An Integrated AI Algorithm Solana Ecosystem LBP Platform

On April 12, according to official news, 1intro, the first LBP (Liquidity Bootstrapping Pool) platform in the Solana ecosystem, will launch its INTRO LBP public sale at 23:00 Beijing time on April 14. The sale will last for 72 hours, offering 200 million INTRO tokens, which account for 20% of the total supply. The platform coin INTRO marks the first LBP public sale hosted by 1intro, with a 2% transaction fee charged for all purchases and sales during this INTRO LBP. 1intro has stated that it will cover all priority fees for users during the LBP to ensure a smooth user experience on Solana, and all users will be reimbursed for all gas fees at the end of the LBP.

What is the value of LBP?

Liquidity Bootstrapping Pools (LBP) are valued for their ability to create a fairer environment for token pricing through a mechanism that resembles a Dutch auction, starting with a high price and gradually decreasing it. This approach addresses issues caused by sniping bots and large investors, allowing the community to determine a fair price for the tokens they are seeking.

Unlike traditional Initial Coin Offerings (ICOs), LBPs use a dynamic pricing model that adjusts based on the supply and demand within the pool. If there are many buyers, the price rises; if there are no buyers, the price falls. In the LBP liquidity pool, there are typically two types of tokens: the project’s issued token and another token with a relatively stable value (like USDC). The “weight” represents the value ratio of the two tokens in the pool, which rebalances over time, gradually reaching a market-determined price.

LBPs are noted for their permissionless launch capability, which allows early-stage project teams to connect directly and unrestrictedly with the entire Web3 investor community, significantly enhancing the abilities of these early-stage teams. This democratizes the launch process, ensuring that innovators can freely introduce their tokens to the market, opening up the ecosystem to a broader range of projects and investors, and fostering a more inclusive and vibrant Web3 community.

However, there are two types of LBPs: verified and unverified. 1intro aims for a fully permissionless system, meaning anyone can create an LBP. In the first iteration of 1intro, the team will carefully review and verify LBPs. After several successful verifications, the team will announce a curator system where individuals and institutions can apply to become curators. Curators can earn a portion of the LBP transaction and total fees but must stake and lock a certain amount of INTRO tokens. If any curator attempts to cheat the system by verifying malicious actors, they will face penalized reductions.

What Services Does 1intro Offer?

1intro is currently addressing several major challenges faced by Solana. The primary issues include whether decentralized exchange solutions can improve liquidity, transaction speed, and user experience. Another concern is the lack of transparency and innovation in community-sourced funding, as well as the absence of a straightforward platform that allows developers to assist users in an equitable and unrestricted manner.

To tackle these issues, 1intro has redefined the financial ecosystem on Solana through a smart platform, utilizing AI to enhance efficiency, fairness, and security. The protocol’s AI-driven liquidity engine optimizes various aspects of decentralized trading, ensuring that the token issuance process through Liquidity Bootstrapping Pools (LBP) is fair and transparent. 1intro enables projects to easily initiate liquidity and access AI-driven automation for managing and growing their token ecosystems, while providing traders with a seamless and secure trading experience that includes advanced features.

In pursuit of this vision, 1intro has launched three features: 1DEX, 1LBP, and 1DEPLOY. Users can launch their tokens via the 1LBP platform and smoothly transition to trading on 1DEX. The 1DEPLOY feature simplifies the token creation process, allowing creators to launch the next viral token without needing technical expertise.

Combining AI Technology with LBP Platform

All three functionalities of 1intro heavily utilize AI technology. 1DEX, 1intro’s cryptocurrency exchange platform, uses AI to transform the trading experience. Its innovative AI-driven AMM algorithm offers users predictive market insights for smarter trading decisions. AI also extends to optimizing liquidity management, reducing slippage, and enhancing routing strategies to ensure optimal transactions. AI-driven customer support and operations simplify user interactions, making trading more personalized.

1LBP introduces a novel method for launching projects and guiding liquidity. It is a Liquidity Bootstrapping Pool (LBP) platform where AI-enhanced LBPs streamline the project initiation and liquidity guidance process, making it more predictable and customizable for optimal liquidity outcomes. Additionally, 1DEPLOY, supported by AI, has redefined the token creation process in a no-code environment.

1intro integrates AI to enhance the validation process for new projects, ensuring fairness, transparency, and security from the start. AI simplifies the LBP creation process, making it more accessible and reliable. 1intro has compiled past LBP performance data and uses deep learning to enhance LBP simulations, helping creators set optimal parameters and achieve their liquidity goals.

Simplified Token Creation Process

As a DEX under 1intro, 1DEX combines a user-friendly interface with AI-driven tools and an innovative AMM algorithm. It seamlessly integrates with the 1LBP platform, enabling automatic liquidity transfer and trading pair activation at the end of an LBP, thus facilitating a smooth transition for users to token trading.

Inspired by Balancer, 1DEX incorporates a weighted pool AMM mechanism, where the pools allow the creation of liquidity pools with multiple tokens, each assigned a specific weight in the pool. These weights determine the proportional value of the tokens in the pool, allowing for customized trading strategies and risk diversification.

1DEPLOY has revolutionized token creation with AI support, reconstructing it in a no-code environment. AI significantly simplifies the token deployment process, allowing liquidity locking, LP burning, ownership renunciation, and adding advanced token contract features without any coding knowledge. The team’s AI-driven platform also includes features to test token mechanisms. AI aids in providing personalized guidance to users, offering improvements and optimizations based on successful token deployments.

By utilizing AI algorithms to simulate and optimize various aspects of token creation, 1DEPLOY simplifies the process, enabling creators to focus on their vision and accelerate their token’s success in the digital ecosystem.

Tokenomics

INTRO will be the first LBP on the 1LBP platform and, as 1intro’s governance token, holding INTRO allows active participation in the protocol’s governance and incentive distribution. Holders can engage in the development within the 1intro platform and access various earning opportunities.

The total supply of INTRO is 1 billion tokens, with 250 million allocated for public sale, 150 million for bootstrapping over 16 months, 100 million assigned to the project team with a 12-month linear vesting, 400 million for project ecosystem or activity rewards (unlocking 5% monthly), and the remaining 100 million reserved.

Users can earn various benefits by staking INTRO, including a share of revenue from various 1intro products, not limited to 1DEX, 1LBP, 1DEPLOY, and any future products. Providing liquidity on 1DEX also grants liquidity providers INTRO tokens as additional incentives, and staking INTRO generates more token rewards.

The annual interest rate increases with the duration of INTRO token lock-up and includes bonus boosts. A certain percentage of the fees collected from 1intro products is also allocated for the repurchase and destruction of INTRO tokens.

Development Roadmap

The project roadmap primarily comprises four phases: Phase Genesis, Phase Artemis, Phase Aphrodite, and Phase Hermes. Currently, the project is in Phase Genesis.

The main task of Phase Genesis is to establish a foundation. During this phase, the team plans to launch the Beta version of 1DEX, which will have basic trading functionalities. It will continuously collect user feedback to gradually enhance these features. Additionally, in the same phase, the 1LBP platform and the first LBP INTRO token will be launched, laying the groundwork for fair and transparent token issuance.

Phase Artemis focuses on expanding influence. This phase will see the launch of an AI-supported system to provide users with real-time, intelligent assistance. It will also introduce a full version of DEX with advanced trading features, optimized through AI to achieve smarter, more efficient liquidity. Furthermore, Meme-Factory will be launched to provide a creative space for users to publish and promote Meme tokens, emphasizing fairness, market trends, and community involvement.

In Phase Aphrodite, artificial intelligence takes the helm to drive innovation. It will integrate cross-platform AI, enhancing various aspects of the platform, including trading decisions, market insights, risk assessment, and user experience. A new automated market maker (AMM) model will also be introduced to radically transform liquidity supply and token swapping, tailored to market dynamics by artificial intelligence.

Phase Hermes aims to nurture the ecosystem significantly and generate impact. The team plans to establish a dedicated fund during this phase to provide financial support for AI and Web3 innovators, encouraging the development of new applications and services on the 1INTRO platform with fresh ideas and innovative solutions. More resources will be invested to explore and advance AI more broadly, including establishing partnerships with academic institutions, supporting open-source AI research, and sponsoring blockchain projects centered around artificial intelligence.

statement:

1. This article is reproduced from [theblockbeats], the copyright belongs to the original author [Frost, Luccy], if you have any objections to the reprint, please contact the Gate Learn team, and the team will handle it as soon as possible according to relevant procedures.

2. Disclaimer: The views and opinions expressed in this article represent only the author’s personal views and do not constitute any investment advice.

3. Other language versions of the article are translated by the Gate Learn team and are not mentioned in Gate.io, the translated article may not be reproduced, distributed or plagiarized.