Microsoft partnered with LeverFi

Partnerships continue in the cryptocurrency market. At this point, the decentralized platform LeverFi announced that it has partnered with Microsoft to create artificial intelligence solutions in decentralized finance.

After the news, LeverFi’s token LEVER experienced an increase of 18% and went up to $ 0.001777. LeverFi said in a statement on Twitter:

After months of planning, LeverFi is excited to share that we are working with @Microsoft to create accessible A.I. decentralized finance solutions that help everyday users overcome friction and systematic risks in DeFi and transaction executions.

The high-friction and high-risk nature of DeFi has led to many existing users losing conviction in decentralized finance, and continues to remain a major barrier discouraging new users. LeverFi hopes to change this for the better. Morpheus is an A.I. on-chain machine learning assistant with two core learning engines: one to detect market and protocol anomalies, and one to support users in on-chain portfolio management.

Morpheus is powered by Microsoft Azure OpenAI, which allows us to build rapid machine learning and large data analytics models on world-class infrastructure. Using Morpheus, users can monitor on-chain portfolio positions and be the first to react and manage accordingly if market conditions suddenly deteriorate, thereby helping users to navigate DeFi with significantly greater control and confidence. LeverFi is committed to staying at the forefront of DeFi innovation, while working with world-class partners and institutions across various blockchain products including asset tokenization and real world assets, which complements our omni-chain leveraged trading platform.