SuperFruits AI

It feels like every year, there’s a new narrative we hear about in the crypto space. Last bull run, one of the most intriguing narratives was DEFI, which is the short term for DEcentralized FInance. But what is it exactly?

Well, to put it simply, DEFI is a system of financial services built on blockchain technology. This system gives you the ability to trade your tokens, stake them, and even borrow tokens in some cases without the need for a traditional intermediary like a bank or a broker. One well-known project is Uniswap on the Ethereum blockchain.

Unfortunately, many issues have hindered the progression of DEFI. In an article published by Yahoo Finance, the barrier to entry and the user experience (UX) were highlighted as the primary reasons that impacted the growth of DEFI.

But don’t worry, like always, we have a solution.

A New Trend Emerging

With the rapid growth of Artificial Intelligence (AI), many people are trying to improve the user experience by creating tools that can enhance the UX and reduce the barrier to entry for regular users. In fact, there’s not much difference between a regular chatbot and a chatbot designed to interact with smart contracts. This makes the transition for retail users as seamless as possible.

Users will now have the ability to manage their portfolio simply by interacting with an AI agent, instead of needing to understand all the complex details of every single blockchain. This is a huge improvement and could lead to a potential increase in the number of investors in Web3.

AI can also help investors spot different trends or suggest investment strategies by learning from the market and identifying patterns. This could also help with one of the issues I raised in another article: Superfruits AI is the solution.

Finally, artificial intelligence can improve the security of DEFI by auditing smart contracts, monitoring the market in real-time, and providing more information to users about the safety of projects.

Here at Superfruits AI, we are building solutions to improve the state of DEFAI. Let me explain how.

DEFI by the Numbers

Right now, the total value locked (TVL) in DEFI is over $40 billion, according to CoinGecko. This is much lower than its peak of $150 billion in 2021, showing that there’s room to grow. DEFAI, which adds the power of AI to DEFI, is also starting to gain traction, with billions of dollars already flowing into AI-driven DEFI projects. As AI improves accessibility and security, the potential for growth is massive.

Securing Web3

The first step we took was to improve security. We built DragonFruit, an AI agent that helps detect any irregularities in smart contracts, provides details on the tokenomics of a project, and gives a risk score to summarize all the information about the token.

But our work doesn’t stop there.

Analyzing the Market

Mango AI, one of our upcoming agents, will provide you with information related to holder profitability, whale transaction tracking, and liquidity monitoring. The purpose of this agent is to give you all the market information you need to make the best decisions about your investments. All of this will be available in a single, easy-to-use space—a game-changer for any Web3 investor.

Finding New Trends

As I said earlier, Web3 is constantly evolving, and new trends are emerging almost every week. This is why we are currently building Kiwi AI, our most promising agent yet, to help you spot new trends and understand where the market is heading.

Bringing It All Together

All of our agents have the potential to improve the state of DEFI in their own way. Now imagine them working together, each bringing insights about a specific project you’re considering, analyzing it from multiple angles faster than any human could.

This isn’t just a dream—it’s the goal of our agents. Bringing the fruits together with the concept of juices creates an incredibly powerful tool that will give you the edge in a market that is tough to understand and analyze fully on your own.

Conclusion

DEFI was one of the strongest narratives during the last bull run. Unfortunately, the barrier to entry and poor user experience made it hard for investors to stick with it, causing the concept to lose traction. Now, DEFAI is emerging as a new trend focused on solving these problems. Here at Superfruits AI, we are building tools to make navigating the crypto space easier and more secure. With our fruits and the other tools we are releasing, we are building for the future—a better, more accessible Web3.

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