AutoStaking is an AI-powered decentralized finance (DeFi) yield aggregator designed to simplify investment management for stablecoin holders. The platform utilizes artificial intelligence to recommend investment portfolios and employs chain abstraction technology to facilitate complex transactions with a single click. [2]
AutoStaking aims to address the complexities associated with navigating the DeFi landscape, where users often need to interact with multiple protocols to optimize their investment returns. The platform functions as an aggregator, integrating with various established DeFi lending and yield protocols to source opportunities. It is built as part of the Pharos Network ecosystem, which provides the underlying infrastructure for its operations. [1]
The core of the platform is its AI-driven advisor, which analyzes a user's investment profile, including risk tolerance and financial goals, to generate tailored portfolio recommendations. The platform focuses primarily on stablecoin strategies, aiming to provide consistent returns. [2][3]
The AI Investment Advisor is the system's analytical engine. It is designed to function as an automated fund manager. Users provide information about their investment preferences and risk appetite, which the AI uses as input to model various scenarios. The advisor then queries data from integrated DeFi protocols to identify yield-bearing opportunities that align with the user's specified profile. It recommends complete investment portfolios, suggesting specific allocations across different protocols and assets to match the user's goals, whether conservative or aggressive. [2]
The chain abstraction layer is responsible for execution. After a user accepts a portfolio recommendation from the AI advisor, this layer translates the proposed strategy into a sequence of on-chain transactions. The platform displays all associated asset movements and estimated on-chain interaction costs before the user confirms the action, providing transparency into the process. This "one-click" migration is central to the platform's goal of simplifying the user experience. [2]
AutoStaking is backed by and built on the Pharos Network, which serves as its foundational infrastructure layer. Pharos is designed to be a high-performance network capable of supporting innovative DeFi applications that require efficiency and security. [1]
As a yield aggregator, AutoStaking integrates with multiple third-party DeFi protocols to source yield opportunities for its users. The platform analyzes and presents strategies from these underlying sources.
As of its initial launch phase, the platform is integrated with the following protocols:
AutoStaking has a native token that is planned for integration into its ecosystem. [5]
Product development began, and cooperation was established with a high-performance network ecosystem.
Deployment on the Pharos Testnet was completed, alongside collaborations with multiple DeFi projects in the Pharos ecosystem. The platform reported reaching 5,000 paying users, initiated the AutoStaking community, and finalized its pre-seed funding round.
The Pharos Mainnet was launched, with AutoStaking assuming a central role in the ecosystem’s staking module. The team also reported reaching operational break-even. [6]