Rivus DAO
Liquid Staking on the Bittensor Network
Rivus DAO is a cryptocurrency protocol that aims to unlock DeFi on AI protocols/ecosystems by offering LSD services to blockchains such as Bittensor. Like Lido Finance, Rivus DAO offers a liquid staking solution through rsTAO, in which users can earn staking rewards while staying on the Ethereum Network. Earning rewards on digital assets becomes quite accessible through liquid staking derivatives. There are many benefits of introducing a Liquid Staking Token (LST) for TAO such as it can be used as collateral in DeFi activities and at the same time earn stakes for it.