Let's briefly talk about Theoriq.
======= Project Background ======>
Theoriq
Previously named ChainML, it is a modular, composable AI agent base layer.
In September 2022, raised 4 million in seed funding.
In May 2024, raised 6.2 million in extended seed funding, led by Hack VC, valuation not disclosed.
In the same year, launched Theoriq agent base layer, which is now the current name.
Launching the incentive testnet in October 2024.
Team background:
@ronbodkin Founder and CEO, former Director of AI Technology at Google Applications, has extensive experience in the AI field.
Ethan Jackson Co-Founder and Head of Research, focused on computer science and deep learning, looks like a top student!
@davidm_ller Teradata Data Science Practice Leader, a strong player in data.
@PeiChen01 COO, previously the head of the Sei Network ecosystem. Rich work experience, has worked in large companies.
@ArnaudFlament, founder and CTO, Senior Director of AI Software Engineering, a technical expert.
In summary, the entire team's background feels technically strong, except for the COO, most are veterans deeply rooted in the AI field. The COO's rich industry experience should also bring important resources to Theoriq.
======= Product Features ======>
The product of Theoriq is called AlphaSwarm, currently in beta, open to participants of the @KaitoAI launchpad.
AlphaSwarm use case:
1. Use specialized AI agents to automatically execute on-chain liquidity supply.
2. Look for high-yield opportunities among various DeFi protocols, automatically switch strategies based on incentive mechanisms to amplify DeFi yields.
3. Adjust risk exposure based on market data, execute dynamic trading strategies to reduce liquidation risks.
Let me illustrate with an example:
@jackyetsum Found a protocol's LP pair, $THQ / $USDT has an annualized yield of 200%, but I only have $ETH, what to do?? Immediately call AlphaSwarm for help!
1. It will check the security of this protocol, if not safe, it reminds the user; if safe, it proceeds to the next step.
2. It will stake $ETH into protocols with lower borrowing costs, lending out $USDT.
3. Use part of $USDT to sell on platforms with good liquidity and low fees for $THQ.
4. Pair $USDT with $THQ to form LP and stake it in the aforementioned protocols.
5. Automatically monitor the price of $ETH, appropriately adjust LP positions to reduce borrowing risks.
6. Based on user habits or prompts, continue to search for high-yield and secure on-chain protocols, and repeat steps 1 to 5.
In short, AlphaSwarm is an automatic DeFi assistant that allows users to confidently obtain on-chain yields.
As the author did not have access rights when writing the article, cannot experience it personally...
======= Token Economics ======>
$THQ
Total supply of 1 billion.
Core contributors 24%, locked for 1 year post-TGE, then gradually unlocked.
Investors 30%, no mention of lock-up.
Community incentives 18% Rewards for ambassadors and partners, etc.
Treasury 28% Ecosystem Development Fund.
Staking function:
Stake $THQ to mint sTHQ, receive $THQ rewards.
Stake sTHQ to become αTHQ, (1~24 months) to obtain time-weighted computing power for governance voting.
PS: αTHQ can vote for agents (understood as nodes), increasing the token emission rewards obtained by the agents.
PS2.0: At the same time, inferior agents also have corresponding confiscation mechanisms.
======= Official Plan ======>
First phase of the mainnet, TGE issues $THQ, launching staking function (sTHQ).
Second phase of the mainnet, launching AlphaLocker and αTHQ, implementing a confiscation mechanism.
Third phase of the mainnet, launching the delegation and agency module, should refer to governance voting, and there will also be on-chain fee sharing mechanisms.
Future: Decentralization (you know what I mean).
Summarize and summarize again!
Theoriq currently gives me the feeling of being an on-chain DeFi assistant, how strong it really is will only be known after launch.
Financing and narrative, neither good nor bad, but can leverage Kaito, or create a wave of decent popularity.
Moreover, this is Kaito's debut, definitely worth paying attention to!
That's all!
