
MNEME Protocol
Bet on how a concept's meaning drifts over time, scored by AI validators reaching consensus on-chain.
The Semantic Drift Derivative Protocol on GenLayer: register anchors, open swaps, and settle on validator-consensus meaning shifts.
Lifecycle
01Register anchor
Pin a concept (definition + domain + reference URL). The contract seeds an SMT root and stores you as creator.
02Evaluate epoch
5 validators independently fetch the URL, run sanitized LLM prompts, and reach equivalence-principle consensus on the Semantic Drift Index.
03Open + underwrite
Buyer opens a swap with a strike SDI; seller underwrites, locking collateral. Premium accrues each epoch.
04Settle
When SDI crosses strike, the swap auto-triggers. Anyone can call settle to compute payout: linear, quadratic, or binary.