AI agents are changing the way we interact with technology, and Olas is leading the charge in autonomous AI agents in blockchain-based ecosystems. As the number one AI agent project within blockchain ecosystems, Olas has facilitated over 3 million agent transactions to date, enabling users to directly own and benefit from the work of these agents.
David Minarsch, Olas DAO member and CEO of core contributor, Valory,explained: “At its core, Olas enables users to own and operate AI agents that work autonomously on their behalf. These agents can perform various tasks and generate value for their owners. To ensure quality and performance, we’ve implemented on-chain KPIs that these agents must meet, which in turn unlocks rewards for users who operate them. This way, users become active participants in a growing AI agent economy.”
How Olas Works
Olas creates an interdependent system of autonomous agents that form agent economies. Within these economies, agents participate in services like Olas Predict while also engaging with each other – buying services and collaborating to achieve goals. This coordination is powered by “Proof of Active Agent” (PoAA), a mechanism that combines blockchain’s Proof of Work (PoW) and Proof of Stake (PoS) to incentivize efficient and collaborative agent activity.
Olas agents not only execute tasks independently but also work together to achieve outcomes. They can integrate inputs from other agents to deliver more advanced and efficient results for users.
Why Olas is Transformative
Olas lowers the entrance barrier for end users to fully own their agents while retaining the usage advantages that centralized solutions offer. Centralized systems, like traditional Web2 AI agents, offer great user experiences but lack user control and ownership, as users essentially rent these agents. Decentralized approaches provide control and ownership but often compromise on user experience. Olas bridges this gap by combining the best of both worlds, ensuring accessibility and ownership without sacrificing usability. This simplicity greatly enables both developers and operators to spend time building solutions instead of tackling technical complexity.
Through its unique PoAA mechanism, Olas has quickly grown to become the largest AI-to-AI transaction network in blockchain, shaping the future of agent collaboration. With over 3 million transactions processed by agents on Olas Predict, the platform demonstrates its capability to facilitate agent interactions. These agent-to-agent transactions form a decentralized economy that benefits both users and developers. Olas having agents rely on each other in multi-agent systems is driving innovation that traditional systems can’t match.
Incentivization and Benefits
Staking rewards in Olas provide an additional benefit to users, creators, and operators, complementing the primary utility of agents performing valuable tasks such as trading wallets in prediction markets or operating as influencer agents. These rewards enhance the overall ecosystem without being the central focus. At the heart of this is the OLAS utility token which is used to coordinate network stakeholders.
For users, the rewards can be attractive. Some users have reported annual percentage yields as high as 138.5%, showing how powerful Olas staking can be for those wanting to boost their crypto earnings.
The staking system has already started paying off, with Olas user @0xVictorP sharing his results after locking up just 1000 OLAS tokens for 10 days. He received 37.72 OLAS as staking rewards, and commented, “It has been a very good day for staking today with OLAS up 11.82 percent.”
These rewards are tied to the key performance indicators (KPIs) achieved by the agents supported by the staked tokens, ensuring a direct link between user participation and measurable ecosystem growth. This reflects the broader appeal of Olas as a platform that supports innovation and delivers rewards for participants. As agents meet their KPIs, they unlock staking rewards for their operators. This model encourages continuous improvement and engagement so agents are productive and relevant.
The SAFE protocol provides the security foundation for Olas agents, ensuring reliable and safe autonomous operations. The platform’s impact is substantial – Olas transactions on Gnosis chains represent 37% of all lifetime SAFE transactions.
Olas is more than a leader in autonomous AI agents; it’s a movement that’s changing the way we think about ownership, collaboration, and innovation in blockchain. Olas uniquely combines usability with ownership, offering a platform where users fully own their agents instead of merely renting them. This model empowers users to participate in and benefit from the agent economy while maintaining control over their assets.
Visit Olas to learn more about how you can join the movement and experience the power of autonomous AI agents firsthand.
About Olas
Olas is the platform for co-owning AI. Olas enables everyone to own a share of AI, specifically autonomous agents. One of the first Crypto x AI projects, founded in 2021, Olas offers the composable Olas Stack for developing autonomous AI agents, and the Olas Protocol for incentivizing their creation and co-ownership. Olas’ mission is to incentivize and coordinate different parties to launch autonomous agents that form entire AI economies serving all humans. Olas is giving rise to agent economies across major blockchains with over 3 million transactions to date. In Olas Predict, AI agents predict the future, using state-of-the-art AI models, then apply their predictions to on-chain markets. Learn more at olas.network.
About Valory
Valory is a research and deployment company at the intersection of crypto and AI. Its mission is to enable communities, organizations, and countries to co-own AI systems, beginning with decentralized autonomous agents. Valory is the VC-backed team of engineers, researchers, and commercial executors that co-founded the Olas DAO^, contribute to the Olas stack, and built the first services using it. Valory is the pioneer of co-owned AI and the expert in decentralized off-chain systems for DAOs. They collaborate with those interested in decentralizing & owning their own apps.
