New trend of encryption: analysis of A16Z accelerator project

Author: REVC, Bitchain Vision

Foreword

As the vane of the encryption field, the A16Z accelerator has always led industry innovation.This fall, A16Z has selected 21 most innovative projects from many startups in the world, covering multiple fields such as artificial intelligence and decentralized finance.This article will analyze representative projects to reveal the future development trend of the encryption market.

Project overview

ANERA LABS————Construct a liquidity infrastructure that unifies all on the chain

ANERA LABS is a liquidity infrastructure for users’ intention to build, and a new concept was introduced in a decentralized system.Users do not need to specify specific operations, but express the results they want through signature conditions.This allows the special solution device to determine the most effective way to realize the intention, and separate the “what” and “how”.

ANERA LABS uses two auction mechanisms to activate liquidity: first come first first (FCFS) and quotation request (RFQ).FCFS is given priority to speed, no matter what the price, the first qualified bid will be accepted.On the other hand, RFQ allows fillers to compete, which may generate better prices, but it takes more time.

Fill players play a vital role in these protocols and act as intermediaries between users and networks.Their competition has promoted better quality and lower user costs.However, the possibility of reviewers and fillers is still worrying about the decentralized system.When the module below the chain is involved in the execution process, the protocol review will occur, thereby introducing centralization and possible harm of the fairness of the system.When the filler selectively refuses to provide services for certain orders, the filler will be reviewed, thereby restricting the user’s choice and may fall into a financial difficulties.

BlockSense —————Support creation that can be used to use Internet data andCPU/GPUCalculating prophet

BlockSense is a prediction machine network, which aims to overcome the limitations of traditional data feedback on the blockchain.By using zero -knowledge proof and decentralized node networks, the efficiency, safety and transparency of the prophet machine is improved.

BlockSense can achieve cost -effective data release and access based on the expansion of the Merkle tree.Flexible expenses and potential chain subsidies have promoted the development of the DEFI ecosystem.At the same time, anyone can create data feedback, become data providers and access the entire data world.The encryption mechanism can also ensure data integrity and reduce trust requirements to the maximum extent.Ensure data availability and prevent censorship.

Cork Protocol —————Accelerate the risk pricing protocol of credit on the chain

Cork is an agreement to simplify the creation and transactions of linked asset mortgage and exchange.Similar to the exchange of credit defaults, CORK’s de -hook interchange allows users to surge in various markets in DEFI.

Cork users deposit the redeemed asset (RA) into the Cork Hook Stable Module (PSM).PSM is created for specific hook assets (PA) to build a hook interchange (DS) and guarantee tokens (CT).DS holders can convert PA to RA during the hook incident.DS and CT are traded on AMM to set prices and income for buyers and underwriters.At the same time, liquidity insurance libraries provide passive returns to liquidity providers.

Cork’s PSM ensures that users can redeem their original principal even if they are decoupled.And provide cheaper pricing and rewards for liquidity providers.Users can freely buy and sell and heb.Cork provides a solution for the return of management risks and maximizing the return of the DEFI ecosystem.

Kuzco — LLMReasoning market

Kuzco is a decentralized GPU cluster based on the Solana blockchain. It aims to provide high -efficiency and economic reasoning services for large language models (such as LLAMA3, Mistral, PHI3) by using the idle GPU resources contributed by network participants.Users can easily access these models by API compatible with OpenAI.Kuzco’s distributed architecture enables it to make full use of the computing power of the network and achieve reasoning of large -scale models.At the same time, the award mechanism inspires users to contribute idle resources.

OpenRadient —————Build a blockchain that is designed to bring the world to the chain

OpenRADIENT is building a blockchain network compatible with EVM, which aims to be an scalable and secure execution layer of AI.

Because OpenRADIENTWORK directly provides access to reasoning AI models through pre -compilation in smart contracts, it can maximize the combined use of smart contracts.Just connect the reasoning to different models in the smart contract to create a powerful case.

As for interoperability,becauseOpenRADIENTIs one andEVMCompatible network,OpenRADIENTSmart contracts can interact with other chains through cross -chain queries and cross -chain calls promoted by major cross -chain solutions.The OpenRADIENT team is still planning an ERC to build a future architecture for how to interact with each other on the chain agent and model on the network compatible with EVM.

Pin AI ——For personalAI(data+Agent) Build an open platform

The PIN AI platform aims to completely change the personal AI field by combining the encrypted economic security with privacy, ownership, and various applications.Unlike existing AI solutions, which are usually limited by data access and privacy issues, PIN AI uses blockchain technology to create a safe and open network for AI services.

PinThe protocol consists of three key components: data connectors and registry on the chain, private storage and computing layers, and agency links and intention markets.These components work together to ensure the effective matching of privacy, data ownership, and user intentions with the AI agent.Pin AI’s architecture aims to balance privacy, performance and personalization through its hybrid models and personal indexes.By combining the combination of the device with cloud -based computing, the structured knowledge map can be used, Pin AI can provide personalized response related to context while maintaining user privacy.

The PIN economy is driven by bilateral markets, and users and personal AI can access services from external AI.Data connectors and proxy services play a vital role in promoting this exchange, and obtain incentives through POE (Proof-OF-ENGAGEMENT Protoco) protocol.

Term Labs ————To match the borrower and lender of fixed interest ratesDefiLending platform

TERM Finance Protocol is a transparent and scalable non -hosting fixed interest rate liquidity protocol for digital assets.

Support non -hosting non -custody fixed interest rate mortgage loan (Term Repos), its model is similar to the common trio repurchase arrangements in Tradfi.

The borrower and lenders are matched through the unique regular auction process (Term Auction). The borrower submits a sealing bid and the lender submits a sealing quotation. These offers are used to determine the interest rate of the auction participants to liquidate the market.Participants with higher bids than liquidation rates will obtain loans, and participants who are willing to lend more than liquidation interest rates will provide loans. In each case, interest rates are market liquidation interest rates.The bids and quotations of all other participants are called “unreasonable”.
At the end of the auction, the borrower obtained a loan income, the lender obtained ERC-20 token (Term Repo token), and the lender will redeem the principal and interest at the time of expiration.Agreement intelligent contracts provide services to these transactions by recording repayment and monitoring mortgage health and liquidation.

Term supports the deployment of regular repurchase.Regular repurchase is implemented on the TRADFI environment with a three -party repurchase, and the specific chain of fixed interest rate mortgage loans is implemented.The main features of regular repurchase include:

Fixed term and fixed interest rates: regular repurchase involves fixed period and fixed interest rate loans, not common open floating interest rate loans in DEFI.The borrower must repay the loan on date or repurchase daily, and must be repaid within the repurchase window.
Reconstruction: The regular repurchase agreement is non -redeemed, that is, the lender cannot be redeemed before the expiration or repurchase date, and the borrower cannot repay.
Mortgage: Regular repurchase is designed to meet the needs of short -term liquidity management, and uses the excess mortgage method supported by mobile digital assets (such as WBTC, Weth, USDC, USDT).
Non -custody: The mortgage repurchase will not be custody, but is locked in decentralized smart contracts. The borrower and loans can be verified in real time.At the same time, the mortgage is not allowed to re -mortgage. Only users use private keys and strictly abide by the terms of intelligent contract arrangements.Each regular repurchase has a “lock cabinet” that is related to it.
Auction mechanism: The interest rate of regular repurchase is determined by the auction mechanism, the so -called “regular auction”.Each regular repurchase has its own “regular auction”.

summary

We can clearly see the two trends through the A16Z accelerator project, that is, infrastructure innovation and deep integration of AI and blockchain.The crypto industry is expanding from simple digital currency transactions to a wider range of application areas.With the continuous progress of technology and the improvement of supervision, cryptocurrencies will gradually integrate into our daily lives and bring more innovation and change to society.