Institutional-grade oracle infrastructure provider, Chainlink has joined forces with General TAO Ventures (GTV) on its Project Rubicon. The firm confirmed the development on Wednesday on its official X page.
According to the statement, the Project Rubicon is a protocol designed to bridge Bittensor’s subnet alpha tokens to the Base L2 blockchain network. As indicated, partners like Aerodrome and Base will support Chainlink and bring the Alpha tokens to the broader web3 economy.
More so, GTV will integrate Chainlink’s Cross-Chain Interoperability Protocol (CCIP) tapping into its canonical infrastructure for secure cross-chain transfers. As indicated, the project aims to address issues such as limited distribution channels for the token.
The latest innovation addresses this shortcoming by supporting non-custodial liquid staking of subnet Alpha tokens. By that, the project transforms these tokens into ERC-20 compatible liquid staked assets (xAlpha) that can be traded, staked, and utilized in DeFi protocols on Base.
Furthermore, thanks to this design, the innovation allows subnet owners and holders to access global liquidity, while preserving the decentralized integrity of Bittensor’s architecture. Also, the synergy unlocks enhanced yield generation for subnet owners and other Liquid Stakers through LP fees.
Consequently, it provides subnet owners with liquidity without having to sell their underlying subnet owner assets. Meanwhile, the LSA bridge leverages Bittensor-native tooling through the SubTensorEVM, ensuring a secure, audited solution certified by Hashlock.
It is worth mentioning that the initiative emanated after Aerodrome launched the first xAlpha/USDC liquidity pools to enable trading and jumpstart market activity.
Executive insight
The CIO of General TAO Ventures Victor Teixeira said Project Rubicon represents the crossover point where Bittensor can capitalize on its unparalleled intelligence network. By tapping into the infrastructure of Chainlink and deploying on Base and Aerodrome, the CIO stated that the project is building more than a mere bridge.
Teixeira went on to describe the project as the unleashing of an army of subnet teams to conquer new frontiers in Web3 liquidity. Similarly, the Chief Business Officer of Chainlink Labs, Johann Eid mentioned how Chainlink CCIP will serve as the canonical cross-chain infrastructure powering Project Rubicon’s connection between Bittensor’s subnet alpha tokens and Base.
Additionally, the executive said that by adopting the Chainlink standard for interoperability, Project Rubicon is helping bring Bittensor’s decentralized AI subnets into the broader on-chain economy. According to Eid, the integration showcases how CCIP enables new cross-chain markets to emerge with the reliability, security, and scalability that major ecosystems require.
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