The AI-powered DeFi platform ArrayFi officially launched on May 27

ChainCatcher news, at the "Bridge Web3" event hosted by the DeFi platform ArrayFi, ArrayFi CMO Jim Andy announced that ArrayFi officially launched on May 27.

The core module of ArrayFi is a currency system supported by AI algorithms. Users who stake ARA will lend stablecoin USDR, with a value ratio of 4:1 between the two. 90% of the staked funds will go into the secure vault of ArrayGo (ArrayFi's self-developed AI algorithm) to maintain the bottom price of ARA, while the remaining 10% will be injected into the LP pool for market price discovery. ARA adopts a fair issuance mechanism, with no seed or private placement rounds, and no upper limit on total supply. The use cases for USDR include applications such as ArrayFi's partner social e-commerce Liza, its lucky spin game, and prediction platforms. (source link)