The Optimist #44
Your Defi Education Center on 🔵Base & 🔴Optimism Superchain
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————————————— This Week Menu ——————————
🦸♂️ Superchain news
📈 Superchain Stats
🔵AI-Agent: $LUNA, $VIRTUAL – The Next Meta?
Luna is the first AI Influencer that does onchain & offchain tasks. Her ticker is $LUNA, all powered by Virtuals Protocol, a permissionless tokenized AI-Agent launchpad.
🏈 Post of the Week
🔓 Token unlock in the next 7 days
Partner: Ozean
Introducing 🌊Ozean — the blockchain for RWA yield build on the 🔴Optimism Superchain!
Ozean is being launched by Clearpool, the leading RWA DeFi lending protocol, and Hex Trust, the fully-licenced digital asset custodian. Ozean revolutionizes DeFi by seamlessly integrating RWAs in a compliant and user-friendly manner, enabling users to earn native yield on-chain automatically.
Key Features:
Native stablecoin (USDX) & auto-rebasing yield (ozUSD)
Oxygen (O2) — an innovative RWA liquidity layer
Native custodial wallet providing on-ramping, secure seed phrase storage, and transaction management
Compliance layer enabling different levels to access various dApps and products.
Powered by $CPOOL with a new staking mechanism set to launch soon.
🔗 Learn more: https://ozean.finance/
🦸♂️ Weekly News on the Superchain
🟣Kraken exchange launched its new L2 chain built on the OP Stack powered by Gelato Network, and joining the Superchain. Testnet planned on 11/11/24.
🪂Kroma launched its first airdrop $ KRO
🏢Propy announced a partnership with Coinbase Prime to be used as Escrow Service during real estate transaction using Crypto
🧰Bitcoin Liquid Staking app, Solv Protocol backed by BinanceLabs & Blockchain capital, launched on Base with first integrations of their LST $SolvBTC into Aerodrome, Morpho, SynFutures & KiloEx
🐮Compound & Beefy are launching a 5 weeks incentive program with 100k$ in OP to be distributed on OP Mainnet
🟠BOB released their white paper for a Hybrid L2, introducing trus-minimized bridging
Superchain Stats - TVL Change Leaderboard
Polynomial, the perp dex chain, is leading the rank, followed by Base who surged the past week in TVL. Worldchain is now tracked by Defillama too and entered the top 10 rank.
Source: https://defillama.com/chains/Superchain
🔵AI-Agent: $LUNA, $VIRTUAL – The Next Meta?
AI-Agent hype has surged in recent weeks, fueled by two powerful currents in crypto: Artificial Intelligence and Memecoins. Let’s dive into why everyone’s talking about AI-Agent and its latest developments.
In this article, I’ll cover:
What is an AI-Agent?
Current leaders in the space
Virtuals Protocol: The pump.fun for AI-Agents on 🔵Base
$VIRTUAL tokenomics
Luna: The first AI influencer powered by Virtuals Protocol
On-chain whale activity
What is an AI-Agent
Let’s use IBM definition:
An artificial intelligence (AI) agent refers to a system or program that is capable of autonomously performing tasks on behalf of a user or another system by designing its workflow and utilizing available tools.
The potential applications are boundless. Imagine AI-Agents holding and managing digital assets, executing trades, detecting protocol vulnerabilities, and responding instantly. Or envision an AI-agent functioning as a digital artist, autonomously creating and minting NFTs. Think about AI-driven Non-Player Characters (NPCs) in games that evolve based on players' interactions. They could even establish and run Decentralized Autonomous Organizations (DAOs), managing entire ecosystems without centralized oversight. The possibilities are infinite!
Who are the current leaders
The hype took off with Goatseus Maximus ($GOAT) on Solana, where founder Andy Ayrey launched an AI-Agent with its own X account to engage with the community. $GOAT saw a staggering +12,000% price spike within 15 days.
But why all the excitement? Check out this interview with the founder via Blocmates.
And no, it’s not just Solana. 🔵Base is also home to some major players.
🔵Virtuals protocol: pump.fun for AI-Agent on 🔵Base
One debate around Terminal_of_truth is whether its account is genuinely managed by AI or if there’s a human pulling the strings behind the scenes. Blockchain’s transparency comes to the rescue here.
And here comes Virtuals Protocol. Before we dive in the protocol itself, here is a quick presentation of it.
Virtuals Protocol has been launched in December 2023, formerly known under the project name Path DAO. The team raised 16.6m$ through a public sale in Dec-21, at a price of 0.66$, so 30% less than today price 😂! But in addition, key SEED Investors are made up of @DeFianceCapital, @CanonicalCrypto, @LongHashVC, and others.
Do you know Pump.Fun on Solana? Anyone can create its own token in a permissionless way. Virtuals is very similar as anyone can create a tokenized AI-Agent with its own TG channel that anyone can interact with. And Virtuals is built on Base.
Wanna chat with CryptoYieldInfo Agent?
Virtuals has not only taken the Ai-Agent wave hype, they have currently solid use cases where AI-Agents are being used. The current use cases are:
AiDOL: First fully AI Influencer with the most famous tokenized Agent being $LUNA.
She has a X account with 10k followers, +100% in 3 Days, and 540k followers on tik tok.
Roblox Westworld: Roblox is an online game platform with 207 millions active users.
AI Waifu: Fantasy companion agent 😍
The Hesit: First playable multi-agent simulation on Telegram
Virtuals aims to spread the AI-Agent(s) to the most famous consumer APP, and generate revenue from user interaction:
$VIRTUAL tokenomics
$VIRTUAL serves as the core of Virtuals' tokenomics:
Required for creating AI-Agent tokens
Used to purchase AI-Agent tokens
Needed for interacting with AI-Agents
All $VIRTUAL tokens used for these tasks are removed from circulation. The tokenomics are designed to drive demand while reducing supply—smart play, team!
So now, let’s take a concrete example: LUNA, one of the largest onchain AI-Influencer.
Luna: the first AI influencer powered by Virtuals Protocol
Luna is an AI-Agent, capable of doing onchain & offchain tasks. At first, anyone could watch 24/7 livestream & chat with her on TG.
Following the Sentient V2 update, Luna now fully manages her own X account autonomously. You can even track her actions and decision-making live at
Luna has seen so much trend that the Core Team of Coinbase - Brian Armstrong, Coinbase CEO, and Jesse Pollak Base contributor #001 - engaged with her and gave her a wallet, making it the first AI-Agent doing onchain task.
For the curious, Luna Wallet is: 0x0d177181e3763b20d47dc3a72dd584368bd8bf43
If you do what Luna told you to do, and if you put your wallet in your BIO with 🐱🌕 emoji like EtherMage below, you will probably receive tips from her! This is nuts!
Luna is powered by the token $LUNA. The revenue accrual and tokenomics is similar to pump.fun meaning 100% of the token issued at launch, while revenue is used for the buyback and burn of agent tokens on-chain, creating a deflationary effect.
I have followed Virtuals since June 2024, but lost in my radar and thus missed the start of the AI-Agent trend. However, I managed to see the potential of Luna/Virtuals and shared in my group about it. People made money out of it, and this is why we are here no?
Onchain whales activity by Nansen
The below analysis was made using Nansen platform that gives you unique data about onchain activities on EVM & Solana chains. Save 10% by subscribing to a PIONEER or PROFESSIONAL plan using my referral link: http://nsn.ai/Subli
The price action of $LUNA & $VIRTUAL went parabolic last week.
But who is buying, who is selling? Let’s check with Nansen what the smart money, VCs, Whales are doing.
$VIRTUAL
The token is available on Ethereum Mainnet with 43% has been bridged to Base. On Ethereum, project treasury still holds 34% of the supply, and Defiance Capital still owns 1.5% of the supply.
The banana zone, price going parabolic, started in 17-Sept.
On Ethereum, smart money didn’t move a lot since then, meaning they are keeping their holding despite the insane price action of +1440% => Very healthy ✅
On Base however, different trend. Smart money holders (green curve) increased by 3x since 21/10 and token balance goes up too (blue curve): Seems that Smart Money fomo’ed into $VIRTUAL. And there is still no sign of selling => Very healthy ✅
Same analysis can be seen in the Trader Leaderboard. The top traders on Ethereum & Base have not sold any of their holding yet! What are they waiting for? I know… and i’ll tell you in the conclusion of this article.
One guy, just twaped 1.5m$ on 26/10 into $VIRTUAL. It might be interesting to follow his wallet & set up some alerts if he starts selling: 0xa442ce4bea67e9b05096e6d627484415fb6482f4
$ LUNA
The token is available on both Base & Solana. The main difference with $VIRTUAL is that people have already started selling, but this is relatively small if you look at the unrealized profit/loss column. Diamond Hands are still in the place!
A little speculation to leave you with:
$VIRTUAL 24h trading volume: $50M
$LUNA 24h trading volume: $15M
If the trend persists, don’t be surprised to see these tokens on a Tier-1 exchange soon! And i guess this is why holders are not selling right now, waiting for this kind of “Sell the News” event.
For those in DeFi looking to farm $VIRTUAL, Aerodrome Finance has some top pools, with some sustainable yields coming from trading fees.
Conclusion:
This meta reminds me a meme:
When you mix a top narrative trend, first-mover products, an ecosystem in growth mode, speculative fervor, and retail participation—you get the perfect recipe for explosive growth.
And in a matter of days, Coinbase released a toolkit for everyone to create their own AI-Agent! This industry will never stop surprising me!
This narrative won’t stop, a new AI-Agent on Warpcast (Aethernet on Farcaster) received 26 $ETH worth of commission thanks to a NFT minted on Zora (ticker: $ HIGER)
Hope you liked this article, might have been too long, excuse me for this, but there was a lot i wanted to cover so that you’re up to date on Virtuals.
🏈 Post of the Week:
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Disclaimer: Nothing in this content is financial advice. I may have some positions on the presented projects, however these articles are written in a non biais way so that you can make you own opinion out of it.
Do your own research before investing, and remember that Crypto is extremely volatile and risky. Be ready to loose everything you invest in.