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$AGNTS is the token beneath the collection. It is not a separate product — it is the price of an AGNT, expressed so a market can trade it.
$AGNTS is live on Robinhood Chain: 0x2c7a596448f329e3ad35181be4be19d941a682b9. Activation is live. Vault swaps are live at mint.agnt.social.

Supply

1,000,000,000 $AGNTS at launch, fixed. Nothing mints more; activation burns only lower it.
  • 50% fair launch on AGNT
  • 50% held by the tut™ AMM vault for swaps
$AGNTS trades on AGNT through custom v4 pools.

What a piece is worth at the vault

Every AGNT has a fixed $AGNTS value set by its tier. The vault swaps in both directions — hand over $AGNTS and take a piece out, or hand in a piece and take $AGNTS. Which means the vault will accept any piece at the fixed amount for its tier, while it holds $AGNTS to pay.

Vault fees

The fee is one way. Selling a piece into the vault always pays the full amount.

Activation

Activation has its own cost, separate from the swap amount. Two parts: A Common and a Legendary pay the same $AGNTS. The ETH side is where tier shows up.

How the floor is worked out

The floor comes from the ladder, not from the market. A Rare counts as five Commons, an Epic as fifteen, a Legendary as thirty — the same counts it takes to burn your way up a rung. One observed price, the Common floor, sets all four. Above Common there is not enough trading to read a price from. A few dozen Epics and Legendaries sit in public hands, so the lowest listing is whatever one person happened to ask, with nothing underneath it to correct it. Working the floor out from the ladder means the fee cannot be moved by a single listing, and no price feed is needed to charge it. At a Common floor of $30:

What it costs in dollars

The $AGNTS amount never changes; what changes is what $AGNTS is worth. Collection and token both at $250k — a $42.02 Common floor, $AGNTS at $0.00025: Both at $1M — a $168.07 Common floor, $AGNTS at $0.001: Because both legs scale with the same activity, that last column stays roughly fixed at any size — activation is always about 70% of a Common and about 12% of a Legendary.
That is an arbitrary market cap picked to show the arithmetic. It is not a forecast, a target, or a suggestion that $AGNTS or the collection reaches it.

Staying affordable if the token moves

The $AGNTS cost is a fixed number, so if the token rises the dollar cost rises with it. The protocol can lower the amount, and can only ever lower it — the setter refuses any change that would raise the cost. Nobody can be charged more than the price they saw when they decided to buy. The ETH side moves with the collection’s floor rather than the token, so the two parts do not rise and fall together.
Activation is a cost, not a reward. The $AGNTS you pay is burned or goes to treasury. The ETH activation fee is a protocol fee: like every other fee, 70% of it funds holder rewards — see Rewards.

It burns from both ends

The pieces burn on the ladder. The token burns on activation. Both draw from the same vault.
AGNTS are collectibles. Activation is a mechanic within the collection, not an investment, and nothing on this page should be read as a return, a yield, or a promise of any payment.