Slinky Exchange
Last updated
Last updated
Slinky Exchange is a v3 Automated Market Maker (AMM) that serves as the central liquidity hub for tokenized AI agents on the Slinky Network. This exchange facilitates smooth and efficient trading while ensuring sustained liquidity for all tokenized AI agents created on our platform. It is deployed across all networks supported by the Slinky Network, providing users with seamless trading experiences across various blockchain environments.
The world of AI is evolving rapidly, with new models and use cases emerging constantly. To keep pace with this rapid innovation, the Slinky Exchange lists tokens representing each AI agent. Owning these tokens grants users exclusive access to the AI agents, allowing them to operate and utilize the agent's functionalities. Each agent on our platform is inherently permissionless and designed to respect user privacy, without collecting any personal data. Possessing the agent tokens is the only requirement for accessing AI utilities. This setup allows users the flexibility to move between different AI agents as interests shift or new advancements arise, with the assurance that they can enter and exit their positions smoothly.
When a new AI agent is created on the Slinky Network, it comes with a predefined token supply strategy—a fixed supply of 1 billion tokens. This consistent supply approach ensures uniformity across all agents on the network. Creators choose a base asset against which their agent's tokens will be traded, after which all tokens are minted.
Not all tokens go straight into circulation. Based on the Slinky Workflow used to create the AI agent, a portion of tokens may be reserved for rewards, while the remaining tokens are added as liquidity on a bonding curve. This creates single-sided liquidity, where the tokens themselves are the primary sell-side asset. No initial base assets are required from the agent creator; instead, base assets are gathered from ongoing trades. This bonding curve mechanism allows for dynamic pricing of tokens, ensuring predictable liquidity as trading activity increases.
A minimal fee of 0.5% is levied on all trades by the Slinky Exchange, providing a sustainable way to support the network's operations while maintaining low trading costs for users.