What is Agoric?

Agoric believes that bringing the world economy online requires making it easy for the world’s programmers to develop smart contracts. A key to this is enabling a safe and secure development environment that Agoric can achieve through our object-capability-based Javascript execution environment, building on the team’s decades of prior research and successful implementations carrying billions of dollars.

- NodeJS for DeFi

- Public Layer-1 PoS chain with Tendermint sped and security

- JavaScript smart contracts with familiar tools and development environments

- Object-capability security model for easy risk partitioning

- Build with encapsulated components for exponential composability

- Easy to compose smart contracts and go to market strategy

CHAIN: Tendermint/Cosmos

CONSENSUS: PoS with BFT

Use case:

The Agoric Economy consists of three tightly coupled components:

The Agoric Ecosystem is where consumers and producers exchange goods and services and build decentralized finance dApps and other businesses.

The Local Currency Machine mints the native local currency, providing users with a stable medium of exchange and store of value for on-chain assets. The local currency machine reduces transactions costs to encourage adoption.

The Staking Market is where market participants in the Agoric ecosystem bid to have their transactions confirmed by validators. Stakers delegate their native staking token to validators to incentivise the correct execution of transactions and are rewarded for securing the network.