Initial Agent Offering Mechanism (IAO)
Bitagent uses the Initial Agent Offering (IAO) mechanism, allowing anyone to start their own agent at a low cost. The entire issuance process includes:
Agent Creation: Users can create an agent with zero coding by simply setting up basic information on the creation page. For detailed instructions, please refer to the "Creating an Agent" section in the Developer Documentation.
Token Generation: A dedicated BEP-20 token will be created for each agent, serving as the medium of exchange within its economic system, with a fixed total supply of 10 billion tokens. Of this, 20% will be injected into a DEX liquidity pool at the time of the graduation launch, while the remaining 80% will be allocated for the bonding curve and the DEV Reserve. The specific proportion and usage of the DEV Reserve will be determined by the developer based on project needs and must be clearly communicated to the community. For example, 20% of the reserve can be allocated to incentivize knowledge mining.
Incubation Status: Newly created agents enter the "incubation" status, during which the token price is dynamically adjusted by the bonding curve mechanism. The bonding curve ensures smooth growth in the early stage of the agent's value, attracting community participation.
Graduation Mechanism: When an agent's market value reaches 100 BNB, it "graduates." Bitagent will automatically create a trading pair for the agent on PancakeSwap and inject the accumulated BNB (deducting a 1 BNB service fee) as liquidity, pushing the agent into the public market trading phase.
This mechanism ensures that the entire process of the agent’s creation, incubation, and graduation is driven by market demand and community participation, ensuring a fair start and value-driven growth.
Last updated