INFINIT Expands AI-Driven DeFi With Venus Protocol Integration

INFINIT Labs, the developers of the Prompt-to-DeFi platform, has announced the introduction of a new Venus Agent to its platform that can offer simplified lending and borrowing services to users of Venus Protocol on BNB Chain.

The integration enables customers to browse one of the biggest decentralized money markets of the BNB environment using plain language queries rather than complicated blockchain transactions. The new feature will simplify the implementation of DeFi strategies by utilizing artificial intelligence and decentralized infrastructure of finance, making it more accessible to both new traders and those who are more experienced.

According to INFINIT, the platform is an AI-based Web3 financial execution tool that enables users to research, compose and perform financial operations using straightforward prompts. The platform introduces the Venus Protocol and becomes extended to decentralized lending and borrowing strategies in the BNB Chain ecosystem.

Making DeFi Strategies Easier

Conventionally, users have to go through several processes including connecting wallets, choosing assets, setting collateral ratios, and verifying transactions to interact with DeFi lending protocols. New Venus Agent makes this complexity simple because it enables a user to describe their strategies using natural language.

As an illustration, a user may give a command to deposit stablecoins and borrow one more asset in a particular loan-to-value ratio to the system. The request is then read by the AI agents in the system of INFINIT and the required blockchain transactions are implemented automatically.

This feature, according to INFINIT, eliminates technical hurdles that can make new entrants to the decentralized finance ecosystem a difficult task. Users do not need to study complex interfaces or write code to interact with DeFi protocols; instead, they should be able to interact with them with conversational instructions.

Access to BNB Chain’s Largest Money Market

Another relationship of the integration is the direct linkage of INFINIT users to the liquidity pools of Venus Protocol. Venus Protocol is one of the largest lending markets which is a part of BNB Chain where users can provide crypto assets, earn interest, and borrow against it.

INFINIT allows embedding Venus functionality into the Prompt-to-DeFi platform, which allows customers to integrate lending strategies into larger automated processes. These processes can involve collateral handling, borrowing and other financial activities in the decentralized markets.

The company explains that the new Venus Agent is already capable of supporting core actions like lending assets and borrowing funds without conflicting with BNB Chain infrastructure. This enables the traders and developers to integrate lending activity with other decentralized strategies in the network.

Backing From Major Crypto Investors

INFINIT has received the interest of some of the most renowned Web3 investment companies, such as Electric Capital, Mirana Ventures, and Hashed. Such companies have been behind the development of the platform since it seeks to combine AI technology with decentralized financial systems.

Its strategy is to create a system of AI agents that can understand user intent and convert it into blockchain transactions. The idea behind this concept of agent swarm is to automate financial execution and remain transparent and verifiable on-chain.

Analyzers in the industry consider this model as a continuation of a larger trend of AI-driven automation of decentralized finance. Such platforms as INFINIT have the potential to expand the reach of DeFi to non expert crypto users by decreasing the technical friction of using blockchain protocols.

Expanding the Future of AI-Powered DeFi

The new integration allows users to now add Venus lending and borrowing strategies to AI-based workflows on BNB Chain. In case of increased adoption, prompt financial execution may be a major interface with decentralized applications.

In the case of INFINIT, the mission is straightforward: complex DeFi functions should be converted into easy-to-follow commands that any user can perform. The company is approaching the vision of accessible AI-powered decentralized finance with Venus Protocol now being part of the platform.