The Bitcoin LSTs can be used to power the Talus blockchain's virtual artificial intelligence assistants.
Decentralized blockchain infrastructure provider Ankr will introduce Bitcoin (BTC) liquid staking tokens to AI-focused blockchain Talus starting May 1.
“Bitcoin is not only the oldest blockchain but also continues to have the highest liquidity,” Ankr wrote. “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.”
To engage in Bitcoin decentralized finance (DeFi), users first delegate their BTC to an operator in a restaking protocol, which is then used as collateral for Ankr to create BTC liquid staking tokens (LSTs). In the case of Talus, the Bitcoin LSTs can be used to power the blockchain’s smart agents or AI assistants and their applications, such as “booking travel, making purchases online, and managing portfolios.”
