An artificial intelligence (AI)-powered decentralized application is a platform that utilizes generative AI tools to produce cheaper transactions and more accurate platform performance. 

Recently, a DeFi app called Sharpe has joined Google’s AI Startup Program, a strategic initiative by Google to support startups specializing in AI, nurturing them to transform industries through AI innovations.

“Our flagship product, SharpeGPT, will harness the power of Google’s advanced generative AI and the capabilities of Google’s Palm 2 to improve its performance. This collaboration will help improve Sharpe’s AI models and deliver superior solutions for crypto-related generative AI and language processing tasks,” the developers said in an interview. 

Aside from its promising move to integrate AI and blockchain technologies for better quality, it is also launching its own token. Does this mean that an airdrop is coming? 

Sharpe Introduction

Sharpe (https://app.sharpe.ai/) is a layer-2 DeFi protocol that seeks to build composable- and capital-efficient products that would enable its users to earn the maximum yields.

According to its team, they are targeting to build “key middleware infrastructure” for asset management by creating different investment strategies from combined multiple primitives and protocols. 

“Sharpe is an AI-powered crypto super-app designed for professional traders, offering a unified platform for intelligence, investing, and automating digital assets. With over 70,000 users in just two months since its launch, Sharpe is the fastest-growing super-app in crypto,” the protocol promoted. 

Basically, Sharpe leverages a “multi-strategy approach” to create on-chain investing strategies that utilize AMMs, leveraged yield farming protocols, options, futures, and fixed-income products to generate the highest possible yields for its users. 

“Our enterprise-grade non-custodial SuperApp is designed specifically for DeFi power users, trading teams, and institutional investors combining sophisticated yield strategies, optimal trade execution, and reinforced leverage within a secure, user-centric UI,” Sharpe explained.

“The inclusion of customizable and automated solutions, along with auditability and API integration, makes Sharpe a versatile and powerful go-to middleware in the institutional DeFi space.”

As a platform, it enables users to take leverage and customize their leveraged positions. As of this writing, its leverage liquid staking (LST) strategies are live on Lido and Rocketpool on Arbitrum, and a promise to launch on Optimism.

“Sharpe is an advanced DeFi execution environment for yield earning strategies and executing on-chain trades with a high level of customization to suit trader’s risk appetite and return expectations. It’s equipped to handle complex DeFi operations, providing a secure and efficient environment for users,” the team concluded. 

$SHARPE Airdrop

In December 2023, the team introduced the Sharpe Points Program in line with its $SHARPE airdrop campaign.

The tokenomics of $SHARPE emphasizes that out of the one billion total supply, a five-part airdrop campaign will be hosted:

• Epoch 1: This aims to reward early adopters and active community members.
• Epoch 2: This aims to reward sustained engagement and to welcome new members into the community.
• Epochs 3 to 5: This aims to reward those who engage in community activities, development projects, and governance.

Last month, the team confirmed the start of Season 1. To join:

• Step 1: Go to https://earn.sharpe.ai/. 
• Step 2: Create an account (1,000 points). 
• Step 3: Invest in:
  • Lido stETH
  • Rocketpool rETH
  • Coinbase CBETH
  • Note: Each dollar invested corresponds to 1 point.
• Step 4: Engage with the Sharpe app to earn more points.

“The Sharpe Points Program offers community members a unique opportunity to earn early rewards and enjoy exclusive benefits. Use this phase to maximize your participation and rewards. Sharpe is committed to rewarding your engagement,” the team promoted. 

“Start your investment journey and begin accumulating Sharpe Points for the Season 1 Airdrop today!”

This article is published on BitPinas: ‘AI-Powered Superapp’ Sharpe Launches Points System for Five-Part $SHARPE Airdrop

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