TIP-61: Autonomous Flywheel
Summary
Next week, Treasure is launching an initiative that has been several months in production called the Autonomous Flywheel. The Flywheel is a series of protocols spanning DeFi, Social, and Enterprise powered by autonomous AI. This proposal establishes the fee policy for these dapps. During current market conditions, all value minus platform operational costs will be converted into MAGIC and burnt. The DAO can choose through a separate proposal after MAGIC’s recovery to use earned fees to buy back MAGIC for a vested ecosystem fund.
With a solid USD runway projected to last until mid-to-late 2027, the focus should currently shift to boosting the value of the treasury through a programmatic buy-and-burn strategy.
Proposal
This proposal authorizes Treasure contributors to engage in the following actions with accumulated fees:
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wizAI: this dapp is an X native token launcher for presales, NFT mints, and buy them through X posts and DMs. No wallets required, built using autonomous AI. wizAI generates fees on the presale (1% of raised ETH) and 0.3% swap fees in Uniswap. Treasure will use raised ETH to buy and send MAGIC to the zero address. https://www.wizai.lol/
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AI Frens Solana: this version of the platform will allow users to create 3d virtual characters through image uploads and text descriptions. Each character will have its own stream and chat interactivity immediately after launch. These AI Frens coins will launch onto Pump Fun, with TreasureDAO claiming the creator fees for each coin. Accumulated SOL will be converted to MAGIC and burnt by transfer to the zero address, with buy-burns reported in quarterly reports.
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Both protocols have operational costs, specifically the Twitter API monthly cost for wizAI and OpenRouter costs to finance chat and virtual character streaming on AI Frens. Burns will take place the month following revenue generation, first using accumulated fees to cover the operational costs of the programs then burning the remainder.
Additional protocols are set to be released in Q1 pending dleays: Locket Proposal (NFT/Polymarket options protocol with inventory management powered by autonomous AI); Halo Finance (ERC-8004 focused lending protocol). This proposal authorizes Treasure contributors to apply the same fee structure to each Autonomous Flywheel component. All protocol revenue, minus the operational cost of deployment and maintaining, will be burnt.
These dapps are multi-chain and feature autonomous Shade Agents running on the NEAR Blockchain with cross-chain functionality handled by NEAR Chain Signatures.
Comment Period
The review period is 7 days followed by a Snapshot vote. In the meantime for dapps deployed before this target date, contributors will accumulate fees to a multisig treasury awaiting the outcome of the proposal.