May 17, 2024: Llama Party feat. Gemach 🦙🥳
Join Livestream Chat at 7 AM PT / 10 AM ET / 2 PM UTC
Grab your favorite beverage and prepare to join this week’s Llama Party, live at 10 AM ET / 7 AM PT, featuring Gemach — streaming live to YouTube and 𝕏!
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Gemach
For the unfamiliar, Gemach describes themselves as “a DAO of experts sharing tools & knowledge to generate alpha in DeFi.”
Specifically, they’ve built and shipped some seriously big-brained AI on-chain trading agents and companions: interest free loans, index funds, and sniper bot… all of which are self-custodial.
You may have read about the project in Forbes (!)
One of their first products was Decentralized Autonomous Trading Agent (D.A.T.A.)
Per their launch post, D.A.T.A. uses AI-driven autonomous agents to analyze market data, predict trends, and execute trades, operating autonomously and ready to capitalize on opportunities anytime without the need for constant market monitoring. Perfect for the 24/7 crypto world.
Users manage the process by setting up “Workflows,” through which they define their financial goals and risk tolerance. The D.A.T.A. platform includes some pre-made skills to help get started with common DeFi tasks.
How might this play out? Imajin the possibilities….
It’s the latest but not only product launched by the big-brained team. They already ship and operate several other AI powered tools,
For instance, their Alpha Intelligence bot brings the power of AI to your Telegram channels:
If you’re not super familiar with Gemach, it’s likely because many of their products are private and token-gated.
Wait a minute… Lions and Llamas? Sounds like a deadly mix…amirite?
Deadly for bears perhaps… Gemach is in fact the latest project emerging from the Llama ecosystem.
Their ecosystem is powered by the $GMAC token, which trades on Arbitrum
We didn’t find any specifics on tokenomics, except to note that they operate as a bona fide DAO, putting all major decisions to vote on their active Snapshot.
It’s clear that AI is the biggest trend next to crypto, and thanks to the Llamas we have front row seats to some outstanding projects attacking the intersection.
Woolish!
For more on Gemach, check out their various project links. And join our Llama Party to ask more of the team! We expect to be joined by some or all of the big-brained team!
Disclaimers! Author owns no $GMAC (…yet!)
Because of your article, I just went to read about Gemach in addition to your links. It’s interesting, Gemach's innovative approach, combining DAO governance with advanced AI-driven on-chain trading tools, is pushing the boundaries of DeFi by offering sophisticated, self-custodial financial products like interest-free loans and index funds.
Their use of AI to optimize trades and the integration of sniper bots exemplify the potential of decentralized finance to democratize access to high-level investment strategies. Thanks for sharing