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BBC Abandons Generative AI in Doctor Who Promotion: A Reflective Insight In an era where technology continuously reshapes our interaction with media, the BBC's recent decision to abandon the use of generative AI for marketing its iconic sci-fi series, Doctor Who , raises several intriguing questions about the balance between innovation and audience perception. Following a trial that sparked viewer complaints, the BBC's pivot reveals the complexities inherent in employing AI within creative industries. Background of the Decision The BBC initially embraced generative AI technology, believing it would streamline the creation of promotional content for Doctor Who . The trial involved: Drafting text for two promotional emails Generating mobile notifications Reviewing AI-generated copy variations by the marketing team David Housden, the BBC's Head of Digital Media Inventory, had previously expressed optimism about AI's potential to enhance promotional efforts, s...

Orbs and SYMMIO Transform Onchain Derivatives Trading

Orbs Partners with SYMMIO to Revolutionize Onchain Derivatives Trading

In a significant move for the decentralized finance (DeFi) landscape, Orbs has announced a strategic partnership with SYMMIO, an innovative OTC derivatives platform. This collaboration promises to enhance the onchain derivatives trading experience, leveraging better capital efficiency and tapping into deeper liquidity pools. As the demand for Orbs' blockchain continues to rise, particularly for its DEX-agnostic Liquidity Hub, the potential impact of this partnership cannot be underestimated.

Addressing Liquidity Fragmentation in DeFi

The DeFi ecosystem has long struggled with liquidity fragmentation, a challenge that Orbs aims to solve through its advanced Liquidity Hub. This layer operates atop Automated Market Makers (AMMs) and enables more cohesive liquidity management. With SYMMIO, Orbs is poised to extend similar capabilities to derivatives trading, allowing for more effective capital deployment.

Key Features of the Partnership

  • Onchain Derivatives Focus: The collaboration will explore a range of use cases centered around onchain derivatives, utilizing Orbs' existing Layer 3 technology.
  • On/Offchain Communication Oracle: Initial concepts include developing a robust oracle system to facilitate seamless communication between onchain and offchain environments.
  • Bidding System for Hedgers: The partnership aims to create an innovative bidding system, enabling traders to manage risk while optimizing their trading strategies.

The Current State of Onchain Derivatives Trading

Despite the dominance of derivatives on centralized exchanges, where trading volumes are four times higher than spot trades, the reverse is true onchain. Only about \(2 billion of DeFi's total value locked (TVL) of \)60 billion can be attributed to derivatives. The partnership between Orbs and SYMMIO is designed to rectify this imbalance, allowing onchain traders to open leveraged positions while efficiently utilizing their capital.

SYMMIO's Innovative Approach

SYMMIO's solution addresses the issue of limited onchain liquidity by employing an ingenious method for intent-based OTC derivatives trading. Here’s how it works:

  • Quote Streaming: When a user wants to open a position, quotes are streamed in real time from various hedgers.
  • Intent Creation: The frontend selects the best quote based on the user's parameters, creating an intent that is then transmitted onchain.
  • Trade Execution: The trade is executed onchain once the solver accepts the intent, locking collateral for both parties.

One of SYMMIO’s standout features is its ability to harness external liquidity sources, including major centralized exchanges like Binance. This capability significantly enhances liquidity compared to traditional derivatives platforms, thereby improving capital efficiency.

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The Future of Onchain Derivatives

Through this partnership, Orbs and SYMMIO are not just enhancing liquidity; they are paving the way for broader adoption of onchain derivatives. The innovative technology being developed is set to provide traders with a safer and more efficient means of gaining exposure to derivatives, ultimately contributing to the maturation of the DeFi ecosystem.

About Orbs: Orbs operates as an open, decentralized, and public blockchain infrastructure that bridges existing Layer 1 and Layer 2 solutions. Its decentralized execution layer supports projects aligned with its vision for Web3.

About SYMMIO: SYMMIO reimagines bilateral OTC derivatives by integrating intent-based execution, facilitating trustless and permissionless trading among multiple parties.

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The partnership between Orbs and SYMMIO marks a pivotal moment in the onchain derivatives landscape, setting the stage for a more efficient and liquid trading environment in the ever-evolving world of DeFi. For those looking to upgrade their systems, the Symmons S-9600-P Origins 1-Handle Shower Faucet System, Chrome offers a modern solution.

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The innovative collaboration between Orbs and SYMMIO is not just about technology; it’s also about the future of trading in the DeFi space. The Symmons S-96-2-X Temptrol Tub/Shower System emphasizes how a solid infrastructure can lead to greater efficiency and user satisfaction.

With tools like the SYMMONS INDUSTRIES REBVALVE2RP Temptrol Valve Repair Kit, Brass available, the landscape for onchain derivatives is looking brighter than ever. The future of this market is promising, and the potential for growth is significant, especially with the right resources at one’s disposal.

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