- If you ask Fello to keep an eye on your holdings, it will identify any significant changes (such as a drift, a risk of liquidation, or a higher yield elsewhere).
- Only the rights that the user permits are granted to it using a delegation paradigm, and any permission may be withdrawn at any moment.
- A new Rewards Program is launched at the same time. A user receives a portion of the swap fees, paid in MON, for each qualified trade they make via Fello.
Today, CoinFello, the first AI agentic product for using and automating all of DeFi from a single interface, released Fello 2, their most recent agent. With this significant Fello upgrade, users can now explain any onchain approach in simple terms. In order to let the user to continue with their day, Fello will first ascertain the user’s purpose, create a plan for their review, and then, with their consent, keep it running in the background.
Manually doing DeFi often entails starting and authorizing each transaction, cross-referencing numerous numbers across many dApps, and ensuring that all order details are specified appropriately. That is replaced by a single prompt in Fello 2. “Every Friday, move some idle USDC into the best stablecoin pool, but if any position gets within 15% of liquidation, add margin first, then tell me what you did,” is an example of a complex prompt that a user can write for a DeFi strategy. The agent reads each condition, completes the steps sequentially, and reports back at the time the user requested. CoinFello puts it thus way: you explain DeFi rather than doing it.
EOA users don’t need anything to get started. If you ask Fello to keep an eye on your holdings, it will identify any significant changes (such as a drift, a risk of liquidation, or a higher yield elsewhere) without requiring you to fund a new wallet. Users are only requested to fund an Automation Wallet they control when they want Fello to respond to such warnings and transfer money.
Additionally, Fello 2 carefully examines and evaluates what it is requested to sign. It rejects transactions designed to empty a wallet, blind-signing requests, and approval-phishing efforts. It also won’t accept more permissions than the user gives. Additionally, a user’s keys are never held by the agent. Only the rights that the user permits are granted to it using a delegation paradigm, and any permission may be withdrawn at any moment. A rewards scheme that allows you to profit from both your own and your referrals’ exchanges.
A new Rewards Program is launched at the same time. A user receives a portion of the swap fees, paid in MON, for each qualified trade they make via Fello. Additionally, users get a portion of the revenue made by anybody they recommend, provided that individual continues to swap.
CoinFello will reimburse users and their referrers for any swap fees generated on approved activity during a restricted launch period. Users and referrers are anticipated to continue earning at the program’s usual rate after that time frame concludes. Before the launch time expires, the corporation promised to provide information about the standard split and the date of the transition.
The CoinFello app‘s Rewards dashboard displays rewards from both sources, which may be claimed to a wallet under the user’s control. The amount that may be earned during qualifying activity and the number of recommendations a person may make are both unlimited. under order to compound the gains, CoinFello also intends to allow users to deposit claimed awards into a self-custodial account that is handled by Fello; however, this functionality is still under development and is not yet accessible.
The hardest part of DeFi isn’t one thing, it’s two: knowing the right move, and then actually making it, over and over again. Bridge, swap, stake, check back at midnight to see if the rate moved, rebalance a portfolio manually in a week, and repeat. That whole process eats up hours of your time, even for someone who is comfortable with DeFi. Through a single prompt, Fello 2 transforms the manual steps in the process into automations. You describe it once, and the automation handles the schedule, the steps, and the conditions in between. And importantly, on a wallet you own, with nothing executed you didn’t approve,” said jacobc.eth, co-founder and CEO of CoinFello. “And from today, 100% of the fees generated from swaps go back to the people making them, not to us. That is the version of onchain finance I actually want to use.”
Availability
Fello 2 is now accessible and serves as the default agent for all new chats on app.coinfello.com. In the Rewards area of their account, users may establish a referral link at app.coinfello.com/rewards.
CoinFello is an agentic platform for onchain action research, execution, and automation. Users may keep complete control over their wallets and private keys while sending, swapping, bridging, staking, creating LPs, and automating their DeFi tactics over EVM-compatible networks using simple code. Because CoinFello employs a delegation architecture, Fello is only granted the rights that users decide to give it.
Monad is an institutional-grade, high-performance Layer 1 blockchain that provides unbiased, open access to financial markets. Without the need for specialized hardware, Monad offers 10,000 TPS, 300 ms block times, 600 ms finality, and very little fees. It is fully EVM compatible. The network operates on consumer-grade devices, enabling decentralized network management and accessible participation. Currently, the chain is secured by over 200 independently operated validators spread across more than 55 cities and 30 countries.
