LAY Token
An overview of LAY distribution and tokenomics.
Contract addresses
Base
Solana (bridged via Wormhole)
Vesting contract for team & advisors (Base)
Airdrop contract (Base)
Burnt tokens
Treasury/Community incentives (Base)
Token Distribution
Liquidity
100,000,000
10.0%
none
Team
200,000,000
20.0%
6 months cliff, 2 years linear
Advisors
13,000,000
1.3%
2 months cliff, 2 years linear
Community incentives
110,000,000
11.0%
2 years linear
Claimed Airdrop
42,947,271
4.3%
none
Burned Tokens
534,052,729
53.4%
none
Total Supply
1,000,000,000
100.0%
Burn Events
Up-to-date stats: loomlay.com/burn
Jan 7, 2024
257,367,503
Burned unclaimed airdrop tokens
Jan 20, 2024
276,685,225
Burned team, advisory, and treasury tokens
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.
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