ai(3,3)

Limitations of ve(3,3)

In the modern DeFi ecosystem, the ve(3,3) mechanism introduced by Andre Cronje was an innovative approach to align the incentives of all participants (liquidity providers, traders, token holders). However, ve(3,3) has several important limitations:

• Forced Token Locking: Users had to lock their tokens for long periods, mostly 4 years, to access incentives fairly.

• Lack of Exit Mechanisms: Once tokens were locked, there was no way to exit until the lock period ended.

• Unfair Concentration of Voting Power: Voting power tended to be concentrated among large protocols and institutions that could lock large amounts.

• Accumulation of "Dead" Voting Power: As time passed, "dead" voting power accumulated from users who were not actively participating, reducing system efficiency.

To overcome these limitations, Story.fun introduced ai(3,3), a more flexible and intelligent incentive model.

Structure of ai(3,3): OS, iOS, aiOS

The ai(3,3) mechanism is built around three token types and their relationships:

OS

OS is the native token of the OAISIS ecosystem and the protocol token of Story.fun. Key features:

• Tradable liquidity token

• Used for all transactions in the launchpad

• Can be converted to iOS and aiOS

iOS

iOS (intelligent OS) is a non-transferable token that can be received by bonding OS. Key features:

• Non-transferable token, cannot be directly traded

• When staked, provides voting rights in the protocol and receives fees and voting incentives

• Can be unbonded (a.k.a. Exit) at any time (subject to penalties or vesting period)

aiOS

aiOS (autonomous intelligent OS) is an automated version of iOS, managed by the DeFAI Agent Ossy. Key features:

• Includes all iOS functions

• Automated voting and reward claiming

• Intelligent voting strategies for optimized yields

• Selects optimal pools without human intervention