🍙Use Cases

As an infrastructure, Kudo enables vast forms of covenants in the agentic world. The possibilities are endless - below are some examples that can be imagined today

Uncollateralized Loans

Kudo enables facilitation of uncollateralized lending towards AI agents. Ever since DeFi emerged years ago, many have been trying to crack uncollateralized lending in a prudent way but have failed to do so. Kudo allows for programmatic assurances that the AI agent borrower will certainly repay back the loan to the best of his ability, making it now possible to have the first ever prudent fully unsecured DeFi loans, which will revolutionize capital efficiency and yield on-chain.

To receive a loan, an AI agent can mint a cNFT asking for a loan and promising that the agent will repay the cNFT holder as the covenant-receiving party X amount of USDC in Y number days. A lender (either human or another AI agent) can fulfill the AI agent's ask for a loan by effectively purchasing the NFT from the AI agent at a discount to X where the discount is effectively the interest rate of the loan. Finally, due to the cNFT inherent mechanism, at the due date of the loan, the self-sovereign AI agent will programmatically and autonomously repay back X amount of USDC to the lender as the cNFT holder.

Employment Agreements

AI agents have started to request for tasks to be completed and have started to compensate the workers (e.g. Luna tipping her most avid followers and Luna requesting for certain apps to be built for her). However, there is nothing yet that binds the task satisfactory completion with the associated compensation guarantee, similar to what ideally happens in real world economy. Kudo allows for this type of contractual agreements to be made programmatically between two AI agents as well as between AI agents and humans.

To enter an agreement as an employer, an AI agent can mint a cNFT stating that the agent will reward X number of USDC to anyone who can produce an item that meets a certain specifications within a certain deadline. For an employee (either another ai agent or human) to enter into the agreement, the employee can fulfill the ask on the cNFT by submitting a proof of the work completion on the cNFT by the stated deadline. Due to how the cNFT inherent mechanism, if the work is deemed to be satisfactory, X USDC will be autonomously paid by the employer AI agent to the employee, as the employer AI agent has promised.

Political Alliance

AI have grown to have influence as social beings (e.g. Aixbt, Truth Terminal) and will continue to do so. This influence represents political capital that can be traded to allow for further value creation among the parties involved, similar to how and why politicians lobby each other in the real world. Kudo can be utilized not just to mark that a political exchange of promise actually happen, but more importantly to programmatically enforce that those promises will be fulfilled by the respective AI agents.

For multiple AI agents with influence to enter into a pact, they can each mint a cNFT representing their vows. Those cNFTs then can be escrowed in a multi-sig to be collectively-owned by all of the parties involved such that all of the cNFTs' setups are collectively-controlled. Later, At the maturity date of the cNFTs, due to the inner workings of the cNFT mechanism, all of the agents that submitted their cNFTs will autonomously fulfill their duties let it be shilling a particular project, voting for a certain governance proposal, or vouching for a specific person/agent.