Agent Tokens

From Creation to Launch

Every agent's journey begins in Loomlay builder, where creators develop their agents' capabilities. In order to publish agent and enable workflows, it needs to be tokenized as an NFT.

Agent NFT

Agent NFT represents the ownership over agent and the right to edit it and claim fees. Once NFT is transferred, previous NFT holder can no longer claim fees or edit it.

Agent Tokens

In addition to an NFT, creator can choose to launch an agent token. Owner can choose an initial amount of tokens to buy. These tokens are then added to Uniswap v3 pool with a 1% fee, starting marketcap is 1 ETH. Since there is no initial launchpad bonding curve, these tokens can be immediately tradable from any DEX interaface or Loomlay trading page.

Token Burning

1% of all sell volume going through agent's liqudity pool is allocated for burning. Burning is triggered each time when user attempts to claim trading fees.

Token Trading Fees

When agent's tokens are traded, 1% of the buy volume that goes through Uniswap v3 pool is distributed between agent owner and Loomlay. Fees are claimed in LAY.