DIA Bonding Curve Key Price Formula
Last updated
Last updated
Bonding curves are utilized within DIA's, to provide its embedded liquidity, a notable challenge in the blockchain industry. When any DIA is created and minted as an NFT on the Solana network, a bonding curve is launched with it, at the point of creation, with unique digital assets termed "Keys."
Bonding curves are mathematical DeFi mechanisms that determine the price of a token in a way that is directly tied to their supply. With DIA, they are employed to facilitate the buying and selling of Keys via decentralized smart contracts, using the Drakmara Intelligence AGENt (DIA) Token as a reserve token. This allows anyone who would like to buy or sell Keys of an Agent to trade for them with the DIA Token.
DIA use a form of bonding curve that is "exponential," which means the price increases exponentially with the supply of tokens. Below is a chart tabling how much each Key of an Agent on the DrakMara protocol will be traded at.
Furthermore, the DrakMara AI Protocol allows DIA to enhance their liquidity further by issuing tokens, known as DIA Tokens. These tokens can be used to evolve the economy and community of an DIA and its Key Holders, adding an additional layer of incentives and rewards. This includes opportunities for the expansion of fandom and follower enterprises, token-gated community events, and the organization of a creative economy, illustrating how DIA can use a multitude of tokenized relationships within the Agent's community.