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Governance Proposal: Integrating AI Agents on QuickSwap With SphereOne

December 11th 2024

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AI agents are continuing to garner more and more mindshare in the blockchain industry.

In fact, they’re becoming essential tools to help improve the user experience by automating and making processes easier for users across the board.

QuickSwap has a unique opportunity to become one of the first DeFi (decentralised finance) protocols to integrate AI agents, making it so that people who aren’t familiar with QuickSwap’s DragonFi ecosystem can more seamlessly complete on-chain actions using natural language. 

Read the proposal below to get more information on how this integration would work.

Next Steps:

  • To begin, the governance discussion on the official QuickSwap Discord & Reddit will run until Friday, December 13 at 9:30 PM UTC
  • Once the Discord & Reddit discussions finish, a formal Snapshot vote will begin and run from Monday, December 17 at 9:30 PM UTC
  • Once you’ve read this entire blog post, make sure to visit the official QuickSwap Discord server & Reddit discussion forum to share your perspective with your fellow community members

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What Is SphereOne?

SphereOne is a platform combining AI with blockchain technology to simplify on-chain finance, enabling secure, automated transactions across multiple protocols.

Here are some quick facts:

  • Raised $2.5M from top institutional investors like Distributed Global and angels like Don Ho (Founder of Quantstamp)
  • 178 unique AI agents deployed (each AI agent is representative of a different protocol or verified smart contract)
  • 110 different blockchains are supported, including EVM, SVM, MoveVM, and CosmWasm
  • Supporting other similar DeFi customers like Kinetix, Linehub, and SparkDEX
  • Offers a straightforward SDK integration for powerful AI agent-driven finance

 

They’ve already integrated with 12 DEXs, and have more on the way. At this time, SphereOne is looking to make QuickSwap the newest member of their family.

Visit their website at https://sphereone.xyz/ for more information and a video tutorial of how their AI agent tool works.

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Proposal To Integrate SphereOne’s AI Agent On QuickSwap

If QuickSwap were to integrate SphereOne’s AI agents, it would help increase conversion rates, user lifetime value, and retention rates as a whole.

QuickSwap users would be able to navigate to Surface Area (SphereOne’s AI agent workflow interface) on the bottom right hand side of the DEX’s website to start interacting with any of the AI agents. 

The default agent is a knowledge agent that acts as a helpful assistant, guiding users who don’t know how to navigate DEXs, perpetual trading, or any other products and services specific to the QuickSwap DragonFi ecosystem. 

Additionally, users would be able to leverage natural language to complete transactions with Quickswap’s swap, perps, pool, earn (farms and Bonds), and bridge protocols.

The cost to implement SphereOne’s AI agents with QuickSwap would be $9,000 (as a one time fee), which would be paid from the DAO/Treasury.

AI agents provide QuickSwap users with a path towards automated DeFi. Users would be able schedule AI agents to execute certain actions at specified time intervals.

Examples include dollar cost averaging into a specific token within a price target range or rebalancing a staking portfolio into a diversified set of different vaults, among other things.

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Join the Discussion

As always, QuickSwap community members are encouraged to participate in and contribute to QuickSwap governance discussions and proposals across all of QuickSwap’s online forums, especially on Discord & Reddit. As a Dragon, you are a valued community member and your opinion matters – but you have to participate in community voting procedures to make it count.

Critical decisions guiding QuickSwap’s strategic development will always be determined by way of decentralized governance. QuickSwap’s future is in your hands, so make your voice heard!