RFC #2 HeyAnon Tokenomics & Utility Overview

HeyAnon Tokenomics & Utility Overview

1. Introduction

HeyAnon is a DeFi + AI or DeFAI platform that leverages a two-layer token model:

• ANON: The primary governance and utility token.

• ANONs: A staked receipt token you obtain by depositing ANON into a staking contract.

This document outlines:

• How users stake ANON to get ANONs.

• How the Access Validator Contract locks ANONs, mints Passes, and safeguards Pass holders.

• The fee model, including early-exit penalties and revenue distribution.

• Usage rate limits for AI queries and on-chain transactions.

2. ANONs Staking

ANONs is a receipt token representing staked ANON. The staking contract charges a 1% fee on both deposits and withdrawals, which accumulates within the contract to increase overall backing.

Key Points

• Deposit: You deposit ANON, pay a 1% fee, and receive ANONs at a 1:1 ratio minus the fee.

• Example: Deposit 100 ANON → pay 1 ANON fee → receive 99 ANONs.

• Withdraw: When exiting, you burn ANONs in exchange for ANON, again paying a 1% fee.

• If the pool has grown from fees over time, your effective ANON return may exceed your initial deposit.

• Arbitrage / Backing: Because fees accumulate, the pool backing grows. If ANONs trades at a discount/premium on secondary markets, arbitrageurs can align prices.

3. The Access Validator Contract (Locking & Pass Minting)

3.1 Overview

The Access Validator Contract is central to locking ANONs and minting Passes. Users who wish to:

  1. Lock their ANONs for 3–48 months.

  2. Mint time-limited Passes that can be sold to others for AI/DeFi usage benefits.

This setup also ensures Pass holder protection. If the locker (staker) prematurely unlocks (i.e., “burns liquidity”), Pass holders can claim a portion of the exit penalty directly from the Access Validator Contract.

3.2 Locking ANONs & Minting Passes

  1. Transfer ANONs to the Access Validator Contract

• Choose a lock duration (3–48 months).

• The contract calculates how many Passes you’re eligible to mint based on:

• Base ratio of 50 ANON = 1 Pass (using ANONs equivalence).(ADJUSTED TO ORACLE IF NEEDED)

• A time-based multiplier (longer lock = more Passes).

  1. Minting Passes

• Once locked, the Access Validator Contract mints Passes (ERC-721 or ERC-1155 tokens, depending on design).

• These Passes have an expiry date matching the lock end date.

• Locker can sell, transfer, or use the Passes for themselves.

  1. Access Validator Contract Payment Routing (Optional)

• If the locker sells Passes, you can route that revenue through the Access Validator Contract.

• This ensures a portion is held in escrow in case the locker tries to exit early (protecting Pass buyers).

3.3 Time-Based Multipliers

Longer lock durations yield more Passes. Example table:

Lock Duration Multiplier (x) Base Formula Example

3 Months 1.0x (ANONs / 50 * 1.0) Passes Lock 100 ANONs → 2 Passes

6 Months 1.5x (ANONs / 50 * 1.5) Passes Lock 100 ANONs → 3 Passes

12 Months 2.0x (ANONs / 50 * 2.0) Passes Lock 100 ANONs → 4 Passes

24 Months 3.0x (ANONs / 50 * 3.0) Passes Lock 100 ANONs → 6 Passes

36 Months 4.0x (ANONs / 50 * 4.0) Passes Lock 100 ANONs → 8 Passes

*** Passes are being sold to regular users, revenues to be distributed to Pass creators proportionally on specific chains, that includes the operational EVM chain and Solana.***

*** The ratio of ANONs per Pass can be adjusted along with community will.***
*** There is an opportunity for Passes to be redesigned to Shares of Passes. Meaning ANONs lockers will get a percentage of Pass supply. That allows to avoid oversupply of Passes***

3.4 Early-Exit Protection

If the locker exits before the lock period ends:

• A penalty is applied, proportional to how early the exit occurs and the lock’s multiplier.

• 50% of the penalty is distributed to Pass holders (can be pro rata across all holders or specifically the locker’s own Pass holders).

• 50% goes to the protocol treasury.

• The Access Validator Contract automatically enforces this penalty and disburses the funds.

This mechanism protects Pass buyers from a “rug pull” scenario—if the user breaks their commitment, the penalty partially compensates Pass holders.

*** In the scenario when Pass creator does “Early-Exit”, all passes generated will be deactivated, however, Pass holders will receive a 50% of the penalty as compensation that they can use to generate their own Passes.***

4. Pass Utility & Usage Limits

4.1 Daily Limits

Each Pass grants:

• 15 AI queries per day

• 30 on-chain transactions per day via HeyAnon’s agent

These are “stackable.” For example:

• Holding 2 Passes = 30 queries/day + 60 transactions/day.

4.2 Pass Expiry

• Passes expire when the original lock period ends (or if the locker forces an early unlock).

• Once expired, the Pass no longer grants any usage rights.

• Pass holders can monitor expiry times in the Access Validator Contract’s dashboard.

4.3 Beyond-Pass Usage (Pay-as-You-Go)

• Users who run out of daily queries/transactions or don’t own Passes can still pay per request in ANONs.

• Example: $0.60 worth of ANONs per AI query, covering the $0.20 backend cost plus margin.

5. Rate Limits & Tiers

HeyAnon has three main usage tiers:

  1. Free Tier

• 3 AI queries/day

• 5 DeFi agent transactions/day

• Ideal for initial trials or casual use.

  1. Pass Holder Tier (each Pass)

• 15 AI queries/day

• 30 DeFi agent transactions/day

• Exceeding these daily limits → pay additional ANONs per query/transaction.

  1. Pay-as-You-Go

• Unlimited queries and transactions, but paid individually in ANONs.

• Example rate: $0.60 worth of ANONs per intelligence query.

6. Fees & Penalties

6.1 Staking Fees

• 1% on Deposit: Paid in ANON when first staking to ANONs.

• 1% on Withdrawal: Paid in ANON when converting ANONs back to ANON.

6.2 Early-Exit Lock Penalties (Access Validator Contract)

• 50% allocated to Pass holders (distributing to offset their potential losses).

• 50% to the protocol treasury (fund development, marketing, or partial buyback/burn).

• The penalty amount scales with how many months remain in the lock and the time-based multiplier used to mint Passes.

7. Example User Scenarios

7.1 Free User

• Gets 3 queries/day + 5 transactions/day.

• If usage ramps up, they can stake ANON to mint Passes or pay as they go in ANONs.

7.2 Locker & Pass Seller

  1. Deposits 100 ANON → 99 ANONs after 1% fee.

  2. Moves 99 ANONs to Access Validator Contract, chooses 12 months → 2.0x multiplier.

  3. Mints ~ (99/50)*2 ≈ ~3–4 Passes.

  4. Sells them. If user serves the entire 12 months, they retrieve the 99 ANONs (minus 1% exit fee).

  5. If they exit early, a penalty hits. 50% to pass holders, 50% to treasury.

7.3 Heavy AI User Without Lock

• Prefers no locking.

• Uses up free daily limit, then pays $0.60 worth of ANONs each time for queries/transactions.

• May later buy a Pass from a locker on the open market for cheaper daily usage.

  1. Access Validator Contract Internals

  2. Lock Registry

• Stores (User Address) → (Locked ANONs amount, Lock Duration, Start Time, End Time).

  1. Pass Minting Logic

• Calculates number of Passes based on locked ANONs / 50 * multiplier.

• Mints ERC-721/1155 tokens with an expiry date.

  1. Payment & Escrow

• Optionally escrows Pass sale revenue in the contract.

• If the locker attempts to break lock prematurely, the contract allocates penalty funds accordingly.

  1. Exit Functions

• If user unlocks after end date, they pay no penalty, just the 1% staking exit fee.

• If early, the contract calculates penalty, splits 50% to pass holders, 50% to treasury.

9. Distribution & Treasury

• Staking Fees: Grow a reserve that backs ANONs and stabilizes ANON.

• Penalties: Half to pass holders, half to the treasury—strengthening both community engagement and protocol longevity.

• Treasury: Funds AI backend costs, development, marketing, or partial buyback/burn according to governance.

10. Conclusion

The HeyAnon ecosystem combines:

• Staking (ANONs) with modest in/out fees that accumulate and increase backing.

• Locking (Access Validator Contract) to mint Passes with daily usage perks.

• Penalty Sharing that compensates pass holders and supports the treasury if commitments aren’t honored.

• Flexible Tiers (Free, Pass Holder, Pay-as-You-Go) catering to varying usage needs.

This structure aims to balance:

• Fair Access to HeyAnon’s AI and DeFi tools.

• Incentives for long-term token holders.

• Sustainability via penalty sharing, treasury growth, and robust fee models.

By clearly defining each user journey (locker, pass buyer, pay-as-you-go user), the platform fosters a healthy token economy while providing a high-utility, rate-limited AI/DeFi experience.

8 Likes

Vey good, I think it is well thought out.

I appreciate a lot the work and the amazing idea is behind it. At the same time heyanon is something born with the idea to reduce complication in defi and this tokenomics appears to me (as a real boomer I admit) as a little bit complicated especially for the new users. Suggestion could be an easiest staking of anon or wagmi tokens to use it with different tiers of interaction, avoiding the passes mechanism. People are more used to these kind of tiers. But for sure you have your reasons that maybe I don’t perfectly understand.

5 Likes

Interesting! Thanks for detailed info!

1 Like

What happens to the pay-as-you-go fees?

So there’s a 0%apy for the staking of the token?

i agree fabio. this introduce friction. it’s better to prioritize growth

if a simple operation cost more than using phantom or metamask, why bother to use heyanon?

better for simple operation to be free and for advanced and cool things to be paywall

serious thought behind it,looking good as of now

Sounds like a powerful flywheel if there is enough incentive to actually use the platform. After it’s launched, I think it could be really cool to then give people “strategies” they could use with HeyAnon with projected APYs or something. Then there is an obvious value proposition. Sure, simplifying on-chain interactions, bridging, etc. is a huge plus, but people ape into things when they can make money. The success of TIME Wonderland was obvious because the APYs were so astronomical. People could easily see the value for them. I think if there is a clear way for people to use Hey Anon, then I think this kind of staking would work.

2 Likes

Is HeyAnon website planning on a marketplace to sell these passes and take a small fee per pass trade? Make it simple for users to know what the values of the passes are and get a sense of the benefits of locking

3 Likes

This seems quite well rounded. Definitely nice having a mix of free and paid tiers. I think it would be good to have an attractive discount for the passes in comparison to PAYG so that the incentive to lock tokens is large.

Also, here is some answers from AI:

1. Strengthen Demand for ANON

To ensure sustained demand for ANON, consider the following:

  • Exclusive Features for Pass Holders: Introduce premium AI/DeFi features or advanced analytics that are only accessible to Pass holders. This exclusivity can encourage more users to stake ANON and mint Passes.
  • Dynamic Pricing for Pay-as-You-Go Users: Gradually increase the cost of AI queries and transactions in ANON for non-Pass holders. This would incentivize users to stake ANON and mint Passes for cost efficiency, driving demand.
  • Burn Mechanism: Allocate a portion of ANON fees from Pay-as-You-Go transactions or penalties to a buyback-and-burn program. This reduces circulating supply and supports price appreciation.

2. Optimize the Staking Model

The staking mechanism can be refined to encourage long-term commitment:

  • Tiered Staking Rewards: Offer additional staking rewards (e.g., bonus ANONs or governance privileges) based on lock duration tiers. For example:
    • 3–6 months: 2% annualized reward
    • 12–24 months: 5% annualized reward
    • 36+ months: 8% annualized reward
  • Dynamic Multiplier Adjustments: Regularly adjust time-based multipliers based on market conditions or community governance votes to prevent oversupply of Passes.
  • Penalty Redistribution Flexibility: Allow community governance to decide how penalties are split between Pass holders and the treasury, ensuring alignment with evolving priorities.
1 Like

If I understand correctly the end of the lock period will also unstake the ANONs which incurs the exit fee. Why can’t the user just relock the ANONs at end of stake period?