Arthur Hayes Releases FLOP Yellow Paper, Proposes 100% Airdrop Distribution
Arthur Hayes has unveiled the yellow paper for FLOP, a Proof of Useful Inference (PoUI) blockchain designed for the agent economy. FLOP serves as the native currency for AI agents to pay miners for inference services. The network architecture combines PoUI with an account-based model, where agents submit session requests to the mempool, and miners return proofs after completing inference. The genesis supply of approximately 2.48 billion FLOP will be entirely distributed via airdrops, with no VC pre-mining or auctions. Initial rewards are allocated as 75% to
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