DeFi Lens FAQ: A Beginner’s Guide

Oraichain Labs
Oraichain
Published in
4 min readJan 31, 2024

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DeFi Lens is designed to make crypto research and data-driven investing accessible even for beginners. With user-friendly features and a customizable interface, you can easily navigate complex markets and identify opportunities. This article answers some common questions to help you get started and maximize the platform.

Q: Why can’t I log into LLM Layer?

A: At this period, access to LLM Layer is limited to Whitelisted members and referral invites. Free access and our VIP Membership Program are coming soon!

Q: Is DeFi Lens Suitable for Beginners?

A: Absolutely. DeFi Lens caters to traders of all levels. Its intuitive interface simplifies crypto research so beginners can explore the cryptocurrency world & DeFi space, identify profitable opportunities, and make data-driven decisions.

Q: How Can I Get Started with DeFi Lens?

A: To get started, you can:

  • Explore Basic Lenses: Start by exploring basic Lenses — personalized metrics for your token research — in various categories such as Market, Social, TA Indicators, and Patterns.
  • Craft Your First Gem Finder: Create your ‘Token Lensset’ — a unique mix of customizable Lenses — that aligns with your preferences. Save multiples to try different search strategies.

Tutorial video: https://twitter.com/oraichain/status/1746570520407990444

  • Dive into ‘Pool Search’: Analyze yields and growth potential by exploring farming pools.
  • Spot the Next Big Thing Early: Explore diverse upcoming and active ICO/IDO events for profitable opportunities.

Q: What do Social Lenses Reflect?

A: “Social” Lenses provide an overall score of a cryptocurrency’s social influence. They encompass the total number of mentions and the general sentiment (Bullish or Bearish) across various social platforms. This feature enables users to gauge the community sentiment surrounding a particular token.

Q: Do I need TA knowledge to use Indicator Lenses?

A: No prior experience needed! DeFi Lens interpret these indicators into intuitive signals, e.g. Oversold, Neutral, Overbought, etc., ensuring beginners can analyze each token’s performance easily.

For detailed TA analysis of each token, click on ‘Lens’

Q: What are Patterns Lenses?

A: Patterns Lenses reflect the similarity of a token’s current chart with popular chart patterns.

These patterns might suggest potential trends, breakouts, or breakdowns, providing users with valuable insights into the potential market movements.

Note: It’s essential to recognize that some price charts may not always exhibit a specific pattern.

‘Lens’ also shows Pattern analysis of a token

Q: How often is data updated?

A: Data refreshes every hour. This frequent update schedule keeps information current so users can stay on top of market trends.

Wrapping up

We hope this FAQ provides helpful information to get you started with DeFi Lens. Feel free to give feedback and contact us if you have any other questions as you explore LLM Layer.

Ready to dive in? Visit 🔗 https://layer.orai.io/defi-lens and explore the world of DeFi Lens now!

If you haven’t joined us yet, ask a friend/SamORAI for a referral link to gain access to LLM Layer 🙌

Connect with DeFi Lens

📩 Contact email: contact@defilens.ai

🌐 Website | Telegram | Discord | Twitter |Youtube

About Oraichain

Oraichain provides multidimensional trustworthy proofs of AI and enables secure integration with Web3. With AI as the cornerstone, Oraichain has developed many essential and innovative products and services including AI Oracle, DINO Hub with DINO Center, AI Marketplace & Data Marketplace, fully on-chain VRF, AI-based NFT generation & copyright protection, Royalty Protocol, AI-powered Yield Aggregator Platform, Cosmwasm IDE, and many more. Oraichain is the world’s first Layer 1 of AI oracle and Trustworthy Proofs™️.

Oraichain | Telegram | Twitter | YouTube | Discord | GitHub | Medium | Commonwealth

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