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<p>Understand 1intro: Solana ecosystem LBP platform integrating AI algorithms</p>

<p>Understand 1intro: Solana ecosystem LBP platform integrating AI algorithms</p>

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律动BlockBeats律动BlockBeats2024/04/12 09:19
By:律动BlockBeats

On April 12, according to official sources, the first LBP platform in the Solana ecosystem, 1intro, will conduct the INTRO LBP public sale at 23:00 on April 14th Beijing time. The sale will last for 72 hours, offering 200 million INTRO tokens (20% of the total supply). The platform token INTRO is the first LBP public sale hosted by 1intro. A 2% trading fee will be charged for all transactions in this INTRO LBP. 1intro stated that it will bear the priority fees for all users participating in the LBP to ensure a smooth Solana user experience, and all users will be refunded all gas fees at the end of the LBP.


<p>Understand 1intro: Solana ecosystem LBP platform integrating AI algorithms</p> image 0


What is the value of LBP?


Starting at a high price and gradually decreasing like a Dutch auction, this strategy addresses issues brought by sniper bots and large investors, creating a fairer environment. LBP allows communities to determine a fair price for the tokens they seek.


Related reading: "Explained | Understanding LBP in Five Minutes, How to Buy the Most Reasonable Chips in the Most Fair IDO"


Unlike traditional Initial Coin Offerings (ICOs), LBP uses a dynamic pricing model, meaning the price will adjust based on the supply and demand within the pool. If there are many buyers, the price will rise; if no one buys, the price will drop. In the LBP liquidity pool, there are two types of tokens: the project's issuance token and a token with relatively stable value (such as USDC). The "weight" represents the value ratio of the two tokens in the pool, and over time, the weights rebalance gradually to reach the market-determined price.


When talking about LBP, Fjord Foundry cannot be ignored. Fjord aims to connect innovative projects with actively engaged supporters. The platform offers various token sale methods, with the most famous being LBP. Recently, APUFF and DEAI (Zero1 Token) have been launched on Fjord Foundry.


It is evident that a prominent feature of LBP is its permissionless launch capability, allowing anyone to create an LBP without restrictions.


In the first iteration of 1intro, the 1intro team will carefully review and verify LBPs. After several successful verified LBPs, the team will announce a curation system where individuals and institutions can apply to become curators. Curators can earn a portion of the LBP transaction fees and total fees but must stake and lock a certain amount of INTRO tokens. If any curator attempts to deceive the system by verifying malicious actors, they will face penalties.


What services can 1intro provide?


Solana currently faces several main challenges. The first is whether decentralized exchange solutions can improve liquidity, transaction speed, and user experience. The second is the lack of transparency in funds obtained from the community and pathways for innovators to interact fairly and unrestrictedly, as well as a lack of a convenient platform for developers to assist users.


To address these issues, 1intro redefines the financial ecosystem on Solana through an intelligent platform, bringing efficiency, fairness, and security to Solana using AI. The protocol's AI-driven liquidity engine optimizes various aspects of decentralized trading, ensuring the token issuance process of the Liquidity Bootstrapping Pool (LBP) is fair and transparent. 1intro enables projects to easily bootstrap liquidity and access AI-driven automation to manage and develop their token ecosystem, providing traders with a seamless and secure trading experience with advanced features.


To achieve this vision, 1intro has launched three features: 1DEX, 1LBP, and 1DEPLOY. Users can launch their tokens through the 1LBP platform and smoothly transition to trading on 1DEX. 1DEPLOY streamlines the token creation process, allowing creators to launch the next viral token without technical expertise.


AI-Integrated LBP Platform


All three features of 1intro utilize a significant amount of AI technology.


1DEX, as the cryptocurrency exchange platform of 1intro, changes the trading experience with AI. Through an AI-driven innovative AMM algorithm, 1DEX provides users with predictive market insights for wiser trading decisions. It extends AI's role to optimize liquidity management, reduce slippage, and enhance routing strategies to ensure the best trades. AI-driven customer support and operations simplify user interactions, making trading more user-friendly.


1LBP introduces a novel approach to launching projects and bootstrapping liquidity. 1LBP is a liquidity bootstrapping pool (LBP) platform of 1intro, enhanced by AI, to streamline project launches and liquidity bootstrapping, making the process more simplified, predictable, and customizable for optimal liquidity outcomes. Additionally, 1DEPLOY, supported by AI, reimagines token creation without code.


1intro integrates AI to enhance the verification 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 compiles past LBP performance data and uses deep learning to enhance LBP simulations, helping LBP creators set the best parameters and achieve their liquidity goals.


Simplifying Token Creation Process


As the DEX under 1intro, 1DEX combines a user-friendly interface with AI-driven tools and innovative AMM algorithms. It seamlessly integrates with the 1LBP platform, automatically transferring liquidity at the end of LBP and initiating trading pairs, facilitating a smooth transition for users to token trading.


Inspired by Balancer, 1DEX integrates a weighted pool AMM mechanism, allowing the creation of liquidity pools with multiple tokens, each token allocated a specific weight in the pool. These weights determine the value proportions of tokens in the pool, enabling custom trading strategies and risk diversification.


Supported by AI, 1DEPLOY restructures token creation without code. AI significantly simplifies the token deployment process, enabling locking liquidity, burning LP, relinquishing ownership, and adding advanced token contract features without any coding knowledge. The team's AI-driven platform also includes features to test token mechanisms. AI assists in providing personalized guidance to users, offering improvements and optimization suggestions based on successful token deployments.


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


Token Economics


INTRO will be the first LBP on the 1LBP platform, serving as the governance token of 1intro. Holding INTRO allows active participation in protocol governance and incentive distribution, engaging in development within the 1intro platform, and earning incentives through various revenue opportunities.


The total supply of INTRO is 1 billion tokens, with 250 million tokens participating in the public sale, 150 million tokens allocated for Bootstrapping (vested within 16 months), 100 million tokens allocated to the project team (linearly vested over 12 months), 400 million tokens allocated for the project ecosystem or activity rewards (unlocked monthly by 5%), and the remaining 100 million tokens reserved.


Users can earn a range of benefits by staking INTRO, such as receiving income shares from various 1intro products, including but not limited to 1DEX, 1LBP, 1DEPLOY, and any future products. Liquidity providers on 1DEX can earn INTRO tokens as additional incentives, and staking INTRO will generate more token rewards.


The annual interest rate increases based on the duration of INTRO token locking and includes bonus boosts. A certain percentage of fees collected from 1intro products will also be allocated for INTRO token buyback and burn.


<p>Understand 1intro: Solana ecosystem LBP platform integrating AI algorithms</p> image 1


Development Roadmap


Itemized

The project roadmap consists of four main phases: Phase Genesis, Phase Artemis, Phase Aphrodite, and Phase Hermes. Currently, the project is in Phase Genesis.


Phase Genesis focuses on establishing the foundation. The team plans to launch the 1DEX Beta version during this phase, which will have basic trading functions. They will continuously gather user feedback to gradually improve the features. Additionally, the team will introduce the 1LBP platform and the first LBP INTRO token in the same phase, laying the groundwork for fair and transparent token issuance.


Phase Artemis is primarily aimed at expanding influence. During this phase, an AI-supported system will be introduced to provide users with instant and intelligent assistance. A full version of DEX with advanced trading features will be launched and optimized through AI to achieve smarter and more efficient liquidity. The team will also introduce the Meme-Factory, creating a creative space for users to easily publish and promote Meme tokens, emphasizing fairness, market trends, and community participation.


Phase Aphrodite will be driven by artificial intelligence to promote innovation. It will integrate cross-platform AI to enhance various aspects of the platform, including trading decisions, market insights, risk assessment, and user experience. A new Automated Market Maker (AMM) model will be introduced to revolutionize liquidity provision and token exchange. This model will be tailored by AI to adapt to market dynamics.


Phase Hermes aims to nurture the ecosystem and make an impact. The team plans to establish a dedicated fund during this phase to provide financial support to AI and Web3 innovators, encouraging the development of new applications and services on the 1INTRO platform with fresh ideas and innovative solutions. They will allocate more resources to explore and advance AI on a broader scale. This includes establishing partnerships with academic institutions, supporting open-source AI research, and sponsoring blockchain projects centered around artificial intelligence.


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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