3.2 $AIMON Token Utility

The $AIMON token is the lifeblood of the AI MONSTER ecosystem, serving multiple crucial functions that drive engagement, reward participation, and govern the platform's development. Let's delve deeper into each aspect of the token's utility:

3.2.1 Minting & Trading

$AIMON tokens are essential for all core activities within the AI MONSTER ecosystem:

• Monster Generation: Users spend $AIMON to generate new AI monsters, with costs varying based on complexity and rarity.

• Training & Evolution: $AIMON is used to purchase training sessions or evolution materials for monsters.

• Marketplace Transactions: All trades of AI monsters and related assets are conducted in $AIMON.

Technical Implementation:

• Token Standard: SPL (Solana Program Library) Token

• Decimals: 9 (allowing for microtransactions)

• Supply Model: Deflationary (token burn on certain actions)

Smart Contract Example (Simplified):

const { Token } = require('@solana/spl-token');
const { Connection, PublicKey, Transaction, sendAndConfirmTransaction } = require('@solana/web3.js');

async function mintAIMonster(connection, payer, aimonMint, amount) {
  const AIMONToken = new Token(
    connection,
    aimonMint,
    Token.ASSOCIATED_TOKEN_PROGRAM_ID,
    payer
  );

  const userAIMONAccount = await AIMONToken.getOrCreateAssociatedAccountInfo(payer.publicKey);
  
  // Check balance
  const balance = await AIMONToken.getAccountInfo(userAIMONAccount.address);
  if (balance.amount < amount) {
    throw new Error('Insufficient $AIMON balance');
  }

  // Burn $AIMON for minting
  const transaction = new Transaction().add(
    Token.createBurnInstruction(
      Token.ASSOCIATED_TOKEN_PROGRAM_ID,
      aimonMint,
      userAIMONAccount.address,
      payer.publicKey,
      [],
      amount
    )
  );

  // Add monster minting instruction here

  await sendAndConfirmTransaction(connection, transaction, [payer]);
  console.log('AI Monster minted successfully');
}

This example demonstrates how $AIMON tokens are burned when minting a new AI monster, implementing a deflationary mechanism.

3.2.2 Creator Rewards

The AI MONSTER platform incentivizes content creation and AI model improvements through a robust reward system:

• AI Model Contributions: Developers who enhance the AI generation models receive $AIMON rewards based on the usage and performance of their contributions.

• Monster Design Royalties: Original creators of popular monster designs receive ongoing $AIMON royalties from subsequent trades and derivative works.

• Community Content Creation: Users who create valuable content (e.g., tutorials, artwork) are rewarded with $AIMON through community voting.

Reward Distribution System:

const { PublicKey, Transaction } = require('@solana/web3.js');
const { Token } = require('@solana/spl-token');

async function distributeCreatorRewards(connection, treasury, creators, amounts) {
  const AIMONMint = new PublicKey('AIMON_MINT_ADDRESS');
  const AIMONToken = new Token(connection, AIMONMint, Token.ASSOCIATED_TOKEN_PROGRAM_ID, treasury);

  const transaction = new Transaction();

  for (let i = 0; i < creators.length; i++) {
    const creatorAccount = await AIMONToken.getOrCreateAssociatedAccountInfo(creators[i]);
    
    transaction.add(
      Token.createTransferInstruction(
        Token.ASSOCIATED_TOKEN_PROGRAM_ID,
        treasury.publicKey,
        creatorAccount.address,
        treasury.publicKey,
        [],
        amounts[i]
      )
    );
  }

  await sendAndConfirmTransaction(connection, transaction, [treasury]);
  console.log('Creator rewards distributed');
}

This system ensures fair and transparent reward distribution to creators, incentivizing ongoing contributions to the ecosystem.

3.2.3 Governance Rights

$AIMON token holders have the power to shape the future of the AI MONSTER platform through a decentralized autonomous organization (DAO):

• Proposal Submission: Holders can submit proposals for ecosystem improvements, requiring a minimum stake of $AIMON.

• Voting Power: Voting weight is proportional to the amount of $AIMON staked, with options for delegation.

• Treasury Management: The community decides on the allocation of platform revenues and reserves.

DAO Implementation:

• Governance Framework: Realms (Solana's native governance program)

• Proposal Threshold: 1,000,000 $AIMON

• Voting Period: 7 days

• Execution Delay: 2 days (for security)

Governance Interaction Example:

const { getGovernanceProgramVersion, getInstructionDataFromBase64 } = require('@solana/spl-governance');
const { PublicKey, Transaction } = require('@solana/web3.js');

async function submitDAOProposal(connection, wallet, proposalData) {
  const governanceProgram = new PublicKey('GOVERNANCE_PROGRAM_ID');
  const realm = new PublicKey('AI_MONSTER_REALM_ID');
  
  const instructionData = getInstructionDataFromBase64(proposalData);
  
  const proposal = await getGovernanceProgramVersion(
    connection,
    governanceProgram
  );

  const createProposalTransaction = new Transaction().add(
    proposal.createProposal({
      realm,
      governance: new PublicKey('AI_MONSTER_GOVERNANCE_ID'),
      tokenOwnerRecord: wallet.publicKey,
      name: 'Improve AI Model XYZ',
      descriptionLink: 'https://forum.aimonster.io/proposal-xyz',
      governingTokenMint: new PublicKey('AIMON_MINT_ADDRESS'),
      holdUpTime: 2 * 24 * 60 * 60, // 2 days in seconds
      proposalIndex: await proposal.getProposalCount(realm),
      instructionData,
    })
  );

  await sendAndConfirmTransaction(connection, createProposalTransaction, [wallet]);
  console.log('DAO proposal submitted successfully');
}

This example showcases how $AIMON holders can interact with the governance system to submit proposals for ecosystem improvements.

3.2.4 Liquidity Incentives

To ensure a vibrant and active ecosystem, $AIMON implements various liquidity incentives:

• Staking Rewards: Users can stake $AIMON to earn additional tokens and boost their monsters' attributes.

• Liquidity Provider Incentives: Contributors to $AIMON liquidity pools receive a share of transaction fees and bonus $AIMON rewards.

• Engagement Bonuses: Participating in monster battles, AI training sessions, or governance voting earns users additional $AIMON.

Staking Smart Contract (Simplified):

const { PublicKey, Transaction } = require('@solana/web3.js');
const { Token } = require('@solana/spl-token');

async function stakeAIMON(connection, wallet, amount) {
  const AIMONMint = new PublicKey('AIMON_MINT_ADDRESS');
  const stakingPool = new PublicKey('STAKING_POOL_ADDRESS');

  const userAIMONAccount = await Token.getAssociatedTokenAddress(
    Token.ASSOCIATED_TOKEN_PROGRAM_ID,
    Token.TOKEN_PROGRAM_ID,
    AIMONMint,
    wallet.publicKey
  );

  const transaction = new Transaction().add(
    Token.createTransferInstruction(
      Token.TOKEN_PROGRAM_ID,
      userAIMONAccount,
      stakingPool,
      wallet.publicKey,
      [],
      amount
    )
  );

  // Add staking record update instruction here

  await sendAndConfirmTransaction(connection, transaction, [wallet]);
  console.log('$AIMON staked successfully');
}

This staking mechanism encourages long-term holding and active participation in the ecosystem.

By implementing these diverse utility functions, the $AIMON token becomes an integral part of every aspect of the AI MONSTER ecosystem. It not only facilitates transactions but also aligns incentives among different stakeholders, from casual users to serious AI developers and content creators. The token's deflationary nature, combined with staking and governance mechanisms, ensures that engaged community members have a real stake in the platform's success and future direction.