Sybil's Protocol Whitepaper
  • Introduction
  • Sybil's Vision
  • Technical Overview
    • What are Sybil Agents
    • Functional vs IP Agents
    • Sybil's Toolbox
      • Example Implementations
    • Sybil's Agent Swarm
  • Creating an Agent
    • Initial Agent Offering (IAO)
      • Initial Agent Offering Mechanism
    • Token Delegation
    • Revenue for Buyback and Burn
    • Adaptive Consensus Architecture
  • Sybil's Cognitive Ecosystem
    • Sybil’s Cognitive Framework
  • How to
    • Creating an Agent
    • FAQs
  • Roadmap
    • Sybil's Roadmap
  • Tokenomics
    • $SYBIL Overview
    • $SYBIL Tokenomics
  • Protocol Links
    • Get Connected
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  • Agent Usage Fees
  • Revenue Flow
  1. Creating an Agent

Revenue for Buyback and Burn

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Last updated 2 months ago

Agent Usage Fees

  • Public API Access: All agents are accessible via a public API, allowing anyone to use them permissionlessly.

  • Per-Inference Cost: The cost per inference call is predetermined.

  • Payment Mechanism:

    • Users must pre-load $SYBIL tokens in their wallets.

    • Usage deducts $SYBIL tokens on a per-transaction basis, all conducted on-chain.

Revenue Flow

  • User Payments: When a user calls an agent via the API, $SYBIL tokens are deducted from the user's wallet and transferred to the agent's wallet.

  • Revenue Utilization:

    • The $SYBIL tokens collected in the agent's wallet are used to buy back the agent's tokens from the open market.

    • The bought-back agent tokens are then burned.

  • Deflationary Pressure:

    • Burning agent tokens reduces the total supply, creating deflationary pressure.

    • This mechanism can potentially increase the value of the remaining agent tokens.