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2024-10-10

Prominent Arweave Innovator Launches FusionFi

Author : ArweaveB @ Contributor of PermaDAO

Reviewer : Lemon

Source : Content Guild News


FusionFi, a unified financial protocol built on AO that fuses various types of financial services and promotes smart finance by leveraging artificial intelligence, has launched, the brain behind the idea, Outprog announced during the just concluded Arweave Asia.

The protocol was created to standardise financial interactions, ensure easy interoperability across various use cases such as gaming, social and finance for decentralised applications on AO Computer.

Highlighting the impact of the innovation, Permaswap, which serves as the gateway to FusionFi and leverages the protocol for order book and automated money maker swap functionality.

FusionFi is not restricted to on aspect of business in the DeFi world. It integrates a wide range of services including swaps, lending, futures and stablecoin.

The protocol also incorporates AI agents to enable smart finance. Through FusionFi’s unified framework for financial dialogue, AI agents interact smoothly using the same financial language.

On how the FusionFi ensures security, the protocol maintains indented transaction logs for each trade.

“This prevents transaction failures even during network issues, allowing developers to quickly recover the ledger and safeguard assets,” Permaswap stated.

The concept of FusionFi Protocol was first made public in June 2024 by Outprog.


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