The Economics of AI Agents 🧵

I've been pondering about this for weeks now, I can consolidate my thoughts and share them.

TLDR: huge potential, curious about the token value, economics & design. but i have doubts 1/ Rise of AI Agents: not just automation but augmentation of the concept of work in a digital economy. It *redefines value creation*.

！ Value creation is crucial in the *economics of how AI agents work*

Let's talk about #cryptoeconomics and #tokeneconomics

1. Crypto economics ≠ token economics
2. Token economics ≠ tokenomics
3. Token economics ≠ token design
4. Token design ≠ tokenomics

Resources at end of 🧵

https://twitter.com/thegrifft/status/1482805204936495106

Crypto economics is the study of designing embedded incentives of the system to hold desired properties with the goal of validating and agreeing on messages and information transacted in the system.

Shoutout to @Interaxis8 for tagging me to explain this question by @AlexMasmej. Took some time to dive into the model and it's so elegantly beautiful. Let me explain 👇🏼

A thread of explaining StableCredit USD, the new asset in @iearnfinance.

I hope it's ELI-highschool enough.

https://twitter.com/AlexMasmej/status/1304541529709719552

If i can sum it up, it is combining 4 existing projects together:

1) Using @MakerDAO's model of multi-collateral in the system, instead of just single asset collateral. You can put whatever asset you want as collaterals.