The Genius Yield team created a new trading bot API that will allow developers to integrate in code to automate various trades on their decentralised exchange.
This is a great move, as much of the trading volume on other chains is automated through bot activity. Having trading bot activity will increase trading volume on the DEX and chain.
Find the API code at:
https://github.com/geniusyield/dex-contracts-api
Trading bot Python executed
https://twitter.com/GeniusyieldO/status/1781025570136166466
Medium article about the release
https://geniusyield.medium.com/genius-yield-trading-bot-api-beta-a1667a74b252
Watch the trading bot API workshop
https://www.youtube.com/watch?v=yilEO3myGLA
Find out more about the Genius Yield DAO vote:
https://twitter.com/GeniusyieldO/status/1780358306110058691
Timestamps
00:00 Intro
00:37 Comparing other chains
02:39 Genius Yield is primed for bot trading
03:12 Thread details
04:04 Current GY snapshot
04:33 Online workshop
05:04 Genius Yield DAO votes
05:40 Clarity for the DAO platform
Disclaimer: I am a Genius Yield Ambassador and paid every month to create content for the team, but seriously, they didn’t need to pay me for this piece of news. API bots are needed for Cardano and this will help increase the value on Genius Yield and on the Cardano blockchain.
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*** None of the information on this episode is to be considered as financial advice. All conversations and opinions are that of the guests and are intended for educational and entertainment purposes only. Please do your own research and understand that cryptocurrencies are volatile and risky. https://www.youtube.com/watch?v=Fq8FhvxET2k
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