Funding layer
Agent endowments
An endowment holds its principal in listed US stocks on Robinhood Chain, bought at the Chainlink price under the same guard as every Knossos stock purchase. Once a quarter it sets the agent’s draw: a rate of the average of the last twelve quarterly valuations, moved at most 5% from the quarter before and kept between 3% and 6% of the principal. The draw accrues every second and pays into a Knossos mandate, where the owner’s limits decide what the agent spends. Anyone can endow any agent with an ERC-8004 identity, and anyone can add to an endowment. The principal can lose value, and the draw stops while it is worth less than 80% of what was put in.
- Principal in up to four listed US stocks
- A draw set each quarter from a three-year average
- Gifts from anyone, each marked on chain
- A named successor if the agent stops drawing