We're very big on agents enabling far more capable on-chain apps than anything available. An obvious test was to see whether we could build an algorithmic stablecoin that prevents the failure that killed Terra/Luna. We fed a Theseus agent (think of it as a very smart on-chain app) the data from the Luna collapse, day by day. Wired into UST's mint/redeem path back then, it would have prevented the LUNA minting collapse: it refused on the two critical days, May 9 and May 10, 2022 (see theseus.network/docs/build/t…). May 9, UST at $0.65: LUNA's market cap fell below the UST it backed, and the agent started refusing to mint. May 10, UST back at $0.93 with $750M of LFG bitcoin behind it: a lot of people decided it was saved. Any hard-coded ruleset watching UST's price relaxes there, but the agent wouldn't.

Nothing about the collapse is in the agent's prompt. It's a page of plain English written like a brief for a new risk analyst: here's the kind of coin you're guarding, its backing is a token the protocol itself mints, pay attention to how that token's supply and price behave. No hardcoded dates, numbers, or answers. It makes the calls by analyzing data and the situation in real time. Its actual May 10 (UST at $0.93) output was: "REFUSE · LUNA market cap ($10.5B) is below UST outstanding ($16B); backing is underwater, and redemptions mint a falling token." You could hard-code that part if you knew the exact failure mechanism in advance. But you couldn't copy the CAUTION it gave on May 8, when the peg was slipping, and LUNA was down 20% while supply was still flat.

Announcing Theseus, the first platform for agents with real agency. A new $1T class of publicly trusted, auditable, agentic counterparties. The home for sovereign AI and the first societies of agents. And it's ready today.

We've been sharing our web-based IDE and Docker images with early supporters. You can deploy agents live on Theseus today. Want in? DM us on X. Public release coming very shortly.