Ankr x Talus: Delivering BTC Liquidity To Onchain AI & Smart Agents

Kevin Dwyer

Kevin Dwyer

May 1, 2024

4 min read

Talus.jpg

Ankr is delighted to announce our new integration with Talus, a new AI-focused blockchain network. Through this collaboration, Ankr will provide the Talus Smart Agent Hub access to Bitcoin Liquid Staking Tokens (LSTs). This provides developers on Talus a deep well of previously untapped liquidity for DeFi, allowing for wider DeFi utility, more innovative applications, and expanding the utility of on-chain smart agents on-chain.

What Is Talus?

Talus Network is an AI Smart Agent Hub that utilizes the Move programming language to build in more smart contract security, performance, and object-oriented programming for on-chain AI applications. Smart Agents are AI assistants, one of the most hotly anticipated innovations in AI, that have the power to automate more tasks in day-to-day life, such as booking travel, making purchases online, managing portfolios, and executing a variety of tasks that were previously manually performed. Web3 is the perfect “internet native” framework for Smart Agents, offering tokenization, smart contracts, and immutable record-keeping for AI.

Talus provides Web3 capabilities for tomorrow’s Smart Agents with advanced capabilities for applications in:

  • Decentralized AI consumer applications
  • Data and model ownership/management
  • ML-parameterized DeFi apps
  • Smart Intent Solver Networks
  • Autonomous Liquidity Balancing
  • Evolving-NPCs for Gaming
  • Automated Governance and DAOs
  • Multi-Agent Systems
  • Move language x AI apps

Learn more about Talus

Ankr: Unlocking BTC Liquidity for Smart Agents On Talus

Talus is creating a thriving on-chain economy for smart agents and the value they create. These smart agents will transact based on specified user preferences, opening up a vast range of blockchain use cases. To realize this vision, smart agents need access to diverse pools of capital.

Ankr provides the infrastructure to source this capital across networks, most recently expanding to Bitcoin. Bitcoin is not only the oldest blockchain but also continues to have the highest liquidity. Unfortunately, this liquidity has traditionally been trapped within the Bitcoin L1. With the aid of Ankr’s liquid staking service, Bitcoin can be staked through various Bitcoin restaking protocols. This enables users on the Bitcoin network to earn additional staking rewards while providing other ecosystems access to Bitcoin liquidity.

Via Ankr, smart agents on Talus will be able to tap into this influx of Bitcoin liquidity.

Here’s how it works:

  1. BTC holders delegate their stake to an operator in a restaking protocol.
  2. Ankr creates LSTs (liquid staking tokens) for the staked BTC.
  3. LSTs are bridged to Talus Network.
  4. LSTs are available to be used to power smart agents and smart agent-driven applications.

Empowering the Future of AI-Driven DeFi On Talus

For Talus, sufficient liquidity is required for DeFi maneuvers like atomic swaps, in which smart agents execute multi-step transactions as a single transaction. Each step must be executed simultaneously, or the entire transaction will fail. For example, an agent can take out a flash loan, use the borrowed funds in other protocols, and repay the loan, all in one transaction. Without atomic swaps, an agent could take out a flash loan for an arbitrage opportunity, but then find out that the arbitrage opportunity is no longer available, making the initial loan meaningless. Ankr’s BTC liquid staking unlocks a massive amount of liquidity to ensure that smart agents on Talus can execute simultaneous DeFi transactions like atomic swaps seamlessly.

Final Thoughts

Together, Talus and Ankr are unlocking the true potential of AI smart agents by providing them with extensive liquidity. This will usher in a new era of innovative activity across the on-chain economy.

Learn More About Talus

Talus is building AI smart agents for the people. They are creating a decentralized protocol where individuals can freely exchange data, models, and computational power to make AI transparent and verifiable. By leveraging the security, performance, and developer experience of Move, Talus is the foundation of the Smart Agent Revolution and a new era of consumer AI.

To learn more about Talus, follow them on Twitter, check out our GitHub, and read their Mirror.

Join the Conversation on Ankr’s Channels!

Twitter | Telegram Announcements | Telegram English Chat | Help Desk | Discord | YouTube | LinkedIn | Instagram | Ankr Staking