LAY Token

An overview of LAY distribution and tokenomics.

Contract addresses

Base

0xb89D354AD1b0d95a48b3De4607F75a8cD710c1bA

Solana (bridged via Wormhole)

sRCDYrKbg186hfdrVnY3K8WTeW13cj7M25sA1Kvx2f7

Vesting contract for team & advisors (Base)

0x0a0518086736C90FB8Cc91121f3Fa3FC8Ab472C0

Airdrop contract (Base)

0xEd13dF0bf2C90a33A2FaA305e78a8844a4F8dFfb

Burnt tokens

0x000000000000000000000000000000000000dEaD

Treasury/Community incentives (Base)

0xa4E4F118645f28B0d5BEc2E6d6C1c943A34F22b2

Initial Distribution

Holdings	Tokens	Share	Vesting
Liquidity	100,000,000	10%	none
Airdrop	300,000,000	30%	none
Team	300,000,000	30%	6 months cliff, 2 years linear
Advisors	20,000,000	2%	2 months cliff, 2 years linear
Community incentives	280,000,000	28%	2 years linear
Total	1,000,000,000	100%

Burn Events

Up-to-date stats: loomlay.com/burn

Date	Burned Tokens	Comment	Announcement
Jan 7, 2024	257,367,503	Burned unclaimed airdrop tokens	Link
Jan 20, 2024	276,685,225	Burned team, advisory, and treasury tokens	Link

Utility

Agent Token Listings Paired with LAY

All newly launched agent tokens are automatically paired with $LAY through a one-sided Uniswap v3 pool. This ensures that every agent token purchase or sale is routed through $LAY, providing consistent liquidity and utility for the token.

Agent Runtime & Plugin Usage

Developers can create AI agents and plugins on Loomlay, setting their usage prices in $LAY. Running agents, maintaining them, and utilizing Loomlay's built-in AI models require $LAY, driving consistent token demand. A portion of each payment is burned, reducing the total supply.

Fee Structure

Buy Volume Fees

• A 1% fee is collected from all agent token buy transactions:

  • 50% is distributed to the agent's creator (claimable every 24 hours, provided the creator holds the agent's NFT).

  • 50% is burned.

Sell Volume Fees

• A 1% fee is collected from all agent token sell transactions:

  • 100% is burned.

Builder Opportunities

• Agent Creation: Mint an NFT for your agent.

• Token Launch: Launch an ERC-20 token for your agent, automatically paired with $LAY on Uniswap V3.

• Initial Liquidity: Token pools start with a market cap of 1 ETH.

• Earning Mechanism: Creators earn a share of the buy volume fees, with earnings tied to token activity and agent performance.

Future Enhancements

Loomlay plans to introduce additional monetization features for creators:

• Plugin Monetization: Charge for plugins that extend agent functionality.

• Marketplace Integration: Monetize agents through listings on the Loomlay marketplace.