Who loves AI? We do.

If you were at ETH Denver, you know what everyone seems to be talking about.

So, what better way for TRSY to be exposed to crypto AI than through enqAI? They provide uncensorable and decentralized AI models through their platform. By leveraging blockchain technology, they ensure that AI services and applications are accessible without central control, thereby promoting a more open and equitable digital environment. Essentially, envision an uncensored chatGPT.

Their ecosystem partners include products like noiseGPT (founding partner) and NSFW projects like Lush A.I. And their integrations are growing by the day.

We are excited for enqAI to be part of the vault. It makes sense for the following reasons.

First, with an $80mm market cap and a $1.4mm average daily trading volume, it passes the market-based screens for depth and liquidity. Most of this trading volume is also on UniV3, which makes price manipulation difficult.

Next, though it’s a relatively new crypto AI token, it’s backed by existing users and projects such as NoiseGPT which (for better or worse) has been getting a lot of press attention in the last year. We view this as a new token from an established project – one which should serve as a good way to capture the crypto x AI narrative.

TRSY also benefits the core enqAI team. Besides benefiting from the upcoming Fyde airdrop, they are able to achieve multiple objectives all in one go. By transferring a portion of enqAI into the Fyde vault, the team received TRSY. Without needing to sell on the open market, enqAI receives strong risk-adjusted returns. This lowers the overall risk of their own treasury while maintaining the ability to grow during the bull market. For example, based on the current allocation of enqAI in the vault, if the rest of the vault was up +3% whilst enqAI was down -50%, the overall return would still be +1.7%. Thus, the portion of enqAI’s holdings in the vault would still be generating a positive return. This is the power of TRSY and how it can benefit users across the crypto ecosystem.

We’re excited to work with the enqAI team and help support their vision for 2024.