While billionaire investors may have greater access to resources, they are not immune to risk when it comes to decentralized finance or DeFi. Even though DeFi has been generating a lot of hype recently and you may be experiencing FOMO (Fear Of Missing Out) about investing, it's critical to conduct research and understand the risks first. A general idea of what to expect from DeFi is provided in this article.
RoboFi is a DeFi platform that empowers an automated trading robot powered by AI, Blockchain, and an algorithm that makes it easier for people to earn from cryptocurrency. RoboFi relies on sophisticated technologies to scan the cryptocurrency market for possibly profitable trades and automatically execute trades. The platform is fully automated as it uses technologies like artificial intelligence (AI), machine learning (ML), and Blockchain.
The rise of decentralized finance (DeFi) has been explosive in dollar terms over the past year. The total value locked in DeFi on the Ethereum blockchain soared to nearly $200 billion last year. However, this impressive growth in dollar terms primarily reflects a positive valuation effect.