Popular DeFAI currency Nillion is coming soon! Nillion demonstrates how AI agents are not given the opportunity to compromise security.

The two major desires of Decentralized Finance (DeFi) have always been to improve user experience and strengthen security. These are the key factors in attracting billions of users to the Web3 world. However, over the years, complex interfaces, technical jargon, and cumbersome operational processes have deterred many potential users. Now, DeFAI (an AI-driven Decentralized Finance application) and Nillion are working together to change the status quo by introducing innovative solutions that provide users with a simple, intuitive, and secure Decentralized Finance experience through artificial intelligence (AI) and advanced security technology.

Nillion, a new project, announced in December last year that its mainnet will be launched in February 2025. Recently, it has showcased the security protection capabilities that Nillion brings to AI agents, which has increased the anticipation of secret verification participants for Nillion's airdrop and its development this year. Nillion may be one of the hottest AI tokens at the moment.

(Nillion successfully completed the Verifier project, and the community worked together to complete 195 million secret verifications)

What is DeFAI? Redefining the interactive experience of Decentralized Finance with AI

Imagine your Decentralized Finance experience being as simple as chatting with ChatGPT. This is exactly what DeFAI wants to achieve: to replace tedious operations with natural language interfaces, allowing users to complete financial transactions through dialogue. From asset management to trade execution, DeFAI's AI Agent automates operational details, making Decentralized Finance smarter and more approachable.

Security is of utmost importance: Nillion Secret Weapon SecretSigner

While user experience is important, another core challenge of Decentralized Finance is security. Here, Nillion's SecretSigner tool plays a crucial role. It provides a secure foundation for DeFAI smart agents, allowing users to trust the agents to execute transactions without worrying about private key leaks or asset theft.

DeFAI and Nillion collaborate to strengthen security: AI agent essential infrastructure

How does the intelligent agent of DeFAI achieve both intuitiveness and security? This is inseparable from the support of Nillion Signature technology. Here are the key tools and operation methods:

1. Security signature function of Nillion LangChain tool

Nillion's SecretSigner technology allows users to store the private key of their ETH account as 'secret' data and grant AI smart agents the computational permission for the private key. It is worth noting that the agent never directly 'sees' or processes the plaintext private key, and can only perform signing operations in a secure environment. Users always maintain control and can revoke the agent's computational permission at any time to ensure security.

2. Decentralized Finance transaction workflow creation tool

To simplify the operation of Decentralized Finance, AI intelligent agents are equipped with specialized trading tools that cover the entire process management from token exchange to transaction creation:

Exchange tool: Agents can conduct price inquiries, find the best token exchange rates on platforms such as Uniswap, and evaluate liquidity to optimize trade execution.

Trading Construction Tool: The agent can generate exchange transactions or token authorization transactions (approval transactions), automatically calculate parameters such as slippage, gas fee, and token amount to ensure the correct execution of the transactions.

With Nillion's infrastructure and tools, DeFAI Smart Proxy can handle all transaction details while ensuring the security of private keys.

Nillion Technology Practical Application: Do not let AI agents have the opportunity to violate security

Nillion released a demo video of this technology on 1/18, where you can see how users can request AI agents to 'buy coins' and have their security guaranteed by Nillion.

Store private key: The user stores the ETH private key in Nillion and grants the AI agent computing permission.

Simulated trading: The user instructs the agent to purchase ETH worth 1 US dollar. The subsequent operation is fully handled by the agent:

Check the data: Agent queries the price and liquidity to ensure the transaction is feasible.

Authorized Token: The agent generates an authorization transaction that allows the router to use the user's USDC and use Nillion to securely sign the transaction.

Executing Exchange: The agent creates exchange transactions, sets all parameters (such as slippage and gas fees), and completes the transaction using Nillion signature.

Token received: After the transaction is completed, the user will receive the exchanged WETH and can view the on-chain results through the transaction hash.

The future of Decentralized Finance: intuitive, intelligent, and secure

This demonstration proves that DeFAI agents combined with Nillion's signing technology make Decentralization finance simpler and more secure. From querying data to signing transactions, AI intelligent agents handle the tedious steps automatically, and users don't need to dig deep into the technical details to participate in Decentralized Finance. This intelligent, secure approach will be a key driver of Decentralized Finance's mass adoption.

This article on popular DeFAI coins Nillion is coming soon! Nillion's demonstration of how to give AI agents the opportunity to violate security first appeared in Chain News ABMedia.