ai16z tokenomics discussions

# ai16z Tokenomics Discussions [toc] :::info This is mostly a scratchpad for brainstorming thoughts, not final copy / proposals! ::: --- ## Proposal Answers to Top FAQ **Overview** As mentioned, I've analyzed the past 4 days of discussions and aim to address the most burning questions and topics ya'll had. Based on the details in the tokenomics proposal, here are some initial answers and high level overview: **Phase 1: Launchpad (Q1 2025)** This was an acquisition play with ready-for-market tech and a solid technical team. It aims to serve as the schelling point for innovation on the Eliza framework, including agent-to-agent interactions (swarms), multi-chain integrations, and other frontier advancements enabled by Eliza's plugin architecture. - Value capture mechanisms include launch fees, $ai16z token staking for access, and liquidity pool pairings with $ai16z. - A curation process will involve ai16z partners vetting and endorsing high-quality projects. Systemizing / scaling the "Shaw" social signalling model. - Post launch, **code will be progressively open-sourced** so the community can collaborate on it. **Phase 2: Ecosystem Growth / Incentive Alignment** The goal of this ecosystem is to have multiple products add value to each other and inextricably tie value to the $ai16z token. The analogy here would be how $ETH or $SOL underpins most core decentralized infra built on top of it (e.g. used as collateral, base trading pairs etc). The argument here is if ai16Z is building decentralised AGI then its token should be the medium that aligns its actors to get there. - Projects / Devs will be incentivized through ecosystem funds, potential investment from the autonomous investor, and fee sharing from the launchpad. - Buyback and burn mechanics using launchpad fees are being explored as a value accrual strategy. **Treasury Strategy** The treasury will be diversified across major L1 tokens, stablecoins, and select project tokens. It will provide liquidity support and incentives for $ai16z pairs while maintaining a long-term approach to sustain projects through market fluctuations without reactive selling. **Key Considerations** - Aiming to align incentives, attract developers, and foster long-term adoption within the ai16z / Eliza ecosystem. - Technical specifics like fee structures and liquidity ratios are being finalized to balance simplicity, sustainability, and adaptability. - The launchpad seeks to compliment, not compete with, community efforts, offering unique benefits and open source components while remaining optional for projects. - Flexibility and iterative updates based on market conditions and community feedback will guide ongoing development. --- :::info This is mostly a scratchpad for brainstorming thoughts, not final copy / proposals! ::: --- ## Phase 1 Proposal Overview The goal is to build a self-sustaining economic system that aligns the interests of individual projects with the overall growth of the ai16z ecosystem by making it easier for projects to launch, grow, and maintain liquidity. When a new AI project launches its token on the platform, users can trade that token for SOL, wherein the LP generates a small fee, collected by the platform. The Launchpad splits this fee in two: 1. Half of the fee is used to buy back $ai16z tokens from the market 2. The other half of the fee is paired with the newly bought $ai16z tokens to create a special pool of funds that provides extra liquidity for the new project's token This special pool brings more stability to both tokens and encourages growth for $ai16z and the new token. The Launchpad also has a unique way of handling the fees collected from the special pool. The $ai16z portion goes to the DAO treasury, project tokens are rebalanced back to the main trading pool to keep liquidity high. --- :::info This is mostly a scratchpad for brainstorming thoughts, not final copy / proposals! ::: --- ## Summary of December 19-23 Discussions Here is an overview of the key themes and ideas emerging from the tokenomics discussions among ai16z partners over the past week: The main challenge is that while the Eliza agent framework is thriving in terms of adoption and technical innovation, the $ai16z token currently lacks strong mechanisms to accrue value, leading to misaligned incentives. The partners recognize this needs to change to sustain ai16z's momentum. Key proposals and ideas being debated: 1. Launching an official ai16z launchpad for Eliza-based agent projects. This is seen as the primary way to implement "flywheel" tokenomics that drive value to $ai16z. Suggested mechanics include taking a % of launch fees, requiring $ai16z holdings for allocation, using $ai16z for initial agent offerings, pairing agent tokens with $ai16z in liquidity pools, and more. 2. Implementing a community "curation" process where ai16z partners vet projects before launching, to maintain quality and align them with the ai16z brand. Could involve staking and slashing. 3. Making $ai16z the base currency for agent-to-agent transactions and an "App Store" for agent services. Positioning ai16z as an L1 blockchain for AI. 4. Incentivizing developers to build on Eliza through ecosystem funds, revenue shares, and support for third-party launchpads. Balancing this with ai16z's own value capture. 5. Treasury management - diversifying DAO treasury while avoiding selling agent tokens, providing liquidity selectively, enabling staking. 6. Other ideas like token buyback and burns, hardcoding agent creation fees, etc. These had mixed views. Overall, there is strong consensus that major tokenomic upgrades are urgently needed to better capture the value that Eliza is creating. An official launchpad is the leading proposal, but with healthy debate on the details and trade-offs. There is excitement about ai16z's long-term potential to become an L1 for AI if the tokenomics and ecosystem are done right. But also a recognition that moves need to be carefully considered in light of regulatory scrutiny. The sentiment is positive on ai16z's fundamental strengths and the caliber of projects launching on Eliza. But impatience is growing among partners and the community to see concrete tokenomic initiatives that can drive sustainable value and realize ai16z's full potential as a leader in decentralized AI. --- :::info This is mostly a scratchpad for brainstorming thoughts, not final copy / proposals! ::: --- ## Comparison to Proposal - Extension: .md - Language: markdown - Size: 2923 bytes - Created: 2024-12-25 19:44:43 - Modified: 2024-12-25 19:44:43 Here is a summary of the key ideas from the Discord chats and how they compare to the current proposal: Key Ideas from Discord Chats: 1. Create an official ai16z launchpad for Eliza-based projects. This would be the key mechanism to implement flywheel tokenomics that accrue value to the $ai16z token. Ideas include taking a fee on launches, requiring $ai16z holdings for allocations, making $ai16z the purchase token for agent offerings, providing liquidity via $ai16z pairs, and supporting launched projects. 2. Have the DAO curate/endorse quality projects launching on the platform to maintain standards and reputation. A rotating board could review applications. 3. Implement staking of $ai16z to get benefits like early access and fee share. This drives demand and reduces circulating supply. 4. Use launch fees and LP profits to buyback and reinvest in Eliza development vs burning. This supports the ecosystem. 5. Provide liquidity mining incentives and locking to stabilize LP and incentivize long-term providing. 6. Long-term, position ai16z as an L1 for AI to cement its status and value. Development should be open-source with node incentives. 7. Be wary of selling DAO treasury tokens as it looks bad. Focus resources on widening Eliza's moat as the top framework. 8. More analysis is needed before committing to any complex tokenomic changes. Simplicity and sustainability should be priorities. How this Compares to the Proposal: The current proposal captures most of the key ideas from the Discord discussions, particularly around the phased approach moving from an official launchpad (Phase 1) to a full Eliza ecosystem with products that feed value to $ai16z (Phase 2) and eventually an ai16z L1 (Phase 3). Some additional ideas worth considering from the discussions: - Having the DAO/partners curate which projects get "official" endorsement on the launchpad to maintain quality - Specifics around liquidity mining incentives to stabilize LP and retain stakeholders - Using buybacks to reinvest in Eliza development vs just burning - More emphasis on resourcefulness to make Eliza the preeminent platform as the core value driver - Reminders to keep initial iterations simple and sustainably balance incentives across stakeholders But overall, the proposal does a thorough job translating the Discord brainstorming into a coherent, staged roadmap. The main opportunity is adding more tactical details in some areas while retaining flexibility to adjust based on initial results. Given the fast pace of AI development, speed balanced with stability is key. My recommendation would be to start executing Phase 1 quickly to establish a flywheel and leadership position, while continuously getting community feedback and analyzing results to optimize future phases. The strong fundamentals of Eliza combined with intelligent economic design can accelerate ai16z's mission significantly. ## File: partners/chat_2024-12-19.md - Extension: .md - Language: markdown - Size: 1355 bytes - Created: 2024-12-25 19:34:19 - Modified: 2024-12-25 19:34:19 Here are the key ideas and discussions related to ai16z tokenomics from the latest chat log: 1. Concern that despite impressive growth metrics like GitHub activity and the Stanford partnership, ai16z's price is not reflecting these due to lacking tokenomics. 2. Belief that crypto folks are familiar with the "revolutionary tech but poor tokenomics" issue and won't accept it this time. ai16z may continue losing mindshare and price to newer Solana projects with better tokenomics inspired by Virtuals. 3. Suggestion that taking care of token holders who put skin in the game should be a priority. The vibrant community of developers, investors, and supporters is a key reason many projects want to integrate Eliza beyond just the tech. 4. When asked for specific ideas to improve the tokenomics/flywheel, suggestions included: - Emulating the Virtuals flywheel - Adding ai16z to the whitelist and using a % of DAO fund profits to buy it (like degenAI) - Making ai16z the currency for agent-to-agent (a2a) transactions - An official launchpad where ai16z donations are compulsory vs optional The overall sentiment is that while the tech and ecosystem are thriving, major tokenomic changes are urgently needed to better capture value for ai16z holders. There is strong desire from the community to contribute ideas and see the team prioritize this. --- :::info This is mostly a scratchpad for brainstorming thoughts, not final copy / proposals! ::: --- ## File: partners/chat_2024-12-20.md - Extension: .md - Language: markdown - Size: 2133 bytes - Created: 2024-12-25 19:36:44 - Modified: 2024-12-25 19:36:44 Here is a summary of the key ideas and sentiments expressed by the ai16z partners in this Discord chat about tokenomics: Key Ideas: 1. Acknowledge the community's concern that the core team hasn't addressed tokenomics much publicly. Partners suggest the team tweet that they are actively working on tokenomics, even without specifics, to reassure holders. 2. Create an official ai16z launchpad for Eliza-based projects. This would be the key mechanism to implement flywheel tokenomics that accrue value to the $ai16z token. Ideas include: - Take a fee on launches (like OpenSea/PumpFun models) - Require holding $ai16z to get allocation in launches (like Binance) - Make $ai16z the token to purchase Initial Agent Offerings - Have launched projects pair their tokens with $ai16z to provide liquidity - Provide additional support to launched projects (collaboration, investment, promotion) 3. Enable a community "curation" process where partners/DAO members can review and vouch for serious projects before launch. Helps reduce low-quality or scam projects. 4. Implement a token-based reputation system. AI agents can earn or lose rep based on performance and user feedback. $ai16z holdings weight the feedback. Projects can lock $ai16z to show commitment. 5. Do not increase $ai16z token supply. Find other ways to accrue value without dilution. Sentiment: - Strong consensus that current tokenomics relying on donations is insufficient. Major concern from investors. - Excitement and alignment around creating an official launchpad as the key tokenomics initiative. Seen as essential to create a flywheel like Opensea, Binance, etc. - Belief that ai16z's brand, tech and community are a big competitive advantage for a launchpad. Curation by the DAO could be a key differentiator. - Desire to implement tokenomics in a way that doesn't compromise the open-source ethos of Eliza. - Confidence that with improved tokenomics, $ai16z should be a top valued token given the strength of the underlying tech. - Urgency to implement upgrades soon to reverse negative price action and FUD. But also patience to do it thoughtfully. --- :::info This is mostly a scratchpad for brainstorming thoughts, not final copy / proposals! ::: --- ## File: partners/chat_2024-12-21.md - Extension: .md - Language: markdown - Size: 2419 bytes - Created: 2024-12-25 19:38:03 - Modified: 2024-12-25 19:38:03 Here is a summary of the key ideas and sentiments expressed by the ai16z partners in this Discord chat about tokenomics: Key Ideas: 1. Continuing the discussion on an official ai16z launchpad for Eliza-based projects as the central mechanism for tokenomics and value accrual. More specific ideas include: - Requiring projects to provide liquidity in an ai16z/project token pool. ai16z side could come from the DAO treasury initially. - Using LP fees to buyback and burn ai16z, creating a flywheel. Excess ai16z could go back to providing liquidity for new projects. - Tiered access to launches based on ai16z holdings (e.g. 100k for "Partner" tier) - Profit sharing between the DAO treasury and project teams - Locking liquidity but distributing trading fees (like Meteora) 2. Recognizing the costs and challenges of running Eliza agents at scale. Whoever runs the launchpad needs to be prepared to cover hosting costs. Eliza framework may need optimization for large scale deployments. 3. Exploring other ways for the DAO to utilize the donated project tokens beyond just selling. Ideas include providing single-sided liquidity or using tokens to incentivize Eliza development. 4. Longer term, the AUM in the DAO treasury could be used to directly invest in and incubate promising teams building on Eliza. This would be more impactful than just having a launchpad. 5. Regarding the Aiko project's request for a token grant, using milestone-based vesting and DAO voting is suggested if it's pursued. But there are concerns about setting a bad precedent. Sentiment: - Increasing conviction that an official launchpad is key, but it must be done thoughtfully to drive sustainable value, not just short-term hype. Simplicity is best. - Belief that strong tokenomics can close the valuation gap with competitors like Virtuals. Perception matters as much as actual revenue/burn. - Excitement about the burgeoning AI x Crypto space. ai16z is well positioned to be a leader, but tokenomics need to catch up to the tech. - Cautiousness about setting bad precedents with the DAO treasury, even if intentions are good (e.g. Aiko proposal). - Eagerness to explore ways to make the ai16z token more fun and engaging for the community. Staking, new utilities, etc. - Pride in the open, bottom-up nature of ai16z vs more top-down competitors. But a recognition that some level of centralized push is needed for the tokenomics. ## File: partners/chat_2024-12-22.md - Extension: .md - Language: markdown - Size: 2231 bytes - Created: 2024-12-25 19:39:17 - Modified: 2024-12-25 19:39:17 Here is a summary of the key ideas and sentiments expressed by the ai16z partners in this Discord chat about tokenomics: Key Ideas: 1. Core team should take the lead on putting together a coherent tokenomics proposal document to review and debate, rather than relying solely on scattered Discord discussions. This will help focus the conversation and get everyone aligned. 2. Acknowledgement that the donation model for partner projects has flaws and isn't sufficiently aligned. The DAO treasury can't easily utilize or realize value from the donated tokens. 3. Suggestions that Eliza-based projects like Eliza should be more explicit in clarifying they are not officially affiliated with ai16z to avoid confusion and "rug" accusations that reflect badly on ai16z. Even if it hurts their own token price. 4. Belief that strong tokenomics and narratives can drive significant price appreciation even if the actual revenue/burn mechanisms are not substantial. Perception matters. 5. Continued confidence in the long-term potential of the AI x Crypto space and ai16z's positioning, but recognition that tokenomics need to catch up to the tech to realize that potential. Sentiment: - Some frustration with the current DAO meta of all talk and no action. Desire to see ideas consolidated into concrete proposals vs scattered discussions. - Concern about the Eliza team facing backlash due to affiliation confusion, but also a feeling that they are benefiting from the association so it's on them to clarify. - Excitement about new agent/AI developments like Scarlett and how they can be integrated into the ai16z ecosystem. - Continued bullishness on ai16z's long-term prospects, especially relative to the rest of the crypto market. Belief that organic catalysts can drive significant appreciation. - Eagerness to see the launch of concrete tokenomics initiatives to capture the protocol's full potential. But also patience to do it right and not rush into short-term inflationary moves. Overall, the sentiment remains positive on ai16z's fundamental positioning, but with an increasing urgency to implement robust tokenomics. There is a desire to transition from open-ended discussions to focused proposals and action plans. ## File: partners/chat_2024-12-23.md - Extension: .md - Language: markdown - Size: 2463 bytes - Created: 2024-12-25 19:40:29 - Modified: 2024-12-25 19:40:29 Here is a summary of the key ideas and sentiments expressed by the ai16z partners in this Discord chat about tokenomics: Key Ideas: 1. Excitement and curiosity around Skely's innovative AI-powered token launch using TEEs (Trusted Execution Environments). The AI agent has its own wallet inaccessible to anyone and facilitates the entire process. Seen as an improvement over traditional smart contract launches. 2. Concerns that the uncapped nature of the "donation" period and lack of clear communication could lead to confusion and frustration among participants. Suggestions that a hard cap and commitment to refund excess contributions would be prudent. 3. Worries that the high-profile nature of the launch (raising over $6M in a few hours) could attract negative media attention and "copycats", putting ai16z in an awkward position given Skely's association with the DAO. 4. Discussions around whether Skely's launchpad will have its own token or use ai16z/degenAI tokens. Some partners hoping it will pump their bags, others preferring a separate token to avoid dilution. 5. Shaw floating the idea of an official "Partnerships" page on the ai16z website to showcase endorsed projects and allied organizations. Aim is to provide clarity on the DAO's associations and support long-time contributors. Sentiment: - Mix of FOMO and apprehension around Skely's launch. Excitement about the novel tech, but concerns about execution and potential fallout. - Eagerness among some to participate and "get in early", tempered by warnings from others to exercise caution given the red flags (uncapped raise, vague terms, recycled social accounts). - Expectation that the launch will attract major attention (both positive and negative) given the sums involved. Hopes it doesn't reflect badly on ai16z. - Appreciation for Shaw's efforts to better define and showcase ai16z's partner ecosystem. Seen as a way to reward loyalty and contribution. - Overall, a sense that the incident highlights the challenges of operating in the open source AI x Crypto space. Constant push-pull between innovation and responsibility, opportunity and risk. The chat underscores both the incredible dynamism and the "Wild West" nature of the AI agent economy. Events like Skely's launch are redefining what's possible technically and financially, but also exposing fault lines around governance, communication and brand management for DAOs like ai16z operating at the cutting edge. ## File: regen-tokenomics/2024-12-20.md - Extension: .md - Language: markdown - Size: 2353 bytes - Created: 2024-12-25 19:28:08 - Modified: 2024-12-25 19:28:08 Here is a summary of the key ideas and sentiments expressed in the tokenomics discussion: 1. Launching an official Eliza/ai16z launchpad for new agents - General agreement this is a good idea and should not involve a new token, just use ai16z - Mixed opinions on whether new agent tokens should be paired with ai16z in LPs or not - Suggestions that a % of launchpad fees could go to the DAO treasury 2. Incentives for developers building on Eliza - Broad agreement developers should be rewarded, possibly through a % of fees when their plugins/integrations are used - Payments could be in USDC rather than the developer's token to avoid inflating value - Quality of projects/developers in the ecosystem is important to maintain 3. ai16z tokens being used for agent-to-agent (a2a) transactions - Seen as a good potential source of demand/utility for ai16z token - Could allow ai16z to become the base currency for an "L1 for AI agents" 4. Buy backs and burns of ai16z tokens - Mixed views. Some think it's a strong narrative that has worked well for BNB - Others believe it would be mostly optics unless generating huge revenues like BNB - Concerns around regulatory/securities issues if buybacks are promised 5. Staking ai16z tokens to earn new agent tokens launching on Eliza launchpad - Seems to have positive sentiment as a way to drive utility and reduce circulating supply - Could allow users to "delegate" tokens to specific agents they want to support 6. Selling off underperforming agent tokens the DAO receives - Broadly seen as a bad idea that signals a lack of confidence in the ecosystem - Important to support developers and projects for the long-term, even if slow to take off initially 7. DAO treasury management - Agreement that treasury needs diversification, not just held in ai16z tokens or SOL - But also a recognition that selling off agent tokens the DAO owns is problematic - Suggestion that ai16z could use its ecosystem to help accelerate high potential projects Overall, lots of creative ideas with a focus on incentive alignment, supporting developers, and driving sustainable utility and value to the ai16z token. But also a recognition that perception and optics matter. Most seem wary of short-term value extraction plays that could undermine confidence, like selling off tokens or unsustainable buyback promises. ## File: regen-tokenomics/2024-12-21.md - Extension: .md - Language: markdown - Size: 2411 bytes - Created: 2024-12-25 19:30:12 - Modified: 2024-12-25 19:30:12 Here is a summary of the key ideas and sentiments from day 2 of the tokenomics discussion: 1. Concerns about an official ai16z launchpad - Requires a dedicated team to build and maintain which may stretch resources - ai16z should avoid being valued as a "cash flow business" based on launchpad revenues - May make ai16z look like a security to regulators and limit exchange listings - Launchpads tend to go to zero in bear markets - If a launchpad is pursued, it should be done by third parties, not "officially" by ai16z 2. Hardcoding the Eliza agent creation to pay a % to the DAO treasury - Relatively easy to implement in the short-term to drive value - Users unlikely to care much about paying a slightly higher creation fee - Those who object can modify the code themselves 3. ai16z should aim to become an L1 "gas token" long-term - An L1 blockchain is how ai16z can reach $100B+ valuation - ai16z needs to be blockchain agnostic though, not tied to any specific L1 - Development should be open-source with incentives for node operators - Would need to handle issuance of a new token with extreme care 4. Mixed views on using DAO treasury for liquidity pools (LPs) - One view: A portion of the treasury that will never be sold could be put to use in LPs to collect fees and cover impermanent loss - Opposing view: This risks getting stuck holding "badcoins" if they go to zero. Better to avoid LPs and focus resources on building the core protocol 5. Ideas for capturing more value from the Eliza ecosystem - An "app store" model where devs can sell "Agents-as-a-Service" with ai16z as the currency - Having the agent creation flow send SOL to set up a 2-way pool (new token/SOL and new token/ai16z) - Bounties and incentives for devs to build valuable plugins and integrations 6. Other thoughts - More analytical analysis needed before committing to any specific model - Focusing resources on widening ai16z's moat and making Eliza the preeminent framework is key - Partnering with and supporting other Eliza launchpads may be better than trying to compete with an official one The sentiment seems to be shifting away from an official launchpad as the best path forward, with more interest in finding ways to capture value and drive demand for ai16z at the protocol/L1 level. But a recognition that any major moves need rigorous analysis and careful rollout given the regulatory environment. ## File: regen-tokenomics/2024-12-22.md - Extension: .md - Language: markdown - Size: 2131 bytes - Created: 2024-12-25 19:31:38 - Modified: 2024-12-25 19:31:38 Here is a summary of the key ideas and sentiments from day 3 of the tokenomics discussion: 1. Speed is of the essence given the rapid pace of AI development - Multiple launchpads using Eliza are emerging and the space is moving quickly - ai16z needs to move decisively to secure its lead and build a moat, potentially by focusing on becoming an L1 for AI - Short-term flywheel needed to maintain attention on Eliza while pursuing longer-term L1 goal 2. Potential official ai16z launchpad with a curation/"blue check" process - Anyone can permissionlessly launch but only some get vetted and earn a "seal of approval" - Curation could be done by rotating board of ai16z partners with diverse skill sets - Process: 1) Agent/project applies and makes case 2) App public for feedback 3) Board decides - Staking ai16z to get blue check also proposed, with slashing if project rugs - Curation would lead to higher quality projects and associate them with the ai16z brand 3. Clarifying the mechanics and benefits of pairing new agent tokens with ai16z in an LP - If done at Token Generation Event (TGE) when price is low, ai16z appreciating faster than agent token is unlikely - Impermanent loss mitigated by being earliest liquidity provider and collecting fees - Long-term, tokens get "trapped" in LPs, reducing circulating supply - Wintermute-style approach - being an LP in vetted projects only and rewarding them 4. Other thoughts and ideas - A "cultural agent swarm" ecosystem of NFT "decc0s" characters being built on Eliza - An decentralized App Store model where devs can sell "Agent-as-a-Service" and ai16z is the currency - Vana as an interesting project to study - an L1 focused on user-owned data and "data DAOs" - Eliza inside logo as decentralized identity (DID) and intellectual property (IP) marker The sentiment seems to be converging on a two-pronged approach: 1) Some form of curated "official" launchpad in the short/medium term to maintain Eliza's momentum and 2) A longer-term push to make ai16z an L1 to cement its status. More rigorous analysis and head-to-head testing of ideas is the logical next step. ## File: regen-tokenomics/2024-12-23.md - Extension: .md - Language: markdown - Size: 2105 bytes - Created: 2024-12-25 19:32:46 - Modified: 2024-12-25 19:32:46 Here is a summary of the key ideas and sentiments from day 4 of the tokenomics discussion: 1. ai16z should have one official launchpad for Eliza agents - Enables ai16z to control the launchpad, branding, and value accrual mechanisms - Fragmenting liquidity and efforts across multiple launchpads not ideal - ai16z is and will be the biggest agent framework, so dedicated platform is needed 2. Details emerging on the upcoming official ai16z launchpad - Will open source code after initial launch in early January, enabling collaboration - Partners will get preview and chance for input before public announcements - Developers will join discussions soon to get in sync with community 3. Plugin support is key differentiator for launchpads - ai16z launchpad can collaborate with community to add/improve plugins - Curation of plugins is valuable, users don't want every option 4. Examining what's working well for other launchpads like Virtuals - ~12k total agents launched, generating $40M+ in LP fees - Virtual tokens provided by users get locked in LP, serving as a burn/sink - Even low quality agents get bid up due to demand to enter Virtual ecosystem - ai16z could see huge price increase with similar tokenomic design 5. Continued debate on how many "official" ai16z launchpads there should be - Some argue for multiple to avoid stifling other devs building on Eliza - Others say one official pad is needed to maximize value accrual to ai16z - vvaifu founder interested in pivoting to use ai16z, will submit proposal 6. Next steps and open questions - Detailed proposals coming soon from @mark and @Double Agent, and vvaifu - How to properly incentivize other launchpads to drive value to ai16z? - Possibility of multi-currency bonding curves to bootstrap agent liquidity The sentiment seems to be converging on having one official ai16z launchpad to maximize control and value accrual, while still enabling an ecosystem of Eliza launchpads. Lots of anticipation for the upcoming proposals to define the tokenomic details. Learning from the success of models like Virtuals is a priority. --- ## Visuals ### Test Phase 1 ```mermaid graph TD A[Project Launches] --> B[Liquidity] B --> C[Staking] C --> D[Value Accrual] D --> E[Ecosystem Development] E --> A F[$ai16z Token] --> A F --> B F --> C F --> D F --> E A -.-> F B -.-> F C -.-> F D -.-> F E -.-> F ``` - Each stage node has a different color: - Project Launches: Blue - Liquidity: Green - Staking: Yellow - Value Accrual: Red - Ecosystem Development: Purple - The arrows pointing from the $ai16z token to each stage are solid, indicating the token facilitates that stage - The arrows pointing from each stage to the $ai16z token are dashed, indicating that stage indirectly drives value to the token ```mermaid graph TD classDef default fill:#fff,stroke:#333,stroke-width:2px; classDef token fill:#f9f,stroke:#333,stroke-width:4px; classDef launch fill:#9ff,stroke:#333,stroke-width:2px; classDef liquidity fill:#9f9,stroke:#333,stroke-width:2px; classDef staking fill:#ff9,stroke:#333,stroke-width:2px; classDef value fill:#f99,stroke:#333,stroke-width:2px; classDef development fill:#99f,stroke:#333,stroke-width:2px; A[New Eliza-based projects launch on the platform]:::launch --> B[Projects and the DAO provide token liquidity in $ai16z pairs]:::liquidity B --> C[Users stake $ai16z to get access, rewards, and governance rights]:::staking C --> D[Fees and liquidity flow to the $ai16z token]:::value D --> E[Profits are reinvested into tools, grants, and ecosystem initiatives]:::development E --> A F{$ai16z Token}:::token --> A F --> B F --> C F --> D F --> E A -.-> F B -.-> F C -.-> F D -.-> F E -.-> F ``` --- ### Current ```mermaid flowchart TB dao["Ai16z DAO (Holds Treasury, decides governance)"] treasury["DAO Treasury (Holds $ai16z + Fees)"] eliza["Eliza Platform (Agent Launchpad) - Launch Agents - Collect Fees (1%) - Manage LP Rewards"] pools["Agent Token + $ai16z Liquidity Pools (e.g. AItoken/ai16z)"] lp["Liquidity Providers (Supply Liquidity)"] stakers["$ai16z Stakers (Early Access, Voting Power, Fee Share)"] devs["Developer Ecosystem - Contribute to Eliza - Build new Agents - Earn $ai16z from DAO + LP fee pools"] compute["Decentralized Compute Providers (e.g. Hyperbolic) - Payment in USDC/SOL - % swapped & burned - $ai16z discount"] dao --> |"Governance Votes"| treasury dao --> |"Buy-back & Reinvest"| treasury treasury --> |"Rewards & Grants"| pools treasury --> |"Allocates Funding"| pools eliza <--> |"Interacts"| pools pools <--> |"Liquidity Flow"| lp eliza --> |"Staking"| stakers stakers --> |"Earn Fees"| eliza devs --> |"Compute Partnerships"| compute ``` ```mermaid lowchart TB subgraph "Base Layer: SOL/AT CP Pools" CP[Constant Product Pool\nx*y=k formula] NewProj[New Project Token] SOL[SOL] Fees[Trading Fees] end subgraph "Evolution Layer: ai16z/AT DLMM" DLMM[Dynamic Liquidity\nMarket Maker Pool] Bins[Concentrated Liquidity Bins] PriceControl[Enhanced Price Control] end subgraph "Market Mechanics" Discovery[Price Discovery] Arbitrage[Arbitrage Opportunities] ValueAccrual[Value Accrual] end %% Base Layer Connections NewProj --> CP SOL --> CP CP --> Fees %% Evolution Criteria Fees -- "Meets Maturity Threshold\n(Market Cap or Trading Volume)" --> DLMM %% DLMM Components DLMM --> Bins Bins --> PriceControl %% Market Mechanics CP --> Discovery DLMM --> Discovery Discovery --> Arbitrage Arbitrage --> ValueAccrual %% Value Flow ValueAccrual --> |"Buy Pressure"| ai16z[/"$ai16z Token"/] classDef default fill:#fff,stroke:#333,color:#000 classDef highlight1 fill:#333,stroke:#333,color:#fff classDef highlight2 fill:#2a4d69,stroke:#333,color:#fff classDef highlight3 fill:#1b4d3e,stroke:#333,color:#fff class CP highlight1 class DLMM highlight2 class ValueAccrual highlight3 ```

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H~2~O	H₂O
++Inserted text++	Inserted text
==Marked text==	Marked text
[link text](https:// "title")	Link
![image alt](https:// "title")	Image
`Code`	`Code`	在筆記中貼入程式碼
```javascript var i = 0; ```	`var i = 0;`
:smile:		Emoji list
{%youtube youtube_id %}	Externals
$L^aT_eX$	L^aT_eX
:::info This is a alert area. :::	This is a alert area.