Author: thedefinvestor Translation: Shan Oppa, Golden Finance

We have been talking about how to bring the next billion users to the blockchain, but the main problem currently is:

Existing on-chain user experience is not ready for mass adoption.

Fortunately, a new narrative that has emerged recently, DeFAI (decentralized finance + artificial intelligence), may finally be able to solve this problem.

Here are the reasons why DeFAI is so important.

DeFAI aims to significantly improve the user experience of DeFi through the use of AI agents that can perform complex tasks on behalf of users.

Imagine a natural language interface similar to ChatGPT that can not only answer questions but also perform on-chain operations. Many DeFAI projects are building such functionality.

For example, if you want to exchange 0.1 ETH to SOL:

Traditional way: required Find a bridging protocol to cross-chain the assets to Solana, then find a Solana decentralized exchange (DEX), and finally perform the exchange.

This process can be very complex and time-consuming for those new to cryptography. With the AI-driven interface, you only need to enter the command: "Convert 0.1 ETH to SOL" and let AI handle the rest.

This simplification can save a lot of time and effort for both newbies and regular DeFi users.

1.Hey Anon

Hey Anon was developed by Daniele Sesta Project by Daniele Sesta is the creator of multiple DeFi projects that were very successful during the 2021 bull cycle.

The project is launched on a new L1 blockchain called Sonic.

Its upcoming artificial intelligence interface will allow users to execute swaps, open leveraged trades, bridge funds, and borrow tokens from the money market.

Artificial intelligence robots essentially convert natural language commands into on-chain actions.

2.Griffain

Griffain is a general DeFAI platform that allows users to Complete a wide range of on-chain tasks such as:

•Issue new tokens

•Automatically Make an airdrop

•Buy all tokens mentioned in someone’s tweet

•Decide whether to buy a certain token based on the tweet

•Set a take-profit order for a certain token you hold

Griffain is online, but access rights are required to use it .

3. Mode Network

Technically speaking, Mode Network is a platform focusing on DeFi Ethereum L2.

But I included it on this list because the project was investing heavily in AI agent narratives before they even existed.

Some of the top DeFi AI agents built on Mode include:

•Modius: an AI Strategist for optimizing DEX liquidity mining.

•ARMA: Automatically deploy stablecoins to the highest yielding opportunities on Mode.

•AmpliFi: A platform that allows users to create custom AI-driven income/trading strategies.

You can find more similar protocols in Mode’s AI Agent app store.

If you are a narrative trader, it is recommended to pay attention to the dynamics of the DeFAI field. It seems to be the hottest direction right now. Keep in mind, though: DeFAI is still in the very early stages of development, and 95% of current projects may not ultimately survive.

So, if you buy tokens from certain DeFAI projects, be sure to pay close attention to the latest developments in the field. I think DeFi will benefit greatly from this new narrative.

DeFi needs significant user experience improvements to bring the next billion users to the blockchain, and DeFAI’s AI agents can radically improve on-chain user experience.