The decentralized financial platform Coinfello has released a major update to its AI agent-powered platform, designed to allow cryptocurrency users to create, execute, and automate complex on-chain strategies using simple language prompts. The update introduces an intent-driven infrastructure that eliminates manual multi-step interactions with the interface. This allows users to describe a financial strategy once, and the agent will manage its execution, monitoring, and security mechanisms in the background.
Traditionally, managing yield strategies, portfolio rebalancing, or monitoring loan health required simultaneous use of multiple decentralized applications (dApps), manual transaction approvals, and round-the-clock market monitoring. The updated platform, known as Fello 2, replaces these complexities with a single command. Upon receiving the command, the agent analyzes conditions, forms an execution plan for user verification, and ensures continuous background tracking.
According to a press statement, users with standard externally owned accounts (EOAs) can instruct an agent to monitor existing positions for changes in risk or yield without creating a new wallet. A wallet with automation functionality is only required when authorizing active fund transfers. Operating on a non-custodial delegation model, the agent never holds private keys and actively conducts pre-transaction checks to reject phishing attempts during approval, wallet-draining scripts, and blind signing requests.
Minchi Park, COO and co-founder of Coinfello, stated that natural language interfaces eliminate a fundamental misconception in the Web3 user experience, separating the mechanics of tools from financial literacy. Park emphasized that users who understand financial risks and hedging are often hindered not by financial logic, but by the operational costs associated with navigating multiple chains, wrapping tokens, and managing protocol approvals.
"It's not the learning curve of financial knowledge. It's the learning curve of the tools, and we've been confusing the two for years," said Park. "Plain language eliminates the need to learn that at all."
Park explained to Bitcoin.com News the key operational principles underlying agent automation. She noted that while cryptocurrency users rarely abandon a service during the initial setup phase, they often leave after a few weeks due to maintenance fatigue—for example, from unclaimed yield, position drift, and missed rebalancing. Furthermore, simple automated tools fail because they execute basic thresholds without priority logic.
Agents operating on plain language, in contrast, excel at handling complex exceptional situations—for instance, prioritizing margin protection over principal debt repayment during volatile overnight market drops. These AI agents eliminate bias related to sunk costs and human hesitation, calculating true net yield considering gas, bridge, and protocol fees, while preferring to remain on standby when capital movement is unprofitable.
Redefining dApp Competition
As agent workflows expand, Park predicts that dApp interfaces will become secondary to contract comprehensibility and net performance.
"If the user's entry point is a prompt, your interface stops being an evaluation criterion," said Park. "The dApps that will succeed in this world are not the ones with the best interface. They will be the ones whose economics can withstand honest evaluation from someone unimpressed by a landing page."
Alongside the launch of Fello 2, Coinfello introduced a rewards program paid in MON—the native token of the Monad network. During the initial promotional period, Coinfello will refund 100% of eligible swap fees to active users and their referrals. Users receive a permanent share of swap fees generated by their direct referrals, with no cap on the amount.
Future updates will allow earned rewards to be directly credited to a self-custody account managed by Fello for automatic compound interest accrual.
"The hardest thing about DeFi is not one thing, but two: knowing the right thing to do, and then actually doing it, over and over again," said jacobc.eth, co-founder and CEO of Coinfello. "With one query, Fello 2 turns manual process steps into automated actions. You set up the process once, and the automation system manages the schedule, stages, and interim conditions itself—in your own wallet, with no operation performed that you have not approved."
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