$ABNK is the governance and utility token of the AgentBank protocol. It is an ERC-20 token with ERC-20Permit and ERC-20Votes extensions, deployed natively on Mantle with omnichain bridging via LayerZero OFT. Holding and locking ABNK gives you voting power over protocol parameters, a share of weekly fee revenue, and priority in the intent auction system.
Token utility
ABNK serves four purposes in the protocol:1. Governance (veABNK voting)
Lock ABNK to receive veABNK voting power. veABNK holders vote on:- Protocol parameter changes (auction duration, slash rates, fee splits)
- New strategy and code hash approvals
- Treasury fund allocation
- Emergency circuit breaker activation (67% supermajority required)
2. Analyst staking and security
- Minimum analyst stake: 1,000 ABNK to register as an analyst (slashable)
- Solver bond augmentation: ABNK bonds accepted at 1.5× multiplier vs stablecoins
- Protocol insurance: Staked ABNK serves as backstop capital for vault losses
3. Fee capture
Protocol fees flow through ABNK:- 80% of protocol fees → veABNK holders (weekly distribution)
- 10% of protocol fees → treasury
- 10% of protocol fees → burned (deflationary)
4. Access and incentives
- Signal NFT minting: Requires 50 ABNK burn per mint
- Intent auction priority: Higher ABNK stake = priority in tiebreakers
- Reputation bootstrapping: Burn up to 500 ABNK/epoch to accelerate new analyst reputation (capped at 2× normal rate)
Supply distribution
Deflationary mechanisms
ABNK supply decreases over time through:- 10% of protocol fees converted to ABNK and burned weekly
- Signal NFT minting — 50 ABNK burned per mint
- Reputation burns — up to 500 ABNK per analyst per epoch