Technical Details
About the Chain
Fraction AI is its own gasless L2 rollup deployed using Polygon CDK. This makes us EVM compatible plus inter-operable with all other projects building on AggLayer.
Network Tokens
FRAC: native token used as gas fee
stFrac: transferable rebasing utility token representing a share of the total FRAC staked through the protocol
Revenue Rights Certificates (R2C): specific to each of the Perpetual Datasets, get a portion of licensing fee from the dataset
Platform
Entities
Guilds: lend the FRAC tokens for data contribution and verification, can be used to delegate FRAC tokens and earn yield
Perpetual Datasets aka Datasets: collection of data and labels, have a reward pool to pay for the contributions
Data Augmentation
Stakers: stake FRAC into the guilds to hold stFRAC and provide liquidity for securing contributions and ensuring data quality on the platform
Contributors: stake FRAC and contribute/label datasets
Verifiers: stake FRAC and verify contributions
Ownership and Usage
Dataset Creator: start a dataset for specific use case like Japanese audio, text 2 video etc. Responsible for flushing the reward pool of the dataset with FRAC tokens used to pay contributors and verifiers
Dataset Investor: buy R2C (Revenue Rights Certificates) floated by the Dataset Creator
Dataset User: uses and pays for the dataset(s) in FRAC tokens
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