🧭AI Assistant

What is AI assistant and how does it work?

Aspis introduces an AI assistant that operates 24/7, providing:

• Simple Explanations: Translates DeFi jargon into everyday language for quick user comprehension.

• Personalized Recommendations: Agents can adjust to each user’s risk appetite and profit targets, creating tailored suggestions.

• Real-Time Portfolio Monitoring: Automated alerts on price changes, big market swings, or achievement of certain ROI thresholds.

• Conversational Command: Beyond just seeing data, you can talk to your assistant to rebalance or exit a position.

• Expansion Capabilities: Aspis aims to deploy personal AI assistants for each user, giving a truly bespoke experience—like having a personal DeFi wealth manager on call.

Example of User Onboarding:

User Scenario:

User A, who is new to Aspis Protocol, is curious about investing but feels overwhelmed by the various Vaults available. He also doesn't understand what a Vault is, how it works, or how to choose the best Vault that suits him.

Onboarding Process with AI Assistant:

1. Initial Interaction:

   • User A opens up a chat with the AI assistant. The assistant greets User A in a friendly manner, ready to help with any questions.

2. Basic Education:

   • User A asks basic questions about DeFi and Vaults. The AI assistant provides simple and clear explanations:

     • What is a Vault? "A Vault is a decentralized asset management pool where your funds are managed by smart contracts according to specific strategies set by professional managers."

     • How does a Vault work? "When you invest in a Vault, you receive LP tokens that represent your share of the Vault. These tokens give you voting power and the ability to participate in financial decisions."

3. Risk Assessment:

   • The AI assistant asks User A a series of questions to measure their risk appetite:

     • Risk Tolerance: "On a scale of 1 to 10, how comfortable are you with taking financial risks?"

     • Investment Goals: "Are you looking for steady growth, high returns with higher risk, or a balanced approach?"

     • Investment Horizon: "How long do you plan to keep your funds invested in the Vault?"

4. Personalized Recommendations:

   • Based on User A’s responses, the AI assistant suggests a few Vaults that match their risk profile and investment goals:

     • Low Risk Vaults: "These Vaults focus on stable, low-risk investments. Suitable for conservative investors."

     • High Yield Vaults: "These Vaults aim for high returns but come with higher risk. Suitable for aggressive investors."

     • Balanced Vaults: "These Vaults offer a mix of risk and return. Suitable for moderate risk-takers."

5. Risk Warning and Performance Guidance:

   • The AI assistant warns User A about the risks involved with investing in Vaults:

     • Risk Disclosure: "Investing in Vaults carries risks, including potential loss of principal. Make sure you diversify your investments."

     • Performance History: "Here is the past performance of the suggested Vaults. Remember, past performance is not indicative of future results."

6. Interactive Support:

   • User A asks follow-up questions about specific Vaults:

     • Question: "How did Vault X perform during the last market downturn?"

     • AI Response: "Vault X managed to maintain a steady performance during the downturn, thanks to its diversified strategy and low-risk assets."

7. Continuous Monitoring:

   • After User A invests in a Vault, the AI assistant continuously monitors the investment and provides real-time updates and alerts:

     • Performance Alerts: "Your investment in Vault X has increased by 5% this month."

     • Risk Alerts: "Market volatility is high. Consider reviewing your investment strategy."

By following this process, the AI assistant ensures that User A is well-informed, confident, and comfortable with their investment decisions, enhancing their overall experience on the Aspis Protocol.