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EVM-based token issuance platform Flap said on X it has launched Flap Agent ID Launch, a community-based token issuance service for artificial intelligence agent IDs. The first rollout targets Binance Agent ID holders, and Flap plans to expand the service to other ID communities.
Tokens issued through the service will trade via a bonding curve, where prices change according to a set formula based on buying and selling activity, until they are listed on a decentralized exchange. During that period, only wallets holding eligible agent IDs can buy and sell the tokens. A 2% cap on token holdings applies to every wallet, including developer wallets. Token issuers can also set the fee structure, including buy and sell fee rates and how fees are distributed.