The problem # DeFi Companion solves
Navigating the DeFi market can be daunting, especially for newcomers who face the following challenges:
- Overwhelming Information: The rapid influx of new tokens and market developments makes it difficult for users to stay informed and make educated investment decisions.
- Data Fragmentation: Crucial information is scattered across various platforms, complicating the process of gathering and analyzing data for informed decision-making.
- Risk Management: New investors often struggle to assess the risk associated with different tokens, leading to potential financial losses.
How Our Solution Addresses These Problems
- Streamlined Information Access: Our AI-powered chatbot consolidates information about new and existing tokens, making it easily accessible and understandable for users.
- Comprehensive Data Analysis: By aggregating data from multiple sources such as CoinMarketCap (CMC) and Moralis, and utilizing advanced AI algorithms, the chatbot provides a thorough analysis of tokens, including historical performance and market trends.
- Personalized Investment Advice: The chatbot offers personalized investment suggestions based on user preferences and risk tolerance, helping users make informed and safer investment decisions.
- Emphasis on Independent Research: While providing valuable insights, the chatbot also encourages users to conduct their own research, promoting responsible investing practices
Challenges we ran into
DEX: Connecting Two Chains
- Issue: The verification signature was not functioning correctly in the smart contract for the DEX.
- Resolution: Debugging this issue was a time-consuming process. We meticulously traced the problem through multiple contract interactions, eventually identifying the root cause and applying the necessary fixes to ensure seamless chain connectivity and accurate signature verification.
Chatbot: Data Integration and Analysis
- Issue: Aggregating data from various sources like CoinMarketCap (CMC) and Moralis, and utilizing advanced AI algorithms to provide comprehensive token analysis posed significant challenges.
- Resolution: We implemented robust data integration pipelines to harmonize data from disparate sources. Additionally, we fine-tuned our AI models to ensure accurate and insightful analysis, ultimately enhancing the chatbot's capability to deliver precise and relevant information to users.