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Describe what you want built from inside your AI tool - it sends the prompt straight to Caffeine. Get updates on what's being built without leaving your conversation. When it's done, ask your AI to review it. It reads the Caffeine conversation directly, so it has full context on every decision.
Hello MULTI/DEX 🔥 Should DFINITY release the most powerful DeFi application the world has ever seen?
What's cool about it? Here are some factoids, the craziest at the end:
1. It runs on an ICP cloud engine (soon everyone can have one) and is 100% network resident and tamperproof.
2. It is genuinely multi-chain, with no bridging hassles for users (users can deposit straight into their accounts, and withdraw directly, from the native chains of tokens).
3. It is order book based, but also provides a traditional swap interface, which swaps arbitrary assets by routing across the underlying markets.
4. It supports both spot trading, and margin trading that lets traders go long and short with leverage.
5. It has an AMM (Automated Market Maker) that uses Internet Computer outcalls to determine outside prices, then delayed matching against AMM limit orders to prevent arbitrageurs draining liquidity, as can occur with traditional DEXs providing swaps.
6. The AMM maintains a unified liquidity vault, and doesn't need two liquidity pools for every trading pair, providing outstanding capital efficiency and liquidity compared with traditional DeFi systems.
7. Users can earn by depositing into the AMM Vault, and into an insurance pool that protects the vault from margin calls that fail to recover all capital (the insurance pool gets 5% of all liquidations).
8. MULTI/DEX runs on the decentralized Internet Computer network, and is 100% open source — unlike HyperLedger, say, which remains closed source, and has an single-purpose architecture closer to federated CEX hosted on a symmetric cluster of federated servers.
9. If we go ahead, we would propose that MULTI/DEX runs as part of the Internet Computer, in the sense it is controlled and updated by the NNS (The Internet Computer's Network Nervous System, the world's largest and most sophisticated DAO, which directly orchestrates and updates the network) providing unparalleled levels of autonomy, transparency, and security.
10.... and this is the BIG ONE... its backend is built using the latest Motoko language framework (soon to be released) that puts AI *inside* of its software. That means, in another seminal inventive step from DFINITY and Caffeine Labs technology teams, that AI can see, browse and query the realtime data inside the app/dapp's persistent memory and can create and execute ad hoc queries and update logic on-the-fly (subject to permissions). So, while for much of the time traders will be using the traditional UX shown in the pic, increasingly, they will be interacting with the exchange through AI chats that have the "Internet Computer Connector" MCP installed (soon to be released). On the one hand, traders will be able to use chat to ask for simple things, like current spot pricing and market depth, and the likely slippage on a spot market order, and for orders to be submitted, but on the other, for much more demanding things that require the AI to execute ad hoc functionality, such as "Look at my positions and margin pools, and rebalance them to give me more blended market exposure, while also adjusting for risks indicated by social media coverage of forthcoming market events, but wait for my approval of your plan before proceeding."
This is a lot to take in, so I'm aiming to get a new demo video out ASAP that will demonstrate what's possible with this AIware, which will include MULTI/DEX — should be about a week!!
Btw. for those wondering what might be the big picture beyond what I just described with MULTI/DEX: At DFINITY, we are in the process of transforming ourselves into an "agentic organization," where all our existing apps/SaaS is replaced by custom on-demand apps/SaaS running on cloud engines that are created and updated by AI. Of course, these on-demand apps/SaaS are being built using the new technology described that automatically puts AI inside and provides users with fluid functionality via chat. The totality of the apps/SaaS represents an enterprise "World Model," which incorporates as much of the enterprise's data as possible, enabling AI to perform incredibly powerful analyses and actions — when you see this is in action, you can't unsee what you saw, because it's clearly a huge leap beyond the status quo of today's tech, which is exactly what the Internet Computer project is about. This wraps up our new technology stack, created by leaning on unique aspects of "The Network is The Cloud" paradigm, and years of work, and what, together with cloud engines, will finally enable the Internet Computer to strike out into the massive mainstream cloud technology market.
The Cloud Market in Switzerland is projected to continue growing🇨🇭
internet-computer:native is currently well positioned.
Public hospitals in Switzerland are not allowed to use Claude. Mostly, these institutions do rely on Local Cloud Providers.
DFINITY & the Swiss Subnet will offer a "packaged offering" that other Cloud providers are not able to offer.
In one of his last posts, Dom has mentioned Fluid sovereign onchain apps with AI inside:
In particular, he has mentioned that: "Soon I will demonstrate how AI can be "inside" an arbitrary ICP app, service or website built using the latest Motoko, understanding all its data, analysing it any way you want, and taking actions, without need for one special line of code. Insane and groundbreaking."
This service is going to be used by Public Hospitals, Banks, Financial Institutions, Law Firms, Startups, Small businesses, Entrepreneurs etc.
In particular, personally, healthcare is extremely interesting and meaningful. I will provide an update in my next video about the Swiss Subnet.
A growing number of enterprises are waiting for $ICP cloud engines: https://t.co/lO18bhfnFU
This summer, DFINITY will start distributing promo codes for creating engines that run for 2 weeks for free, over Internet Computer nodes.
TVL in DEFI is dropping, the number of hacks in Crypto is at an ATH. Meanwhile, DFINITY & the Swiss Subnet are onboarding institutions. The big shift has started.
🇨🇭Today I posted Part 2 of the Mini Series about the @SwissSubnet: https://t.co/Dz0it6wLDJ
I had the chance to sit down with Dennis Platzl, CEO of Swiss Subnet.
We had a great conversation about $ICP technology, its real-world use cases, institutional adoption, cybersecurity, and decentralized cloud infrastructure.
We also talked about the solid progress Swiss Subnet is making both in Switzerland and internationally. With strong interest in tailored AI solutions and secure decentralized cloud on blockchain, Swiss Subnet is currently hiring developers and members for their Business & Development team. They’re looking for people who speak German, French, Italian, and English.
These roles will help them engage with institutions across Switzerland and beyond, and support their onboarding process. In my next video, I’ll share more details about their client pipeline and the jurisdictions their future clients are operating in.
Swiss Subnet is staying focused on sustainable growth and strong execution. Part of that includes signing Letters of Intent with various institutions in Switzerland, some of which are large organizations operating at the cantonal level. Stay tuned for Part 3.
Crypto media is so deceptive: DFINITY/ICP are censored as usual, probably because our technology threatens vested interests. The industry desperately needs fresh blood to move forwards.
See: https://t.co/Je63kKsRPa
See: https://t.co/cghAgEGyIj
We recently introduced our new simplified pricing tiers.
Free - Give Caffeine a try. Remix apps from the App Market. Test it out.
Host - Your app, live and always on. Build with chat, take it live on your own domain.
Studio - For people who keep shipping. Publish to the App Market. Buy a domain through us or bring your own.
For more information check out the FAQ: https://t.co/hcPn73bT6H
$ICP Key Events This Week:
1. @dominic_w teased upcoming zero-code AI integration for Motoko apps 🔥
2. Free 2-week cloud engine promotional codes announced for this summer
3. @PierreSamaties shared sovereign cloud insights at UNDP Paris summit
4. @caffeineai simplified its pricing ☕️
5. Internet Identity launched a new seedless email recovery feature
6. 100,027 ICP were burned during May alone
7. ICP Crossed 288 billion total non-query transactions on-chain
8. ICP Ranked #4 among major blockchains by lowest average transaction fee ($0.00004)
9. ICP Ranked #1 fastest blockchain of the last month with an average of 6,800 TPS
Stay decentralized! ∞
Never lose access to your identity again.
Internet Identity now has email recovery. Lose every device, and you still get back in with a message from your own inbox. II verifies it is really you.
No seed phrase to guard. Set it up at https://t.co/TavUu6G3YW
🇨🇭 @SwissSubnet is a sovereign cloud platform built and operated in Switzerland.
The next mini series of videos will be dedicated to the outstanding progress that they have achieved in the last few months.
In particular, in one of my next updates, I will discuss about their Client Pipeline.
Audience & client pipeline:
➡️Regulated financial institutions seeking compliant blockchain infrastructure
➡️Federal & cantonal government agencies protecting sovereign citizen data
➡️Healthcare providers & critical infrastructure operators requiring ironclad data protection & operational continuity
Powered by $ICP technology and anchored in Swiss law (TVTG + world-class privacy standards), the Swiss Subnet delivers innovation with unmatched legal certainty✅
Its coming💥
Tomorrow I will post a video about the Swiss Subnet 🇨🇭
Their client pipeline is seriously impressive. They are rapidly onboarding large Institutions.
Cloud Engines will reshape Web3 forever.
20% Burn is coming for $ICP 🔥
A growing number of enterprises are waiting for ICP cloud engines. This summer, we'll start distributing promo codes for creating engines that run for 2 weeks for free, over Internet Computer nodes. Fluid sovereign onchain apps with AI inside = create, experience, want forever...
Caffeine is separating how you build from where you ship.
Build with any AI and toolchain, then host a real, self-owned product on the Internet Computer.
New plans, new ways to build, plus collaboration coming soon.