TechFlow news: Starknet is about to allow artificial intelligence (AI) agents to perform on-chain activities on its blockchain, such as yield optimization and portfolio reconfiguration. Co-founder Renç Korzay stated that AI agents will be deployed on Starknet by the end of June, with other blockchains following suit.
The agents can carry out four main activities: yield aggregation, robo-advisory, liquidity provision, and price trend prediction. These agents can maximize returns by directly executing and signing transactions on lending platforms. The Giza team will review and approve agent strategies to ensure security, and in the future, agents will become permissionless via the Giza protocol. Agents are expected to form a new application layer for Web3, helping heavily regulated industries reduce compliance costs.
Notably, Giza raised a $3 million seed round in July 2023 led by CoinFund, which has driven this initiative.
