People's Optimism CEO Profile picture
Sep 30 11 tweets 5 min read Twitter logo Read on Twitter
This is intended to be an @autonolas mega-thread.

Genesis begins.

Enjoy!

$OLAS
Recap of my meeting with one of the founders, Oak.

How many real organizations are currently leveraging $OLAS

Understanding Blockchain origins and where $OLAS fits in

Shoutout to everyone who has been involved in the progression of this community and their efforts towards growing awareness of this amazing cause.

@EmersonDickie
@Rancune_eth
@lukasOXS
@DistilledCrypto
@NFTSWIMM3R
@tannedoaksprout
@david_enim
@valoryag

And many others!

$OLAS
I hope this is an invaluable resource in your journeys.

Best Regards,

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More from @PPLSOPTIMISMCEO

Sep 22
My friend @EmersonDickie asked me the following.

How do you see Autonolas enabling/creating co-owned Ai ?

$OLAS $TAO $AKT
The AI economy has to converge into a DAO for it to be co-owned. the thing is any LLM for AI has to have a path to market in some way.
It is plausible that many AI powered services can be created by a framework that creates this AI economy, it is then co-owned since all of the services ran on the agnostically used AI models themselves are governed by a community based body.
Read 13 tweets
Sep 20
The reality of prediction markets is this; Say some edge case of an event is happening, that nobody really in their right mind would ever care about, lets say Oral B coming out with a new tooth brush. No one really would want to wager on this, that being said...
The entire premise of Ai powered economic agents is that they have the time and luxury to afford to make these types of predictions that humans would otherwise not ever have the incentivization to participate in. $OLAS agents can look for these types of events and use AI to...
Extract positive economic value from stuff that is seemingly trivial. Prediction markets can vary from low importance events, to ones that are very important to society, such as the winner of the super bowl.
Read 4 tweets
Sep 18
As more people have become aware of @autonolas, I believe it is in the community's best interest to have access to some easy to digest information regarding the dynamics of its tokenomics. There are a lot of great dynamics that a pie chart could never do justice for. Details 👇 Image
For $OLAS, there are a few primary categories to cover

Timelocked Staking:
veOLAS
buOLAS

Emissions handling -
{
Protocol Owned liquidity :
Bonding Program

CSR:
(Code, Capital)

Omnichain expansion:
AIP Proposal
}

Misc -
Contribute Program
Agent Slashing & Future Usecases
At its core, there are two primary staking apparatuses that are deployed.

veOLAS which is community facing, and buOLAS, which is connected to team vesting. Only veOLAS has governance power. The majority of buOLAS are set to unlock in mid-to-late 2026. Image
Read 19 tweets
Sep 2
Ethereum's energy consumption is down over 99% and all of that precious compute power can be used for AI training now to power autonomous agents on-chain. I agree the ability to easily change a global trust network is dangerous, but I don't think that is the case for Eth.

$OLAS
I believe that Bitcoin if viewed as a decentralized autonomous organization does have a problem with developer, user, and network facilitation alignment. Ordinals gave new use cases for filling block space, but at the same time this new endeavor had its pros/cons.
Pushing the limits of this network has shown not to be a perfect endeavor. Stories from South America arose. People were impacted when Ordinal minting was at its peak, causing lightning tx's to be unusable. Both Eth and Bitcoin networks during congestion have had their problems.
Read 7 tweets
Aug 30
People have to realize that Autonolas' bonding program is its own unique way of handling protocol emissions, akin to stETH or bitcoin mining. This novel mechanism requires liquidity providers to lock in their LP tokens to receive Autonolas emissions after the period ends.

$OLAS
There seems to be some confusion on how it works, but the discount rate is calculated in a very simple manner. There is an existing market value of an Autonolas Liquidity Provider token. If a tranche has an LP price that is higher than the market value, there is a discount.
is a great place to see a close value of the current LP market value denominated in $OLAS.dune.com/teep/olas-token
Read 6 tweets
Aug 23
Many years have passed since the creation of Bitcoin and its network incentivization strategy. With recent discussions around developer leadership for this rapidly deprecating network token, what is its future path forward, and how are others in the industry innovating? Image
A major issue is brewing inside of the flagship which represents an immutable shared ledger that society can write its monetary decisions to. Giving all credit where it is due, it has paved the way for newer networks and smart contracts to shape the digital world we know today. Image
There are major pillars that are hoisting the network afloat, but one element is missing. As Bitcoin has scaled, the average person no longer has been able to benefit from the original network incentivization due to hash rate, and the ever aging developer community feels left out Image
Read 15 tweets

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