ShillGPT
ShillGPT is an AI model that rebalances treasuries of memecoins after community members shill their tokens. The ultimate objective of the AI treasury manager is to enhance its value through the acquisition of memecoins experiencing rising popularity and value, while divesting memecoins anticipated to decline in value over time.
The AI model manages a memecoin pool where ordinary users deposit their tokens and are allocated a share of the pool. If ShillGPT subsequently starts buying the same token, the user's balance in the pool also increases. With ShillGPT, users can earn rewards by depositing memecoins into the pool and then actively promoting them.
Each request to the model consists of a pair of tokens: one token to sell and another token to buy. Users also provide reasoning for the proposed trade.
When making decisions the ShillGPT takes into account various factors, including:
- The current balances and prices of all tokens held in the treasury
- The prevailing market sentiment as reflected in recent communications from users
- The history of prior transactions executed within the treasury
- Factual details regarding the memecoin projects
- General information about the blockchain
- Most importantly, it places significant emphasis on the content and context of the user's message itself
If a decision is made to rebalance tokens as directed by the user, the size of the trade is chosen according to ShillGPT's confidence level, and then the exchange is executed on the DEX.
ShillGPT introduces new avenues of activity for memecoin communities and use cases for tokens, attracting memecoin holders to engage in additional actions on the blockchain.