Jess
Comms at WakeUp Labs
December 17, 2024
Simplifying DeFi through AI agents 🚀
We are excited to announce our new client, Fungi—they are building a set of products that make it simple for people to interact with AI Agents and Crypto.
Our Work with Fungi
At WakeUp Labs, we are working with Fungi to build parts of their tech stack using Rust, a language renowned for its performance, reliability, and security. Rust is a perfect fit for developing the high-performance backend systems that power Fungi’s advanced features, ensuring speed and safety for blockchain interactions.
We’re also utilizing our extensive expertise and leveraging Rust for on-chain smart contracts to build on Solana, a high-performance, non-EVM blockchain renowned for its exceptional speed, scalability, growing user base, and robust liquidity.
Solana’s architecture enables fast transaction processing with low fees, making it an ideal choice for decentralized applications and projects requiring high throughput.
Fungi
@FungiAgent is an AI-powered assistant designed to simplify the complexities of decentralized finance. Acting as an autonomous guide, it seamlessly interacts with users, offering insights and executing tasks across the DeFi ecosystem.
One standout feature is its Social Media Integration, where the agent takes on the role of an educator, independently sharing valuable content about DeFi and AI while actively promoting the Fungi Ecosystem.
Another one is an innovative platform that allows users to access the entire DeFi universe through natural language. This tool facilitates seamless on-chain operations, making interactions as intuitive as chatting with a friend.
Fungi’s natural language platform offers:
On-Chain Operations: Execute a wide range of blockchain actions, regardless of their complexity.
Investment Strategies: Connect with user-created or Fungi-curated strategies, known as Hyphas.
Search Engine: Access real-time information from both the blockchain and the internet.
At WakeUp Labs, we find their approach to exploring innovation at the intersection of blockchain and AI—through initiatives like self-managing agents and DAOs—both intriguing and worth following closely.
With Fungi, we reaffirm our commitment to innovation and to simplifying access to the DeFi ecosystem for all users. Together, we aim to enhance the DeFi experience, making it more intuitive and efficient.
Stay tuned for more updates!
About Fungi.
Fungi develops products that make it simple for people to interact with AI Agents and Crypto.
Follow Fungi on X (Twitter) and LinkedIn 🙌