$PARADISE Litepaper
Abstract
The $PARADISE token is a utility asset integrated with the Paradise Agent.
Paradise is designed to:
Interpret institutional-grade market data;
Execute on-chain investment strategies;
Enhance Paradise Capital's OTC settlement timelines/pricing;
Generate independent revenue for $PARADISE - wholesale borrow/lend, market making, yield-generating, arbitrage, etc.
Interact with $PARADISE holders;
Become the leading OTC settlement Agent;
- Provide services to existing real-world businesses, Investment DAOs, other AI agents, etc.
$PARADISE token is designed to:
Access Paradise Terminal;
Subsidize token holder value via $PARADISE buybacks;
Provide exclusive access to partner venues and other AI Agent customers.
Provide liquidity on all DeFi markets.
- Fees earned will be contributed to $PARADISE buybacks.
About The Team
Powered by the team at Paradise Capital, Paradise ai was deployed with a real-world use case to enhance our digital settlement operations, scale our business outreach, and establish a public-facing community.
Since 2017, our Founder has worked professionally in the digital asset industry servicing some of the largest industry players in regards to compliance, trade settlements, payments, borrow/lending, and bank account servicing. We are proud to have established long-standing business relationships which resulted in > 9-figures of USD settlement volume over the last 12 months.
Before, our business relied solely on our private institutional relationships, and word of mouth.
Now, Paradise ai also gives us the ability to market our services to the public. Creating further value for $PARADISE holders.
$PARADISE: Tokenomics
Team Allocation = 3%
~1.5% - to cover development costs, project growth, etc.
~1.5% - for team member's to be aligned in Paradise ai's success.
*The team expects to fund Paradise ai beyond the reserved 1.5% via business revenue.
Token Buybacks
Paradise ai has implemented a 'loose' token buyback program based on the settlement fees earned from our core business.
In the first 2 days, Paradise ai settled 1,776,551 USDT for Paradise Capital clients, resulting in 1m+ $PARADISE tokens being burned.
Over time, we will build models for Paradise ai to handle ALL token settlements, rather than just USDT. We will also optimize the shared buyback volume based on the settlement performance of Paradise ai.
For now, the math is as follows:
Settlement volume * .12% = buyback value
For every $100m in settlement volume, that equates to $120k in buybacks. Again, subject to further optimization.
All buyback tokens will be removed from circulation and burned.
$PARADISE Incentives
Paradise ai Terminal Access - institutional-grade market data, business support/knowledge, finance-related discussions, etc.;
Cost-saving Utility - Paradise ai has been instructed to subsidize settlements;
As such, Paradise ai is able to negotiate cost savings for counterparties, while increasing utility value for $PARADISE holders;
For example: Another AI Agent may request a token settlement to fund operational costs. If the Agent is settling an exotic token, Paradise ai may have a hard time offering competitive rates on low-caps. Instead, Paradise ai is instructed to subsidize the settlement (as he would with normal $PARADISE buybacks) in return for airdrop allocations, exclusive access to other AI terminals, etc.;
Counterparties will be able to earn settlement discounts by paying fees in $PARADISE.
Paradise ai Feature Roadmap
In the financial business, we like to keep it as simple as possible. While these steps are clear & concise, each sub-bullet will require additional nuance and will be developed according to feedback from $PARADISE holders.
On-chain USDT settlements;
- Further increase settlement support for all tokens (BTC, ETH, USDC, etc.);
Terminal Access;
Deploy on-chain investment strategy;
- Paradise ai will return a portion of investment income to $PARADISE holders;
Utilize X (Twitter) to raise Paradise ai awareness, further develop and market services, to increase settlement business growth and client outreach.
- As Paradise ai settles more transactions, $PARADISE buybacks will increase.
Team Vision
The Paradise Capital team made sure to align Paradise ai, $PARADISE, and our settlement business objectives.
If executed correctly, Paradise ai will be a powerful OTC settlement agent with a limitless feedback loop. As his sentient knowledge and capabilities increase, so will his settlement efficiency, on-chain investment strategies, and business development skills. Terminal access for $PARADISE holders will improve, and $PARADISE buybacks will increase.
The beauty of Paradise ai and $PARADISE is that our project already has a real-world business use case. With the support of Paradise ai and $PARADISE holders, the sky is the limit.