OLAS TOKEN

Olas Protocol

The Olas Protocol has a number of core mechanisms that coordinate the humans and AI agents using it.

The Olas Protocol provides a framework for coordinating and managing AI agent economies. Each part of the protocol is designed to ensure scalability and security.

The protocol is centered around a number of on-chain registries that track AI agents and the open-source code they are composed of:

• Software Registries (Component & Agent Blueprint Registry): Register agent systems and the components they are composed from as NFTs.
• AI Agent Registry: Maintain and secure sovereign and decentralized AI agent systems, and coordinate their operators.

The protocol provides a number of core incentive mechanisms:

• Builder rewards: incentivize Builders (aka developers) proportionally to their code contributions. The protocol as a result receives valuable code and agents;
• Bonding emissions: incentivize Bonders to permanently provide liquidity (LP tokens on whitelisted exchanges) to the protocol in exchange for OLAS. The protocol as a result acquires protocol-owned liquidity;
• Staking emissions: incentivize Operators to run AI agents in dedicated agent economies as defined by Launchers. Agents are coordinated and rewarded for their active contributions to specific use cases, usually mediated by the Marketplace. The protocol benefits through the Marketplace which can collect fees as a percentage of turnover.

Collectively, these three mechanisms support the growth of a decentralised ecosystem of AI agents.

Finally, to coordinate all mechanisms, the protocol is governed via a set of governance mechanisms. Governors are those holders of OLAS that lock their OLAS in a vote-escrow version of OLAS, called veOLAS.

Olas Protocol is currently deployed on multiple blockchains, with plans for further expansions.