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:
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Lock their ANONs for 3–48 months.
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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
- 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).
- 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.
- 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:
- Free Tier
• 3 AI queries/day
• 5 DeFi agent transactions/day
• Ideal for initial trials or casual use.
- Pass Holder Tier (each Pass)
• 15 AI queries/day
• 30 DeFi agent transactions/day
• Exceeding these daily limits → pay additional ANONs per query/transaction.
- 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
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Deposits 100 ANON → 99 ANONs after 1% fee.
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Moves 99 ANONs to Access Validator Contract, chooses 12 months → 2.0x multiplier.
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Mints ~ (99/50)*2 ≈ ~3–4 Passes.
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Sells them. If user serves the entire 12 months, they retrieve the 99 ANONs (minus 1% exit fee).
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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.
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Access Validator Contract Internals
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Lock Registry
• Stores (User Address) → (Locked ANONs amount, Lock Duration, Start Time, End Time).
- Pass Minting Logic
• Calculates number of Passes based on locked ANONs / 50 * multiplier.
• Mints ERC-721/1155 tokens with an expiry date.
- Payment & Escrow
• Optionally escrows Pass sale revenue in the contract.
• If the locker attempts to break lock prematurely, the contract allocates penalty funds accordingly.
- 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.