Trading ALI Agent Keys
Last updated
Last updated
Once an ALI Agent is created, a bonding curve for that Agent is deployed via a smart contract, automatically granting the creator one Agent "Key." That Key is a tokenized stake in that Agent's bonding curve, representing the Keyholder's "provable claim" to be allocated their relative share of any rewards.
A bonding curve is a mathematical formula that determines the price of an Agent's Key price, based on its current supply, creating a linear pricing mechanism. As more Keys are bought, the price per Key increases according to this curve, and reciprocally, the price decreases as Keys are sold, reflecting the changing supply.
Before buying the Key of an ALI Agent, the user must consider that all transactions on the dApp require the ALI Utility Token on the Base Network to purchase the Key(s), and a small Base ETH gas fee to complete the transaction of Key trading on the Layer-2 Base blockchain network. If a user attempts to purchase an ALI Agent's Key without first funding their dApp wallet, they will be prompted with a pop up that demonstrates that they have insufficient funds in their wallet.
Users also have the opportunity to buy ALI on the Base Network directly in the wallet using a trusted third party, MoonPay.
Any user can purchase an Agent's Keys at a price determined by the Agent's specific bonding curve, and likewise, Keyholders can sell their Keys based on the current price set by this same curve. This mechanism allows for a fluid and market-responsive Key economy around each Agent. Users will find various opportunities throughout the site to explore ALI Agent economies and communities.
When transacting on the Ethereum network and its Layer 2 solutions, like the Base Network, there are associated transaction fees, commonly referred to as "gas fees," which are required to compensate for the computational energy needed to process and validate transactions on the blockchain.
The price of a fee is dynamically calculated by a complex algorithm, which is determined by network congestion, market dynamics, and adjustments to the gas limit. This gas fee algorithm was voted on democratically by voting Ethereum holders and may be changed in the future by a popular vote.
Also, with each bonding curve transaction, 10% of the transaction is taxed and split - 4% is sent to the AI Protocol Distributer contract (2% to the AI Protocol Treasury, 2% to Ecosystem Development), and 6% of which is split between the Agent creator (3%) and the Keyholders of that Agent (3% equally distributed among all Keys).
Legal Disclaimer: Users of the ALIagents.ai platform acknowledge and accept full responsibility for their transactions on the Ethereum and Layer 2 Base networks and the use of their own self-custodial wallet, including but not limited to the purchase, sale, and management of Artificial Liquid Intelligence Agent (ALI Agent) Keys and any Ethereum and/or Base ETH transactions. By engaging in these activities, users agree to release ALIagents.ai and its associated parties from any liability or indemnity that may arise from their transactions on the Ethereum and/or Layer 2 Base networks or self-custodial wallet usage. Users acknowledge that they are operating at their own risk and discretion and must adhere to the terms and conditions set forth by any applicable parties associated with Ethereum Network and Layer 2 Base Netowrks and ConsenSys Software Inc., the owner(s) of self-custodial wallet software(s).
Furthermore, users of ALIagents.ai acknowledge that the platform operates in compliance with international laws governing digital currencies and adheres to the digital asset regulations of Singapore. However, ALIagents.ai makes no promises or guarantees regarding profit or value in relation to any investments or transactions made in ALI Agent Keys, Ethereum, Base Ethereum, the Artificial Liquid Intelligence (ALI) Utility Token, or any other digital assets and/or currencies on the platform. Users must understand that all investments carry inherent risks and should be made with due consideration and under personal responsibility, respecting the legal and regulatory framework of their jurisdiction.
