Overview

Decentralized AI is accelerating rapidly, with new ecosystems and projects constantly emerging. In theory, Web3 AI agents should have a core advantage over their Web2 counterparts: because they're built on the blockchain, they have the ability to interact with existing crypto infrastructure. But to date this vision has not been realized, as the use cases for decentralized AI have largely been constrained to tokenized versions of centralized AI products like chatbots.

Existing DeFi applications are built for humans, not agents. Most DeFi apps are not on the same blockchains where agents are deployed, making it impossible to realize the full potential of decentralized AI.

TaoFi solves this by meeting agents where they are. TaoFi is a suite of foundational DeFi products on Bittensor, the home of decentralized AI. These products will serve agents and human users alike, with a focus on unlocking new, crypto-enabled AI use cases. TaoFi's initial products include a bridge, stablecoin (taoUSD), liquid staking token (sTAO), and decentralized exchange.

TaoFi is build by contributors from the Sturdy protocol and Bittensor Subnet 10.