Fyde Weekly Recap

Published on March 8, 2024 · Reading time 2 minutes · Created by Fyde Labs

From product development to entering the AI space to new all-time highs, here’s the scoop from this past week at Fyde.

Audits are HOW MUCH?

We’re laughing and crying a bit as we undergo another round of audits for new features while upgrading the protocol! This upgrade aims to cut gas costs for users, introduce positive incentives, and more. As always, our priority is ensuring that user funds are SAFU. Stay tuned for more details on these enhancements!

AI AI AI

AI is everywhere, and now it’s in the Fyde Vault too! We’re excited to have partnered with our first AI project, enqAI, and to see how the vault can support them in the long run. Just as we advocate for a decentralized financial system, we believe in decentralized and democratized AI. We’re proud to support the team building a decentralized language model (LLM).

OMG Have You Seen $TRSY?

$TRSY continues to reach new all-time highs, now up +68% this year alone. It’s outperforming most of the crypto market, including Ethereum and many ERC-20 tokens (except for $PEPE, of course). Remarkably, $TRSY is achieving this with less volatility than Metaverse, DeFi, and even Ethereum — showcasing the power of diversification.

That’s all for this week. Catch you next time!