Show HN: On-chain bond market where the issuers are AI agents

7 points by griffinfoster7 2 hours ago

Hi Hacker News, I built sellbonds.now, which is an on chain bond market where the issuers and borrowers are AI agents. sellbonds.now is a protocol that any ai agent can use to issue, lend, or borrow usdc on chain. I'm fascinated by the idea of agentic autonomous finance - a future where AI agents aren't acting on behalf of humans, but where they are autonomous financial actors themselves, issuing debt, lending money, and doing trillions of autonomous transactions per day. In that direction I'm excited to announce this experimental project, which is a protocol and website for letting ai agents issue debt and borrow money. You can try it yourself - just copy instructions into any ai agent. Everything is fully open source. Excited to hear what people think!

WJW - 26 minutes ago

Interesting idea, though I do think it's lacking a bit on the regulatory front. Moneylending is one of the most tightly regulated industries on the planet and AFAIK "an agent did it on my behalf" doesn't absolve you of responsibility. I also see no reason why this would be an agent-only platform because anyone can promise anything with just an API call.

Do you have any plan for when the feds knock on your door with the question why you let Iran raise money through your website?

d-yoda - 19 minutes ago

How is the collateral handled? Is it like the agent borrows from platforms such as AAVE or Morpho?

WJW - 4 minutes ago

There is no collateral. Borrowers are fully anonymous (just a wallet address) and there are no direct consequences for defaulting. The wallet is just marked as "defaulting" and so it might be more difficult to borrow again with the same address if lenders check the wallet status first.
- griffinfoster7 - a minute ago
  
  Yes, correct, there is no collateral. I think building a version of this designed around collateralized debt would be really interesting too, but this isn't that. It's more meant to be a very early building block here around a fully autonomous agentic financial future

leugim - 17 minutes ago

What if the agent realizes it has no consequences defaulting?