Starknet, an Ethereum layer-2 blockchain, is set to revolutionize on-chain activities by introducing AI agents that can autonomously perform tasks such as optimizing yield and reallocating portfolios.
Giza, the company leading this innovative effort, has recently raised $3 million in a pre-seed funding round led by CoinFund. These AI agents, set to be deployed on Starknet by the end of June, will initially focus on activities like yield aggregation to maximize returns by navigating various yield avenues.
These AI-driven tools on Starknet will not only optimize returns but also function as robo-advisors to assist users in managing their investment portfolios based on individual risk appetites. The Giza team is currently in a beta phase where they audit and approve agent strategies to ensure security, with plans to eventually allow the agents to operate in a completely permissionless manner through the Giza Protocol.
The introduction of AI agents also promises enhanced functionalities like providing liquidity on decentralized exchanges and making leveraged bets on price movements. These capabilities are supported by Starknet’s use of zero-knowledge proofs (ZK-proofs), which ensure privacy and security while allowing complex computations to be verified directly within smart contracts.
Future releases of Giza Agents will enable
- Native protocol integration in Agents for easier user interactions
- Managed wallets by Giza. On-chain verification of inferences in any proving system
- Agents dashboard to visualize and monitor Agent actions
- Continuous model iterations in Agents to prevent model decay
- Integration of LLMs to bridge the UX gap between retail users and decentralised digital services. Add planning to use LLMs as composable models to ZKML models that are the last mile in smart contract interaction
- Account abstraction integration for a streamlined user onboarding
This development signals a significant shift towards integrating AI with blockchain technology, aligning with industry insights from leaders like Ava Labs founder Emin Gün Sirer and cautions from Ethereum co-founder Vitalik Buterin on the prudent integration of AI in blockchain operations.
Such advancements could potentially open up blockchain technologies to billions of new users, reshaping how smart contracts are utilized and managed in the digital economy.