Narrative is a DeFi protocol built on the Monad blockchain, allowing both Spot and leverage trading, while introducing a new way to invest through 'market stories'.
This platform helps users access crypto trends through thematic Vaults such as AI Agents, DePIN, or Memecoin, instead of having to manage each individual token, while leveraging AI and Monad's 10,000 TPS power.
MAIN CONTENT
Narrative is a DeFi protocol built on Monad, allowing Spot and leverage trading.
Users invest according to market trends through Vaults instead of selecting individual tokens.
Integrating AI to analyze on-chain and off-chain data, along with Monad's high performance of 10,000 TPS.
What is Narrative?
Narrative is a DeFi protocol built on Monad, an EVM-compatible Layer 1 blockchain, notable for its processing capability of 10,000 TPS.
This platform offers Spot and leverage trading options with Long and Short positions, suitable for various risk levels.
The uniqueness of Narrative lies in the combination of asset investment with the concept of 'market stories' (Market Narratives).
Users can participate in trends like AI Agents or Memecoin through Vaults, rather than managing each individual token.
What are the highlights of Narrative?
Narrative is the first protocol that allows users to trade directly on market trends, instead of buying and selling individual tokens. This is a new approach that simplifies investment strategies and expands access to trends.
Moreover, using Vaults as thematic asset baskets helps reduce dispersed risk, while the AI tools analyzing on-chain and off-chain data provide a comprehensive perspective. Monad's high performance supports smooth trading at low costs.
"Narratives-driven trading will be a step forward to make DeFi more accessible to newcomers while still being flexible enough for professional investors."
John Wu – President of Ava Labs, speaking at Messari Mainnet 2023
How does Narrative work?
The platform operates based on the Vaults mechanism, which are thematic asset baskets. Investors can choose to participate in AI, DePIN, or Memecoin Vaults, instead of researching and allocating their own portfolio.
In addition, Narrative combines AI to analyze on-chain data such as TVL, DAU, and off-chain data from social media, helping to assess the strength of a trend before investing.
What is Monad's role in Narrative?
Monad is the underlying blockchain of Narrative, providing processing speeds of up to 10,000 TPS, low latency, and low costs. This factor makes Spot and leverage trading on Narrative quick and smooth.
Monad's EVM compatibility allows the project to easily integrate with existing applications and smart contracts on Ethereum, expanding the ecosystem and applicability.
"The performance of Monad is a crucial foundation for new generation DeFi protocols like Narrative to scale globally."
Messari Report, Q4/2023
Why is Narrative different from other DeFi platforms?
Unlike protocols that focus solely on trading individual tokens, Narrative allows investments based on market trends, which analysts believe will become a trend in DeFi.
For example, if one wants to invest in the AI sector in crypto, instead of buying multiple different AI tokens, users only need to participate in Narrative's AI Vault, saving time and diversifying risk.
Traditional Narrative DeFi characteristics Approach Trend-based investment (Narratives) Individual token investment AI tools supporting on-chain & off-chain analysis Mainly relies on manual analysis Monad infrastructure 10,000 TPS Ethereum, BSC... lower speeds
What will the development roadmap of Narrative look like?
The project has not fully disclosed its roadmap; however, the development direction will focus on expanding the number of Vaults, integrating more AI analysis tools, and increasing liquidity.
Typically, early-stage DeFi projects launch a beta version, then expand features, collaborating with exchanges and investment funds to promote the ecosystem.
Where are Narrative's official information channels?
Users can follow updates from Narrative through official channels:
X (Twitter): https://x.com/narrativexyz
Discord: https://discord.com/invite/MGkCPpTK6R
"In the DeFi market, choosing the right mainstream information channels is a prerequisite to avoiding risks and staying accurately updated."
Binance Research, 2023
Frequently Asked Questions
Is Narrative suitable for new investors?
Yes. With trend-based Vaults, Narrative helps newcomers access the market without needing to manage multiple complex tokens.
How does Narrative differ from ETFs in traditional markets?
Narrative is similar to ETFs in that it aggregates multiple assets around a theme, but applies this in the crypto and DeFi space with instant liquidity.
In what activities does Narrative use AI?
AI supports the analysis of on-chain and off-chain data such as TVL, DAU, social media, thereby providing objective investment signals.
What advantages does Monad bring to Narrative?
Monad provides a speed of 10,000 TPS, facilitating cheap and fast transactions, creating a good experience for both Spot and leverage.
Has Narrative launched its own token yet?
The project has not disclosed detailed tokenomics; information will be updated in subsequent stages.
Source: https://tintucbitcoin.com/narrative-la-gi/
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