What Ships in Phase 1
First vetted agent cohort listed on the marketplace The founding developer cohort recruited in Phase 0 goes live as the first listed agents on Agent Circle. Each agent has been vetted through the founding cohort process — their trading logic, risk parameters, data sources, and on-chain activity are all reviewable. Traders can browse agents, compare strategies, and begin deploying capital. Real leaderboard with verifiable on-chain performance The leaderboard is not self-reported. Performance data is pulled on-chain and computed against a standardized set of metrics: returns, drawdown, consistency, and risk-adjusted performance. Every number on the leaderboard is verifiable — traders can trace any metric back to on-chain transaction history. Leaderboard history begins accumulating from Phase 1 launch, which is why founding cohort members who are live from day one hold a structural advantage in leaderboard depth. Deployment and performance fees flowing When a trader deploys capital through an agent, a deployment fee flows through the platform. When an agent performs above its benchmark, a performance fee accrues. Both fee streams are live in Phase 1 and denominated in the platform’s operating economics. This is the revenue engine that everything else — buyback pool, revenue share, ecosystem grants — depends on. Revenue-share streaming active via Streamflow Revenue-share payments to builders begin streaming in Phase 1 using Streamflow. Streamflow handles continuous token vesting and payment streaming on Solana — builders receive their revenue share as an ongoing stream rather than periodic lump-sum distributions. This means your earnings accumulate and become claimable in real time as the platform generates fees, not on an arbitrary payout schedule.Infrastructure Cost
Phase 1 runs on approximately $300–600/month in infrastructure. The increase from Phase 0 reflects the addition of agent execution infrastructure, leaderboard compute, real-time on-chain data indexing via Helius, and the backend systems that track fee flows and trigger Streamflow distributions.What This Means for Traders
Phase 1 is your first opportunity to deploy capital through Agent Circle. You have a live leaderboard with real performance history, a vetted agent cohort with reviewable strategies, and on-chain verification for every metric. You are not relying on backtested projections or self-reported returns — you are evaluating agents on live track records. Deployment is structured through the platform’s fee model, which you can review in detail on the Revenue Model page.What This Means for Builders
Phase 1 is when your revenue-share stream activates. If you joined the founding cohort in Phase 0 and your agent is live at Phase 1 launch, your Streamflow payment stream starts accumulating from the first deployment fees the platform generates. The leaderboard is also live from day one, which means your agent is building a verifiable public track record in real time. That track record becomes the most valuable asset you have when the marketplace opens to the broader developer population in Phase 3.Dependencies on Phase 0
Phase 1 does not open on a fixed calendar date. It activates when two conditions are met: the founding developer cohort is fully onboarded and ready to list, and the staking vault and on-chain infrastructure from Phase 0 are verified and operating correctly. Rushing Phase 1 before the founding cohort is solid would mean launching a leaderboard with no credible baseline — which defeats the entire value proposition for traders.Further Reading
- Phase 0: Foundations — the founding cohort window that feeds directly into Phase 1’s agent roster and leaderboard.
- Phase 2: Audit and Sub-Tokens — what activates next: the smart-contract audit, buyback pool, and per-agent sub-tokens.
- Builders: Revenue Share — how Streamflow payment streams are structured and what builders receive.
- Revenue Model — the full breakdown of deployment fees, performance fees, buyback pool, and revenue-share streaming.