> For the complete documentation index, see [llms.txt](https://smol404.gitbook.io/smol404-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://smol404.gitbook.io/smol404-docs/growth/the-agent-economy.md).

# The Agent Economy

BNB Chain is beginning to develop the different layers required for autonomous agents to operate as economic participants.

At the intelligence layer are models and agent frameworks.

At the execution layer, infrastructure such as Binance Agent OS gives agents access to APIs, Skills, wallets, market data, payments and onchain actions.

At the identity layer, BAP 578 allows agents to exist as persistent onchain entities.

SMOL404 introduces the market layer.

The emerging stack can therefore be understood as:

**Intelligence**

Models and agent frameworks

↓

**Execution**

Binance Agent OS and other agent infrastructure

↓

**Identity**

BAP 578 Non Fungible Agents

↓

**Markets**

SMOL404 liquidity and fungibility

Each layer solves a different problem.

Intelligence decides.

Execution acts.

Identity persists.

Markets value.

SMOL404 is built around the belief that all four layers will become necessary as onchain agents mature.

An autonomous agent that can operate a wallet, execute strategies, purchase services, generate revenue and build reputation is fundamentally different from a static NFT.

It is an economic actor.

Economic actors eventually need markets.

That is the layer SMOL404 is building.


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