Arthur Hayes argues there is no global price for compute and proposes the Flop Network as the benchmark, since $FLOP is directly convertible into FLOPS. He outlines Flop Compute Units (FCUs): deliverable forwards reserving inference compute up to 30 days ahead, standardized at 1 PetaFLOP per second, with miners posting $FLOP bonds forfeited on delivery failure. He also specs FRCR quanto quarterly futures and perpetual swaps, USD-margined, hedged via rolling FCU strips. Hayes cites past successes: inventing perps at BitMEX in 2016 and the synthetic-dollar concept Ethena executed, reaching over $15 billion.

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Thread · 2 events · started 18 Aug 14:17 · last update 27 Oct 00:50
  1. UpdateArthur Hayes says no existing cryptocurrency can power AI-agent payments2 acc.
  2. UpdateArthur Hayes outlines a Flop Network market for AI-compute pricing and derivatives4 acc.
  3. Leviathan published this article

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  • @CryptoHayes Arthur HayesFirst reportOn X ↗

    "The Trifecta" my latest essay on how @flop_labs compute spot market will become the reference price for all compute focused derivatives. "This summer, I unveiled my idea for the Flop Network. FLOP is food for your AI agent. Agents will use FLOP in commerce because FLOP is…

  • @wublockchain12 吴说区块链On X ↗

    BitMEX 联合创始人、Flop Labs CEO Arthur Hayes 在最新文章《The Trifecta》中提出，计划基于 Flop Network 建立 AI 算力现货及衍生品市场。他认为，目前全球缺乏统一的算力价格基准，Flop Network 可通过记录 AI 推理任务的计算量、耗时及 FLOP 支付费用，形成算力参考价格…

  • @ChainCatcher_ ChainCatcherOn X ↗

    Arthur Hayes 拟基于 Flop Network 建 AI 算力现货及衍生品市场 BitMEX 联合创始人、Flop Labs 首席执行官 Arthur Hayes 在文章《The Trifecta》中提出，计划基于 Flop Network 建立 AI 算力现货及衍生品市场。 他认为目前全球缺乏统一的算力价格基准，Flop Network 可通过记录 AI…

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