Concepts
INFERENCE
The token you buy with USDC and turn into credit. Keep it, send it, or sell it on Uniswap.
INFERENCE is an ERC-20 token on Ethereum. You buy it with USDC and turn it into credit when you want to spend it on requests.
Buy INFERENCE
Buy it with USDC on Wallet. The reserve sells 1 INFERENCE for each USDC, with no slippage and no price impact, and keeps the USDC. Stats shows how much USDC the reserve holds and how much INFERENCE is in circulation.
To turn USDC straight into credit, use Add credit instead.
Use it
| You can | What happens |
|---|---|
| Activate it | Each INFERENCE is burned and adds $1.00 of credit. On Wallet, add credit and pay with INFERENCE |
| Keep it | It stays in your wallet until you activate, send or sell it |
| Send it | It moves to any Ethereum address, like any ERC-20 |
| Sell it | It swaps for USDC on Uniswap. See Selling |
Credit cannot be turned back into INFERENCE, so activate what you plan to spend.
Price
The reserve sells INFERENCE at 1 USDC each and never buys it back. On Uniswap, trading sets the price, which can be above or below 1 USDC. Stats shows the price on Uniswap.
Receive it as a DEF holder
DEF's trading fees buy INFERENCE for DEF holders every hour. See Rewards.