Wednesday, December 6, 2023
No Result
View All Result
CONTACT
First Crypto News
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
No Result
View All Result
First Crypto News
No Result
View All Result

DeFiLabs: Introducing Artificial Intelligence in the Age of DeFi. Code Audit done by Certik

by firstcryptonews
September 6, 2022
in Press Release
DeFiLabs: Introducing Artificial Intelligence in the Age of DeFi. Code Audit done by Certik

The crypto market has witnessed several ups and downs over the years, but the recent market crash got investors thinking about making amends to their portfolio approach and building one that remains least affected by market fluctuations and delivers constant profits. In this period, staking emerged as the primary investment choice amongst crypto enthusiasts, owing to its regular yield of profits, along with returns through the growth in the value of tokens. The value locked in the DeFi space increased tremendously from $275 million in early 2019 to a staggering $247.48 billion in Dec 2021. And this led to the emergence of DefiLabs, a project that employs Artificial Intelligence to manage asset allocation, diversify the portfolio, and recommend high-yielding liquidity pools to users.

DefiLabs is a decentralized platform that allows users to invest in the most profitable options with minimum risks. By using AI, it dynamically manages the portfolio and helps bypass or eliminate market risks. DefiLabs has been delivering superior returns, as high as an APY of 443%.

Project Smart Contract Audit by Certik

The DeFi industry is completely based on the trust we put in the code. Since smart contracts are immutable and cannot be changed once they’re deployed, code security must be perfected before release. Here, Certik is a blockchain security firm providing the industry-leading cutting-edge Formal Verification technology on smart contracts and blockchain networks. DefiLabs also underwent this rigorous audit by Certik, and the report turned out to be great.

DefiLabs Staking

DefiLabs’ focus on staking is due to the latter’s increased popularity and its ability to deliver a substantial passive income. Staking is a way of locking one’s holding in smart contracts and generating a passive income. Proof-of-Stake blockchains rely on their model to verify transactions on the blockchain. In addition to that, it promotes the project’s economy, with users holding on to their tokens rather than trading them off at short intervals. It’s one of the safest ways to secure a regular stream of funds largely unaffected by market fluctuations.

Benefits of DefiLabs

  • Safety:

DefiLabs relies on smart contracts to carry out operations and employs the most advanced security protocols, making it one of the safest platforms in the DeFi space.

  • Reduced risk:

Operations executed manually are bound to run into errors once in a while, no matter how efficient these are. But, with the use of AI, DefiLabs has managed to reduce risks and eliminate errors altogether. It ensures investment in suitable projects and effective portfolio management. 

  • 24×7 Availability:

The DefiLabs team is available 24×7 to help users get acquainted with the platform and resolve any queries they may have. The all-around customer support ensures that users worldwide receive immediate assistance, with the time-difference playing no role whatsoever.

  • Community-based platform:

Decentralization has, of late, become the key to the success of projects, and when its coupled with user-oriented policies employed by DefiLabs, users are in a great experience. DefiLabs believes in the participation of the community in all decisions and allows investors to share their views on all significant changes.

If you have been looking for a platform to help build an exemplary portfolio, DefiLabs would be a great choice. The use of AI in the DeFi space is a relatively new concept, and the initial days would be the most profitable. So, go ahead and register on DefiLabs without any delay.

To find out more about DefiLabs, visit the official website: https://defilabs.farm/

Also, follow DefiLabs on all social channels to stay updated with the latest developments and offerings.

Twitter: https://twitter.com/defilabs_farm

Facebook: https://www.facebook.com/DefiLabs-102149172444349/

Instagram: https://www.instagram.com/defilabs.farm/

Telegram: https://t.me/defilabs_farm / https://t.me/defilabs_cn

YouTube: https://youtube.com/channel/UCTvqADvK4R9Pg_OwvPladEg

 

Related Posts

Revolutionizing AI: ALAYA AI’s Sustainable Community Business Ecosystem

Revolutionizing AI: ALAYA AI’s Sustainable Community Business Ecosystem

by firstcryptonews
December 6, 2023
0

ALAYA AI, a pioneer in distributed artificial intelligence data platforms, is proud to announce the launch of its innovative platform...

ElmonX Unveils Van Gogh’s Masterpieces “Meules de blé” and “Cabanes de bois parmi les oliviers et cyprès” in Groundbreaking NFT Release

ElmonX Unveils Van Gogh’s Masterpieces “Meules de blé” and “Cabanes de bois parmi les oliviers et cyprès” in Groundbreaking NFT Release

by firstcryptonews
November 26, 2023
0

Two Iconic Works Fetched a Combined Total of $107,205,000 at Auction – Now Transcending Art with a Digital Renaissance on...

Neobank startup iPeakoin raised nearly $10 million Series A from Zhenfund

Neobank startup iPeakoin raised nearly $10 million Series A from Zhenfund

by firstcryptonews
November 23, 2023
0

iPeakoin, an innovative neobank building solutions across traditional finance and crypto, recently closed its Series A, "close to ten million...

The Next Evolution of Blockchain Hybrid Infrastructure THXNET. Launches its Main-net To Support Its Web3-as-a-Service Offerings

The Next Evolution of Blockchain Hybrid Infrastructure THXNET. Launches its Main-net To Support Its Web3-as-a-Service Offerings

by firstcryptonews
November 23, 2023
0

In a major leap for the digital age, THXLAB proudly announces the public launch of THXNET. main-net going live. THXNET....

Save Earth Mission’s Community Shatters Records with 9x Returns Poll Win

Save Earth Mission’s Community Shatters Records with 9x Returns Poll Win

by firstcryptonews
November 8, 2023
0

Save Earth Mission is taking an extraordinary leap towards environmental stewardship by offering a monumental 9x return on investments to...

The Symbiotic Relationship between Halving and Bull Runs in Cryptocurrency

The Symbiotic Relationship between Halving and Bull Runs in Cryptocurrency

by firstcryptonews
November 8, 2023
0

Introduction Let's embark on an exciting journey into the world of BitcoinCode (BTCC) (https://bitcoincode.technology/) , a recent entrant in the...

Next Post
ChocoDoge: Innovating Entertainment with NFT

ChocoDoge: Innovating Entertainment with NFT

Recommended

Crypto for a Cause: Blockchain Education & Innovation

Crypto for a Cause: Blockchain Education & Innovation

1 year ago
Blue Chip Comics Announces Launch of BattleSpecies NFT, the Future of Digital Art

Blue Chip Comics Announces Launch of BattleSpecies NFT, the Future of Digital Art

9 months ago
intelligent hero

Why Intelligent HERO is an important platform ?

4 years ago
Bitcoin Could Be Set For Major Boost Following Trump’s Threat Of ‘Very High Tariffs’ To The EU

Bitcoin Could Be Set For Major Boost Following Trump’s Threat Of ‘Very High Tariffs’ To The EU

4 years ago
BIXEN pursuing an IPO on the NASDAQ in 2023.

BIXEN pursuing an IPO on the NASDAQ in 2023.

1 year ago
New Collection Allows Users to Mint Their Own Family Coat of Arms and Discover the Significance of Their Last Name

New Collection Allows Users to Mint Their Own Family Coat of Arms and Discover the Significance of Their Last Name

1 year ago

First Crypto News

First Crypto News

First Crypto News is the Fastest Crypto News Portal. We Bring the Best and We Bring it Fast.

Bitcoin

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

June 21, 2021

Recent News

ElmonX Unveils ‘Moona Lisa’: A Digital Collection by World-Famous Street Artist Nick Walker

ElmonX Unveils ‘Moona Lisa’: A Digital Collection by World-Famous Street Artist Nick Walker

September 6, 2023

Press Release

Revolutionizing AI: ALAYA AI’s Sustainable Community Business Ecosystem

Revolutionizing AI: ALAYA AI’s Sustainable Community Business Ecosystem

December 6, 2023

© 2020 First Crypto News

No Result
View All Result
  • Home
  • World
  • Science
  • Tech

© 2020 First Crypto News