Have you heard of Enshrined On-chain AI (EOAI), or is this your first time? 🤔

Let's break it down simply and explain why it’s a game-changer for DeFi! ⤵

1/5. DeFi Growth vs. Traditional Finance 🗯

Despite its rapid growth, DeFi remains small compared to traditional financial systems.

In 2024, Ethereum’s DEXes led with $512M spent on gas, but DeFi still has under 7 million monthly active users, far fewer than the billions using traditional banking. 📈

2/5. Challenges in DeFi 🗯

DeFi faces hurdles like complexity and chain fragmentation as protocols launch their own blockchains. This leads to liquidity splits and operational difficulties, slowing adoption.

3/5. AI as a Simplifier 🗯

AI can revolutionize DeFi by solving key challenges.

It can analyze markets in real-time, identify optimal rates, execute cross-chain trades, and streamline tasks like smart contract interactions and risk management.

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