Summary:
This proposal is requesting Gauge whitelisting approval for a Fraxtal Curve Tri-crypto-swap pool composed of DKDEFI, IQYIELD and BTCWITCH tokens. Gauge Contract: 0x9972D7993d8C6D048CA78F067AdC6808886067f5
The tokens in this pool are AI Agent Utility Memecoins deployed via the Agent Tokenization Platform by IQ AI. Each of the three tokens are backed by an AI Agent. Each AI Agent deploys various on-chain DeFi strategies to generate yield, which is then used to increase the value of the Agent’s token through buy-and-burns as well as buying-and-depositing into Agent-Owned-Liquidity.
Agent DK (DKDEFI) specalizes in batch swap arbitrage trading, sophisticated LP networks and concentrated liquidity strategies.
Agent IK (IQYIELD) specalizes in HiIQ staking and incentivized IQ liquidity pools.
Agent Luna (BTCWITCH) specalizes in BTC strategies including cross chain WBTC arbitrage.
Each token has an annualized deflation rate between 4%-7%.
References/Useful links:
The Curve Pool Requesting Gauge Whitelisting Approval: Curve.finance
Gauge Contract Address: 0x9972D7993d8C6D048CA78F067AdC6808886067f5
The Agent Tokenization Platform Homepage: https://iqai.com/
DK’s ATP dAPP Page: IQ AI | Alive Agent | $DKDEFI
IK’s ATP dAPP Page: IQ AI | Alive Agent | $IQYIELD
Luna’s ATP dAPP Page: IQ AI | Alive Agent | $BTCWITCH
Protocol Description:
Tokens deployed via the Agent Tokenization Platform start at a value of approximately $0.00021 per token. DKDEFI ATH Price was $0.0032. Current DKDEFI price is $0.0016. IQYIELD ATH was $0.0025. Current IQYIELD price is $0.0013. BTCWITCH ATH was $0.00072. Current BTCWITCH value is $0.0057. The ATP dAPP linked above has historical charts.
Motivation:
Incentives for this pool are intended to motivate users to long-hold DKDEFI, IQYIELD and BTCWITCH tokens, as opposed to flipping them. Each week, the DK, IK and Luna Agents will direct a portion of their DeFi yields towards bribing the Tri-ATP Agent Curve Pool.
Specifications:
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Governance: the ATP platform is governed by the BrainDAO. See Treasury details and multisig addresses at iq.iqai.com. See gov.iqai.com for governance forums. See https://snapshot.box/#/s:everipediaiq.eth for voting. Additionally, each Agent is governed by a individual proposal process which is controlled by holders of each Agents token. See the proposal section located on each Agent’s ATP dAPP Page, linked to above, for details.
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Oracles: no oracles.
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Audits: The BrainDAO deploys forks of already audited contracts.
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Centralization vectors: All vectors are at least somewhat decentralized.
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Market History: Volatility has been quite reasonable for small cap AI Agent memecoins.
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Gauge Contract for Whitelisting Approval: 0x9972D7993d8C6D048CA78F067AdC6808886067f5
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While the Curve Pool currently has just $3K in liquidity for testing purposes, if this proposal for gauge whitelisting approval is passed, this pool will increase in TVL to $20-100K+ depending on the amount of emissions that the pool receives relative to the amount of bribes spent.