Griffin AI has made a significant advancement in the decentralized finance (DeFi) sector with the introduction of TEA (Transaction Execution Agent) Turbo on BNB Chain, marking the debut of this innovative execution agent within the platform’s ecosystem. This new tool aims to simplify on-chain actions for users by allowing them to execute DeFi transactions through natural language prompts.
TEA Turbo offers an intuitive chat-native interface, enabling users to perform a variety of actions such as token swaps, yield earning, and asset transfers simply by stating their intentions in plain English. For example, users can instruct the agent with straightforward phrases like “swap 30% stablecoin to BNB” or “earn yield on my idle USDT.” The agent promptly generates a ready-to-sign transaction plan that is both transparent and clear.
Integrating seamlessly with prominent decentralized exchanges (DEXs) like PancakeSwap and 1inch, as well as direct lending capabilities through Aave v3 on BNB Chain, TEA Turbo ensures a robust user experience. The platform employs a deterministic reasoning tree for standard DeFi processes while utilizing large language model (LLM) fallback to handle ambiguous requests, prioritizing both speed and reliability.
The BNB Chain’s infrastructure supports TEA Turbo with its low fees and fast transaction times, fostering a user-friendly environment suitable for mainstream DeFi use. This development coincides with ongoing initiatives by BNB Chain aimed at encouraging AI-driven solutions, adding a user-focused interface to the existing tools available on the platform.
Oliver Feldmeier, Founder and CEO of Griffin AI, highlighted the platform’s ambitions for DeFi adoption, stating, “BNB Chain has the reach and cost profile for mainstream DeFi adoption. But for many, the space is still too complex, full of tabs and the constant fear of a misclick. TEA Turbo changes that.” The objective is to consolidate disparate workflows into a single, effortless chat experience, enabling users to navigate DeFi with greater ease and confidence.
Initially, TEA Turbo offers several functionalities including:
– Swaps with price and routing transparency across PancakeSwap and 1inch before transaction confirmation.
– Options for lending and earning through Aave v3 with direct deposit and withdrawal capabilities.
– Token transfers accompanied by pre-flight safety checks and clear confirmations.
– Inline actions for portfolio management such as checking balances, prices, and open positions.
– Compatibility with various wallets including Binance Wallet, TrustWallet, MetaMask, and Ledger.
The operation of TEA Turbo is straightforward: users express their intentions in a chat format, TEA Turbo constructs an execution plan encompassing balances and fees, followed by user approval within their wallet, ensuring that private keys remain secure.
This launch on BNB Chain comes hot on the heels of a similar release on the Ethereum mainnet, and it forms part of Griffin AI’s comprehensive agent framework, which includes a no-code Agent Builder and other advanced research-oriented agents. Plans for the future include expanding the asset coverage on Aave v3 and integrating with additional aggregators and venues while continuing to utilize a proposal-then-approval model to maintain user trust.
TEA Turbo is now available within the Griffin AI platform at no cost, although standard network and protocol fees still apply. Furthermore, the rollout of the BNB Transaction Agent aligns with the anticipated launch of the Griffin AI token, GAIN, set for September 24.
Griffin AI continues to pioneer the integration of artificial intelligence with blockchain technology, empowering users, developers, and creators with innovative tools for building and monetizing autonomous AI agents in the DeFi arena, all while aiming to redefine the landscape of decentralized finance.
