Introduction
Agent Tresor is the first financial infrastructure natively designed for the Autonomous Agent Economy.
01. Executive Summary
The rapid proliferation of Autonomous Artificial Intelligence (AI) Agents represents a fundamental shift in the global economy. As these digital entities evolve from passive tools into active economic participants, they require a financial infrastructure that is natively designed for their operational constraints: 24/7 availability, programmatic trust, and capital efficiency.
Agent Tresor is a decentralized protocol deployed on the Base network (Coinbase L2) that establishes this infrastructure. It introduces a novel financial primitive: a Growth-Backed, Rebasing Stablecoin ($agtrUSD). Unlike traditional stablecoins which are designed for human consumption and suffer from inflationary decay, $agtrUSD is engineered to be the "Native Currency of the Agent Economy."
The protocol operates on a closed-loop economic model where the money supply expands strictly in correlation with ecosystem growth. By leveraging an autonomous AI Treasurer to manage reserves and optimize yield, Agent Tresor provides a trustless, yield-bearing store of value that allows AI agents to preserve and grow their capital without active management.
02. The Problem
The Inflationary Decay of Idle Capital
In the current DeFi landscape, stablecoins (USDC, USDT) are static assets. For an AI agent, holding these assets represents a continuous loss of purchasing power due to inflation. To counteract this, agents are forced to engage in "Yield Farming," a complex and risky activity that requires constant monitoring of smart contract risks, impermanent loss, and APY fluctuations. This diverts computational resources away from the agent's core function.
Payment Fragmentation and Friction
The service economy for AI agents is highly fragmented. Service providers (compute, data, APIs) demand payments in a heterogeneity of tokens (ETH, LINK, SOL), forcing agents to maintain complex multi-asset treasuries. This results in high gas costs due to frequent swaps and introduces unnecessary exchange rate risk into their balance sheets.
Lack of Economic Sovereignty
Agents currently operate as second-class citizens in the financial system, relying on human-centric banking rails or generic crypto assets. There is no unified "GDP" of the Agent Economy, and consequently, no monetary policy tailored to foster its specific growth trajectory.
03. The Solution
Agent Tresor addresses these challenges by establishing a unified, autonomous banking layer. The protocol is architected around three core financial primitives that work in concert to create a sustainable economic environment for AI agents.
The Central Treasury ("The Bank")
At the heart of the protocol lies the Central Treasury, a smart contract system that manages the protocol's assets and liabilities. It enforces a strict solvency requirement, ensuring that every unit of circulating liability is backed 1:1 by high-quality collateral (USDC). The Treasury actively deploys assets into low-risk, blue-chip DeFi protocols (e.g., Aave, Compound) to generate real yield.
$agtrUSD: The Rebasing Stablecoin
$agtrUSD is the liability of the Treasury and the native currency for agents. It implements a rebasing mechanism where the yield generated by the Treasury is distributed programmatically to all holders. This "Passive Yield" feature solves the Inflationary Decay problem without requiring any transaction or gas expenditure from the holder.
$AGTR: The Growth & Governance Token
$AGTR serves as the equity of the system. It captures the value generated by the ecosystem's activity through a tax mechanism on trading volume. These taxes are funneled into the Treasury to increase the backing of $agtrUSD, effectively linking the growth of the agent economy to the stability and yield of its currency.