DeFAI: Let even novices on the chain easily play with DeFi

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DeFAI, leveraging AI technology, has completely simplified the operation process of DeFi.

Author:nairolf

Compiled by TechFlow

"Friend, what is DeFAI?"

A super simple explanation about DeFAI and @HeyAnonai.

Original image from nairolf, compiled by TechFlow

"Go ahead and try it, brother."

DeFAI is the combination of Artificial Intelligence (AI) and Decentralized Finance (DeFi), aiming to simplify on-chain interactions like never before.

HeyAnon is a DeFAI-based protocol designed to simplify DeFi operations, while also integrating relevant information from key projects.

"What is this exactly??"

Let's start with DeFAI.

Its goal is to use AI to make DeFi projects like AAVE or Uniswap easily accessible even for users unfamiliar with crypto technology.

"Oh, I see."

Suppose your mom wants to use AAVE on Arbitrum.

She deposited $1,000 on Binance and bought 1,000 USDC. She tried to transfer these funds to Arbitrum, but failed.

She would first need to transfer the USDC to BSC, then use a cross-chain bridge to get it to Arbitrum, and finally deposit it into AAVE.

Original image from nairolf, compiled by TechFlow

"She would never be able to figure that out."

Indeed, she would almost certainly not have the time to complete these tedious operations. And did you notice? I didn't even mention the gas fee issue.

The goal of DeFAI is to make your mom's operations super simple.

"How does it do that?"

Through AI, your mom only needs to say: "Help me borrow with this $1,000."

The system will automatically complete all the complex steps we just mentioned (the things that would give her a headache) without any manual operation.

Original image from nairolf, compiled by TechFlow

"Is it HeyAnon?"

Yes, this is one of the things HeyAnon can do.

It can also keep you updated on the latest project dynamics in real-time and help analyze trends across different platforms and protocols.

"What? For real?"

You can think of HeyAnon as your personal DeFi assistant.

It will automatically monitor all kinds of platforms you can think of, like Twitter, Telegram, Discord, and even GitHub, to ensure you're always up-to-date.

Then, you just need to ask it simple questions.

"Sounds good, what else can it do for me?"

It can help you with cross-chain bridging through LayerZero, complete lending operations on AAVE, swap tokens, set on-chain take-profit (TP) levels, and even monitor Gas fees to help you interact with your favorite projects when the costs are lower.

Basically, it can do all those on-chain tasks that require manual operation.

Original image from nairolf, compiled by TechFlow

"Let's summarize."

DeFAI, leveraging AI technology, has completely simplified the operation process of DeFi. You no longer need to manually manage various on-chain tasks, just a simple command is enough to get it done.

HeyAnon is a specific implementation of DeFAI, which not only can help you with token swaps, lending, and cross-chain bridging, but also keep you updated on industry dynamics in real-time, ensuring you're always informed.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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