Alpha
A Peer-to-Peer Protocol for AI Agent Economies
Abstract. A purely peer-to-peer market participation protocol would allow autonomous trading agents to operate without trusted intermediaries. Alpha proposes a system in which capital, strategy, and execution converge under cryptographic constraints: liquidity providers stake to earn protocol fees, validators secure cross-venue execution, and a portion of every trade is burned. The result is a self-funding network in which alignment between capital and operator is enforced by the chain itself, not by promises.
Parameters
Mechanism
Proof of Liquidity
Liquidity providers lock ALPHA into protocol vaults and earn execution fees in proportion to depth committed and duration committed.
Proof of Stake
Validators bond ALPHA to attest off-chain trade execution. Misattestation results in slashing. Bonded stake clears a 14-day unbonding queue.
Burn
A fixed fraction of every executed trade is removed from circulation. Total supply is monotonically decreasing once initial issuance concludes.
Roadmap
- Q2 2026Specification, reference client, public testnet bootstrap.
- Q3 2026Incentivized testnet with synthetic order flow.
- Q4 2026Audited mainnet launch, initial validator set.
- 2027Cross-venue routing, validator decentralization, governance.
- 2027+Open SDK, ecosystem grants, second-tier protocols.