Token Flywheel Proposal #1
askr has a chance to use consumer buying power to tokenize AI models, to benefit all crypto users.
This is how we imagine a consumer-friendly front end fueling and spinning the wheels of an entire crypto ecosystem in the back end.
ASKR utility
Lower fees the more you hold: your discount is your share of ASKR supply × 100. Hold 0.1% and get 10% off, hold 0.5% and get 50% off, hold 1% and pay no fee. You also get airdrops of every new model token, and you gain from the nonstop buybacks and burns.
Model token utility
Hold a model token, like $GPT or $CLAUDE, and you get free use of that AI on heyaskr.ai. Use it yourself, or sell it back through askr. We also believe every tokenized model, like “hold $GPT, earn free ChatGPT”, could break out to a wider audience of people who aren’t even aware of ASKR. Inspired by the success of Virtuals and its standout tokens.
Fee generation
Every AI model we tokenize is paired with ASKR. So the moment an airdrop lands, holders can be the first to supply liquidity to both ASKR and the new model token, with one button, and earn LP fees on every trade.
Revenue coming in
The money comes from two places: people using AI on heyaskr.ai, and the fees from token trading on Pons. Both feed the same pool.
Flywheel cadence
At the start the wheel turns once a week: buybacks, burns and payouts on a set day. Then daily, then hourly. Then fully automatic, running as fast as it can.
Airdrops, automatic
33% of every new model token goes to ASKR holders. There is nothing to stake and nothing to claim: hold ASKR and it arrives. Rather not hold tokens? Opt out of tokenized rewards and sell everything back to askr for ASKR or ETH, the chain’s native token.
The flywheel
Money comes in at the top, filters down row by row, and loops back up. Watch the model token pools fill, launch their tokens and airdrop them to ASKR holders. Tap “How it works” on any row to read about it.
- Revenue coming in
- Going back to ASKR and its holders
- Burned
- Model token pools
Money drips in at the top and filters down, row by row, then loops back up. The pools fill at the speed of real usage on askr, launch on their own, and the cycle replays. An illustration: amounts are not to scale.
How it all works
The seven rows of the flywheel, one at a time, in plain words.
Money comes in
People use AI on heyaskr.ai. They pay what the AI costs, plus a small 5% fee.
People also trade ASKR on Pons. Every trade pays a 2% fee.
And people trade model tokens, like $GPT. Every trade pays a 1% fee.
Those three fees are the money that spins the wheel.
Example: You use $100 of Claude. You pay $105. The extra $5 is the fee.
Into the pool
Most of that money goes into one big pool.
90% of the heyaskr.ai fees go in. Half of the ASKR trade fees go in. All of the model token trade fees go in.
Nothing is spent first. It goes straight in.
Example: Of your $5 fee, $4.50 goes into the pool.
The pool splits
The pool is cut in half.
Half buys ASKR on the market.
The other half fills the model token pools. There is one pool for each AI: $GPT/ASKR, $CLAUDE/ASKR, $GOOGLE/ASKR and more. Each one is paired with ASKR.
When you use an AI, you help fill that AI’s pool.
Example: $2.25 buys ASKR. $2.25 goes into the $CLAUDE/ASKR pool.
Model tokens launch
When a model token pool is full, its token is born. For example, $CLAUDE.
It is paired with ASKR from day one.
askr uses the pool to buy 33% of the new token and gives it to ASKR holders for free. It just arrives. You don’t have to stake or claim anything.
The other 67% is on the market for anyone to buy.
Example: Hold 1% of ASKR when $CLAUDE launches and you get 1% of the 33% given away: 3,300,000 $CLAUDE out of 1,000,000,000.
Buying on the market
The buying never stops.
The pool keeps buying ASKR. Once a model token has launched, its pool keeps buying that token too.
At first the buying happens once a week. Then once a day, then once an hour, then all the time, on its own.
Example: More use and more trading means more buying.
Burn and reward
Of every token the pool buys, 75% is burned. Burned means gone forever, so there are fewer tokens left.
The other 25% goes back to holders as free AI credits.
ASKR holders get credits for any AI. Model token holders get credits for their AI.
Example: For every $1,000 bought: $750 is burned and $250 goes back to holders.
Everyone benefits
ASKR holders pay lower fees and get airdrops and credits.
Model token holders get free use of their AI.
Anyone holding ASKR and a model token can add liquidity with one button and earn fees.
Don’t want the tokens? Sell your credits and rewards back to askr for ASKR or ETH.
All of this makes people use askr more. More use brings more money in at the top, and the wheel turns again.
Example: Hold 0.1% of ASKR and your fees are 10% less. Hold 1% and you pay no fee at all.
This is a proposal. Nothing on this page is live yet, and the numbers may change. Tell us what you think: every vote and comment is read by the team.