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

Price Curve

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 Stepwise Exponential Decay

The inverse price decreases by 5% after each 100-rig step until it reaches the floor. This rewards earlier participation while narrowing the price advantage between earlier and later participants; the floor then keeps the remaining supply broadly accessible.