The Convergence of AI and DeFi: Decentralized Finance
So you hear a lot about blockchain these days, and DeFi pops up all the time as this big shift away from banks. Decentralized finance basically lets people lend, borrow, trade, and earn interest on crypto without middlemen. It runs on smart contracts, those self executing bits of code on networks like Ethereum. But here's where it gets interesting; AI is starting to mix in, making things smarter and faster. I've been following this for a while, and it feels like we're at the start of something that could change how money moves online. Think about it. DeFi has grown huge, with billions locked in protocols, but it's still clunky. Users chase yields manually, risks pop up unexpectedly, and strategies require constant tweaks. AI steps in to handle the heavy lifting; analyzing data in real time, predicting trends, and automating decisions. This article dives into how AI optimizes yield farming, manages risks in protocols, and automates investments all in a trustless setup w...