# What is AgentFi? AgentFi takes its name from the concept of "Agent Driven Finance", the next stage of financial applications evolution enabled by the intelligent support of onchain agents. Onchain agents are digital entities that can navigate the blockchain, executing tasks based on some predefined logic but also learning from their experiences to adapt their strategies. These autonomous agents form an intelligent layer on top of the blockchain primitives, serving as a trusted assistant for various types of Web 3.0 users. Some examples of existing agents include: (see more agents [here](https://www.masonnystrom.com/p/crypto-ai-agents)) **Liquidation Bots** Agents which liquidate undercollateralized positions in perp dexes. **Memecoin Snipers** Agents which race to buy the newest memecoins when they launch. The **"Fi"** part of AgentFi pays tribute to what we think will be the most widespread application of agents across decentralized platforms: using agents to target and optimize economic incentives. This is a key value proposition which will generate the most natural adoption. While we envision the most obvious use cases to be in DeFi, we believe agents will also play important roles in SocialFi, GameFi, etc. AgentFi's goal is to expand the capabilities of onchain agents and use them to dramatically improve the onchain user experience across DeFi, SocialFi and GameFi. We're building: 1. a suite of onchain agents across different ecosystems 2. a scalable infrastructure to support developers of agents 3. an ecosystem and community surrounding agents To streamline the user experience, our agents are built as NFTs with embedded smart contract wallets. This gives users both the flexibility and functionality without sacrificing usability. Explore the rest of our docs to learn more! # Why AgentFi? Crypto and AI are two of the most important technological developments of the past decade, and the intersection of the two domains is a particularly interesting area that has drawn a lot of attention in the past couple of years. The most prominent experiments of AI and crypto have so far been focused on the application of crypto concepts for AI, ranging from decentralized compute to decentralized model training. While we agree decentralization can bring benefits to the field of AI, we expect there will be various tradeoffs that need to be fine tuned before these solutions can be adopted more widely. AgentFi comes in from the opposite angle: *We're focused on the application of AI & automation within crypto.* As new crypto ecosystems and applications are created on a daily basis, it has become increasingly difficult for the average user to navigate the space. We believe automated agents will become ubiquitous across various domains of crypto (DeFi, SocialFi, GameFi) and they will become the irreplacement AI assistants for every crypto user. While there are some traditional agents or bots roaming the blockchain, including mev bots and keeper bots, we believe many new agents are needed to suit the needs of an average user. AgentFi aims to provide a suite of agents that are both easy to use as well as customizable for our users. As agents are easily upgradable over time, they will take advantage of the latest algorithmic enhancements as well as ML models and make smarter and smarter decisions. For those interested in a more detailed crypto + AI discussion, Vitalik has written an excellent piece here: {% embed url="" %} Vitalik's piece on Crypto + AI {% endembed %} # How do Agents work? Our agents are ERC721 NFTs which are linked to smart contract wallets based on the [ERC6551 standard](https://eips.ethereum.org/EIPS/eip-6551). So this means our agents are effectively standard NFTs which can be deployed across any EVM environment, with the ability to own other assets, points or even NFTs. Our platform uniquely employs the nested design of multi-level agents, meaning each agent can launch strategies which are agents themselves. This design not only ensures separation of logic and assets across different agents, it also enables unique use cases and maximum composability. ### Technical Architecture 1. User comes in and mints an Agent. This will produce an Agent ERC721 (NFT). Users can mint **multiple Agent NFTs**. 2. The Agent NFT then owns an Agent Token Bound Account (TBA). This is effectively a smart contract account (an address on the blockchain). 3. This Agent TBA then holds several strategy NFTs, which are also agents that hold their own TBAs (each of them being a smart contract with pre-programmed logic for what to do with the funds in the account).
# Blast There are two types of Agents launched on Blast: **1. Blastooor Genesis Agent** The **Blastooor Genesis** collection is our first set of Agents. 100% of the AgentFi Blast Gold airdrop will be given to the Blastooor holders. It's a collection of 6,551 NFTs with three different rarities: * **Blastooor Legendary** (Supply: 1000) * **Blastooor Rare** (Supply: 2000) * **Blastooor Pre-rare** (Supply: 3551) The rarer NFTs will accumulate AgentFi credits faster than the less rare ones. **2. Explorer Agent** An **Explorer Agent** can be minted for free on the AgentFi app. This agent can launch largely the same strategies as a Blastooor Agent, but it accumulates AgentFi credits at a much lower rate and it won't be eligible for any Blast Gold airdrop from the AgentFi team. More details about the AgentFi credits can be found [here](/incentives/agentfi-credits). # Concentrated Liquidity Manager (Live) We are thrilled to announce the launch of AgentFi's new Concentrated Liquidity Manager Strategy, a revolutionary solution tailored for optimizing liquidity provisioning on v3 products. Our first protocol partner will be will be released in conjuction with Blasterswap, and their launch of their most recent v3 LP pools! You can now migrate your Blasterswap v2 positions to v3 positions at a click of a button, via AgentFi! ### How Does the Concentrated Liquidity Manager Strategy Work? The Concentrated Liquidity Manager Strategy is here to optimize concentrated liquidity positions, (i.e. Uniswap v3), through automated strategy rebalancing. When a position moves outside its initial range, the strategy rebalances it, centering it back to the ETH spot price with the same range. This dynamic adjustment ensures alignment with current market conditions. Before it is rebalanced, the strategy's assets will likely not be evenly distributed (i.e. not 50/50). ### How to launch my strategy? 1. #### Select a protocol! For its initial rollout, Blasterswap serves as our distinguished launch partner. However in the future, we are going to open up to the wider Blast ecosystem!
2. **Select if you want to transfer V2 Position!** Decide to either launch new V3 LP position or migrate your existing V2 position to a V3 position.
3. **Select your range!** Users will be able to set a liquidity range for their v3 position (e.g., 10% around the current ETH price).
3. **Select your token pair!** Users will be able to select their token pair that they want to LP. On day one, this will be limited to ETH/USDB, but other time we will expand to all the top pairs! 4. **Let the Agent manage the rebalances for you!**
# Pac Looper (Live) ## Pac Looper: A quick overview * This strategy is built upon the new [Duo Exchange](https://www.duo.exchange/) and [Pac Finance](https://app.pac.finance/) protocol. * It aims to maximize the incentives provided by Pac Finance Pools for DETH and DUSD (Duo Exchange’s staked ETH and USDB positions). There are two modes: **Normal Mode** and **Degen Mode.** ## Explain it to me in more detail! By supplying their DETH and DUSD holdings into the lending pools, users can borrow against them, allowing them to hold a larger notional position in these assets (by borrowing assets against their supplied assets). This increased leverage translates into levered exposure to points and rewards. For v1 of this strategy, we are setting the leverage to 2x, involving multiple loops to achieve an overall LTV ratio of 0.5.
**Here’s a step-by-step breakdown:** ### Normal Option
1. **User Deposits Asset:** User deposits ETH/WETH (DETH) or USDB (or DUSD)! 2. **User Selects Mode:** User selects to boost points or boost yields! 3. **Strategy is Launched:** Strategy is launched, and the Agent now has DETH (or DUSD)! 4. **Agent Lends (Supplies) DETH and DUSD on Pac Finance:** Agent lends (supplies) holdings to the DETH or DUSD pool. 5. **Agent Borrows Against Lent Position:** Users borrow additional DETH and DUSD on Pac Finance, effectively increasing their exposure. 6. **Looping Process until 2x Leverage:** This process involves multiple iterations to reach the target LTV of 0.5 (2x Leverage). ### Degen Option
1. **User Deposits Asset:** User deposits ETH/WETH or USDB! 2. **User Selects Mode:** User selects to boost points or boost yields! 3. **Strategy is Launched:** Strategy is launched, and the Agent now has DETH (or DUSD)! 4. **Agent Lends (Supplies) DETH and DUSD on Pac Finance:** Agent lends (supplies) holdings to the DETH or DUSD Moon Pool. 5. **Agent Borrows Against Lent Position:** Users borrow additional ETH and USD on Pac Finance, effectively increasing their exposure. 6. **Looping Process until 2x Leverage:** This process involves multiple iterations to reach the target LTV of 0.5 (2x Leverage). ## What assets can I deposit? ETH, WETH, or USDB, DETH, or DUSD. ## What are the rewards? ### **Duo Exchange** You have the option here — forgo your points for yield **now**, or keep your points to yourself and ride it out in the hopes of making it big!
Description: Taken from Duo Exchange’s docs! ### **Pac Finance** * Blast Gold * Blast Points * Pac Points * Ring Points * Particle Points ## How to get started? **1. Visit the AgentFi App:** Head over to [app.agentfi.io](https://app.agentfi.io/). **2. Connect Your Wallet:** Connect wallet (e.g. Metamask, Rabby, Coinbase Wallet, WalletConnect). **3. Browse our Strategies:** Take a look at our array of strategies within the ‘Strategy Factory’.
**4. Launch Looper Strategy:** Launch the Pac Looper Strategy. Select the mode and asset to deposit.
**5. Monitor Strategy:** Once it’s deployed, monitor your Looper strategy’s performance in terms of rewards.
**6. Withdraw (Optional):** Withdrawing will unwind your position and return funds to your address.
# Orbit Looper (Live) ### Looper: A quick overview * This strategy is built upon the new [Duo Exchange](https://www.duo.exchange/) and [Orbit Lending](https://app.orbitlending.io/) protocol. * It aims to maximize the major incentives provided by Orbit Lending's Moon Pools for DETH and DUSD (Duo Exchange's staked ETH and USDB positions). * Users deposit ETH or USDB - the strategy then mints DETH (or DUSD), lends it to Orbit Lending to earn rewards (points), borrows DETH (or DUSD) against the supplied position, and re-lends it on Orbit to earn **more rewards**! ### Explain it to me in more detail! By supplying their DETH and DUSD holdings into the lending pools, users can borrow against them, allowing them to hold a larger notional position in these assets (by borrowing assets against their supplied assets). This increased leverage translates into levered exposure to points and rewards. For v1 of this strategy, we are setting the leverage to 2x, involving multiple loops to achieve an overall LTV ratio of 0.5. \ **Here’s a step-by-step breakdown:** 1. **User Deposits Asset:** User deposits ETH/WETH or USDB! 2. **User Selects Mode:** User selects to boost points or boost yields! 3. **Strategy is Launched:** Strategy is launched, and the Agent now has DETH (or DUSD)! 4. **Agent Lends (Supplies) DETH and DUSD on Orbit Lending:** Agent lends (supplies) holdings to the DETH or DUSD Moon Pool. 5. **Agent Borrows Against Lent Position:** Users borrow additional DETH and DUSD on Orbit Lending, effectively increasing their exposure. 6. **Looping Process until 2x Leverage:** This process involves multiple iterations to reach the target LTV of 0.5 (2x Leverage).
### What assets can I deposit? ETH, WETH, or USDB. ### What are the rewards? **Duo Exchange** You have the option here - forgo your points for yield **now**, or keep your points to yourself and ride it out in the hopes of making it big!
**Orbit Lending** * Blast Gold * Blast Points * $ORBIT emissions * Ring Points * Particle Points ### How to get started? 1. **Visit the AgentFi App:** Head over to [app.agentfi.io](https://app.agentfi.io/). 2. **Connect Your Wallet:** Connect wallet (e.g. Metamask, Rabby, Coinbase Wallet, WalletConnect). 3. **Browse our Strategies:** Take a look at our array of strategies within the 'Strategy Factory'.
4. **Launch Looper Strategy:** Launch the Looper Strategy. Select the mode and asset to deposit.
5. **Monitor Strategy:** Once it's deployed, monitor your Looper strategy's performance in terms of rewards.
6. **Withdraw (Optional):** Withdrawing will unwind your position and return funds to your address.
# DEX Balancer (Live) The DEX Balancer strategy, introduced by Blastooor Agent, is designed to automate high-yield strategies within the Blast ecosystem, focusing on optimizing liquidity provider (LP) positions across multiple decentralized exchanges (DEXs). This innovative approach allows users to deposit funds for autonomous engagement with leading protocols, unlocking new yield opportunities.
Currently the product supports ETH/USDB LP positions within various constant product (uni v2) AMMs. **Key Features:** * **Automated LP Strategy:** Leverages an automated strategy to allocate funds evenly across award-winning partner DEXs, including Ring Protocol, Blasterswap, Thruster, and Hyperlock Finance. This ensures diversified exposure to high-yield farming opportunities within the Blast ecosystem. * **Integration with Top Protocols:** The strategy is integrated with some of the leading spot DEXs, facilitating seamless interaction and optimization of LP positions. * **Simplified and Evolving:** Initially adopting a straightforward approach, the strategy plans to introduce more complex strategies and functionalities in the coming weeks, enhancing yield opportunities for users. **Benefits:** * **High-Yield Opportunities:** By depositing funds into the DEX Balancer strategy, users can access a curated selection of top-performing protocols for yield farming within the Blast ecosystem. * **Diversification:** Funds are distributed across multiple partner DEXs, mitigating risks and maximizing potential returns through diversified investments. # Multipliooor (Live) **The Multipliooor Strategy is a strategy designed by AgentFi to significantly enhance your Blast points by automating the process of completing Blast multiplier tasks.** These tasks are special activities provided by the Blast team that permanently boost your points balance and earnings rate when you engage with selected protocols. All you need to do is give your Agent a small amount of ETH (0.003 ETH \~= $10), and it will automate the process for you! A total of 12 unique Multipliers will be introduced gradually, each requiring interaction with different DApps and actions. The Multipliooor Strategy will automate all of this. The strategy eliminates the need for continuous monitoring and manual task completion, freeing up your time for other activities.
# AgentFi Credits ## Introducing AgentFi Credits We’re excited to unveil our latest innovation: the AgentFi Rewards program, ***AgentFi Credits***. ## Why are we doing this? AgentFi Credits is carefully crafted to properly recognize the contribution of our users, providing a novel way for them to gain rewards that truly mirror their involvement and activity! AgentFi Credits will be allocated to our active users on the AgentFi platform. This initiative is not only aimed at enriching our existing community but also at attracting interest from other groups, thereby expanding our community’s reach and growth! Our commitment is to ensure the AgentFi Credits system is equitable for everyone involved, allowing early adopters and steadfast supporters of AgentFi to be rewarded and engaged going forward. This approach mirrors the strategy employed by Blast, which rewards its early backers with points, ensuring they have a significant stake in the L2’s success. ## Program Duration The first phase of the program is scheduled to run from early April until May, lining up with the points redemption day for Blast. Credits are accumulated in weekly epochs, with a fixed baseline rate for credits earned per ETH deposited each hour. We will reward early users with higher rewards at the start of the program, but we will give out meaningful rewards throughout the whole duration. ## Credits Calculation The credits earned by each user will be calculated as: **Credits Rate (per hour)** \= **Baseline Credits Rate** \* **User TVL (denominated in ETH)** \* **Time Multiplier** \* **Bonus Multiplier** For each weekly epoch, the **Baseline Credits Rate**, **Time Multiplier** and **Bonus Multiplier** can be different.
## Baseline Credits Rate At the heart of our credits system is the Baseline Credits Rate, which determines the base rate at which credits are earned per ETH staked for each hour. This rate starts at 2 credits per hour per ETH in the first epoch, and gradually decreases to 1 credit per hour by the fourth epoch. This decreasing scale incentivizes users to join the program early to maximize their rewards.
EpochBaseline Credits Rate
12
21.5
31.25
4 onwards1
## Hourly Strategy Credits Because there are multiple strategies that each NFT can launch, each strategy could potentially accumulate credits at a rate specific to that strategy.
StrategyHourly Strategy Credits
DEX Balancer1 credit per ETH of TVL
Concentrated LM1 credit per ETH of TVL
## Time Multiplier The Time Multiplier is used to incentivize and reward loyal users for continuing their participation on the platform. The longer each agent uses the platform, the higher its Time Multiplier is. This multiplier is specific to each agent: it starts at a specific value and increases to a maximum of 2x. The starting value of this multiplier is determined by the rarity category of the user’s Blastooor Agent, with each category assigned a different initial multiplier: * Legendary Blastooor Agents receive a starting multiplier of 1.5x. * Rare Blastooor Agents receive a starting multiplier of 1.25x. * Pre-rare Blastooor Agents receive a starting multiplier of 1x. Sample Time Multiplier increases for NFTs with different rarities:
## How does my Time Multiplier change? * **Increase in Multiplier:** Agents that have at least one actively running strategy at the onset of an epoch will see their multiplier increase by 0.25x. * **Resetting the Multiplier:** In the absence of any actively running strategy at the beginning of an epoch, the multiplier is reset to its starting value. So as an example, a Rare NFT would return to having a Time Multiplier of 1.25x after a reset. ## Bonus Multiplier A unique aspect of the AgentFi Credits program is the bonus multiplier! Selective AgentFi partners and events will distribute a limited number of bonus codes, which will provide an additional multiplier to the agent that applies this bonus code. Each NFT can only use one bonus code and this multiplier can be applied at any time during the duration of the program. Closely monitor our events and social media channels to get the chance to grab one of these bonus codes! ## Where can you see your credits? You will be able to see your credits as well as other useful information on app.agentfi.io after connecting your wallet and NFT.

# Overview The AgentFi roadmap points towards a multi-chain, multi-agent future where unparalleled user experience will be our biggest competitive advantage. **Phase 1: The Training** The AgentFi journey starts on the new planet of Blast, with the launch of the first collections of agents (NFTs) equipped with the most foundational strategies. We partner with the thriving DeFi ecosystem to showcase potential use cases for our agents. Our initial agents are designed with a focus on simplicity and upgradability, paving the way for much bigger things to come. **Phase 2: The Hub** This is when we take our agents to the next level: upgrading existing strategies, adding new strategy types, partnering with new protocols etc. Along with the strategy improvements, we're adding some key pieces that will together form the "liquidity hub". This hub will include our own customized versions of lending, borrowing, and dex liquidity provision. When users visit our platform, they can choose from a wide range of choices for yield generation, from simple lending to complex strategies. This holistic and integrated design will provide an unparalleled user experience that doesn't exist anywhere else. **Phase 3: The Colonization** The planet of Blast is a blasting one, but the universe is large and our agents are dying to explore the rest of the universe. In this phase, we help our agents find other homes that also are in desperate help of our agents, with a focus on EVM compatible L1s or L2s. Whenever our agents go to an ecosystem, they bring a common set of transferrable strategies that can immediately benefit the users there. What's more, we will add unique upgrades to our agents for each new ecosystem, taking advantage of the different designs and focuses of each planet. **Phase 4: The Alliance** After our agents get deployed to various corners of the universe, it's time to leverage the power of community for their next stage of growth. As creators, we want to see our agents become more powerful than we can even imagine. So in this phase, we want to open the infrastructure to the community to add functionality to our agents. This is the open collaboration phase, empowering the community and partners to innovate, contributing to a vibrant ecosystem driven by collaboration and shared success. Simultaneously, we will add more analytical tools to provide more detailed insights into our agents. # Beyond Agents While agents are the central focus of AgentFi, building a vibrant ecosystem around the agents is equally important. Here's a glimpse into our ecosystem beyond agents: **Agent Builder:** A low code solution enabling creation of new types of agents. The **Agent Builder** is a developer's entrypoint into the AgentFi ecosystem. While we at AgentFi try to create the most in-demand agents, we know the community has more imagination and ideas than we ever could. So Agent Builder empowers our community and partners to create and deploy their own strategies, rewarding their innovation with a revenue share, driving a collaborative ecosystem. **Agent Marketplace:** A specialized platform for trading AI agents. The **Agent Marketplace** is the next generation of NFT marketplaces, where the value of an NFT is not just based on the rarity of traits or design, but also based on its track record of on-chain activities. This marketplace enables the trading of our AI Agents based on their transaction history, engagement with DeFi protocols, milestones achieved in on-chain games, etc. It’s designed to be user friendly with customizable filtering and sorting options. **Agent Analysoor:** An analytical tool offering insights into each agent. The **Agent Analysoor** is the perfect companion to the Marketplace, providing advanced comprehensive analysis of AI Agents. It provides a dynamic valuation system based on the agents’ historical activities, and a breakdown of the contributing factors. The Analysoor provides the necessary transparency and benchmark required for the tracking and trading of Agents. # Team AgentFi is a team of 8 motivated individuals who have strong experiences in tech, entrepreneurship and finance. The project was started in January 2024 in collaboration with Spartan Labs and has since raised an initial round of fundraising from Generative Ventures (pre-seed round). More details on our pre-seed round can be found [here](https://agentfi.medium.com/agentfi-secures-initial-funding-round-led-by-generative-ventures-40ef2d642001). # Audits #### Peckshield Audit report on May 2, 2024: # Brand Assets