridged stables on the #Dogechain ecosystem, enabling both Synapse and #Multichain bridgeable assets!
💰 Not only does KibbleSwap provide high liquidity and popularity, but it also offers community farms where liquidity providers can earn $KIB tokens as a reward.
And guess what? $KIB is a deflationary token!
🗳 $KIB is also a governance token that can be staked to earn.
Ever imagined what yield farming with #OrAI would be like? Well, there you have it; AI Yield Farming!
Yield farming using AI services on @oraichain (yAI) is a novel way to earn passive income by providing liquidity and data to AI-powered smart contracts.🧵
yAI is a protocol that allows users to create and deploy AI-powered smart contracts on Oraichain, a data oracle platform that connects AI APIs to blockchain.
Users can provide liquidity to these smart contracts by staking $ORAI tokens, the native currency of #Oraichain.
By staking ORAI tokens, users can earn fees from the AI services that are consumed by the smart contracts.
For example, if a smart contract uses an AI API to generate text, image, or video, the user who staked ORAI tokens will receive a portion of the fee paid by the...