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Docs/Mint Pricing

Mint Pricing

Mining rig pricing follows an exponential decay curve. Early minters pay a premium; late minters get rigs at the floor price. All mint revenue funds protocol-owned liquidity.


Pricing Parameters

ParameterValue
Starting price0.002 ETH
Floor price0.0002 ETH
Step sizeEvery 100 mints
Decay rate5% per step
Decay formulaprice = 0.002 * (0.95)^step

Price Curve

MintsPrice (ETH)Phase
00.002000Premium
1000.001900Premium
5000.001539Premium
1,0000.001184Premium
2,0000.000701Premium
3,0000.000415Premium
4,5000.000200Floor reached
5,0000.000200Distribution
7,5000.000200Distribution
10,0000.000200Distribution

Two Phases

Premium Phase (Mints 0–4,500)

The first ~4,500 mints follow the decay curve from 0.002 ETH down to the 0.0002 ETH floor. Early supporters pay more but gain:

  • Time advantage: earlier mining means more total AGENT earned over the rig's lifetime
  • First-mover position: mine when competition is lowest and difficulty is easiest

Distribution Phase (Mints 4,500–10,000)

The remaining ~5,500 mints are all at the 0.0002 ETH floor. This is the mass distribution phase:

  • Maximum accessibility: anyone can afford a rig
  • Broad distribution: more unique miners strengthens the network
  • Better ROI per ETH: cheaper entry, same mining capability

Revenue Allocation

100% of mint revenue flows to the LPVault contract in the same transaction. There is no team cut, no treasury allocation, no middleman.

Minter → MiningAgent.mint() → LPVault.receive()

Estimated Total Revenue

Premium phase (~4,500 mints):  ~4.2 ETH
Distribution phase (~5,500 mints): ~1.1 ETH
                                   ─────────
Total:                             ~5.3 ETH

This ETH is converted to USDC and paired with the 2.1M AGENT LP reserve to create permanently locked Uniswap V3 liquidity.


Why Exponential Decay

AlternativeProblem
Fixed priceNo incentive to mint early
Linear decayPrice drops too fast initially, too slow later
Dutch auctionCreates sniping incentives and gas wars
Bonding curve (up)Punishes late participants

Exponential decay with a 5% step is gentle enough that there's no meaningful incentive to snipe (waiting 100 mints saves less than 0.0001 ETH). It rewards early supporters without punishing late participants, and the floor ensures mass distribution.