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.