A3S Protocol, which is dedicated to account abstraction and interaction abstraction, was officially launched on the Arbitrium mainnet recently, and simultaneously launched the Mint Queue Earn social experimental token incentive activity, aiming to allow more users to take the first step in holding and using contract addresses step.

What is A3S Protocol?

A3S Protocol pointed out the dilemma that it is difficult for ordinary users to directly use smart contracts to achieve complex on-chain interactions, so it innovatively provides a service (Account As A Service) that abstracts smart contract accounts into NFTs.

To put it more vividly, A3S Protocol hopes to package the advanced functions of the contract account (such as flash loan, mev, etc.) into "smart chip" NFTs. Users can directly purchase these chip NFTs with different functions, and freely combine them to realize Complex account functions allow easier and more convenient on-chain interactions.

As an innovative protocol, A3S Protocol is active in various grants and hackathons, and has also been recognized by users and developers:

• In Gitcoin GR 14, more than 1,000 users donated spontaneously, ranking top 3%;

• Polygon BUIDL IT Hackathon Winning Project and AWS Track 3rd Place

• BNB Grant DAO Award Winning Project

• …….

A3S hopes to push the "account abstraction" to a deeper level of "interaction abstraction" step by step, and reshape the current account system of Ethereum.

In the first stage, A3S first abstracted the control of the contract account into an A3S Owner NFT, which realized the liquidity of smart contract addresses; in the current second stage, A3S Protocol will implant a set of NFT contract addresses The innovative and interesting mechanism aims to invite more users to experience the innovation and convenience of NFT-based contract addresses, thereby building a broader user base for the A3S protocol.

Mint Queue Earn Events

A3S launched the Mint Queue Earn campaign and $AA incentive tokens. Users only need the mint NFT address, enter a queue and start accumulating and waiting to receive tokens. The earlier users join, the longer the waiting time, and the more tokens they can receive when they are queued.

Access Mint Queue Earnevent page

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Mint：

That is, the user claims his own A3S contract address, and mint the corresponding A3S Owner NFT. Holding this NFT represents the user's control and ownership of the A3S contract address without the need for a private key.

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Queue：

After owning A3S NFT, the user can start queuing, and the user's address will automatically start accumulating $AA tokens, and the accumulated tokens can only be claimed when leaving the queue. The new users who enter the queue will be at the end of the queue, and will advance all the addresses in front of the queue, and the address in the first place will be squeezed out of the queue and can receive their own tokens.

According to the official white paper, the amount of tokens that can be obtained mainly depends on several key factors:

• queue time

  The longer the user stays in the queue, the more AA the user can get. This is a more difficult factor to control, because the time a user spends in the queue depends on where the user is in the queue and how many users are later in the queue. If a large number of addresses suddenly join the queue, users may be pushed out of the queue very quickly. Therefore, the official also added a more active option of "Extend your Stay" to this game. Users in the queue can use this button to re-queue to the last place in the queue, thereby extending their queuing time.

  In short, queuing time is a very game-like factor. The longer the user queues, the more tokens he can get, but the more difficult it is to determine the time when he can get out of the queue to receive tokens.

• Token ID

  Like other NFTs, the user's A3S Owner NFT belongs to the same NFT Collection, and in mint order, the Token ID of the NFT is from small to large. The smaller the Token ID, that is, the earlier the mint, the more efficient it is to accumulate tokens for its NFT. This is also a factor that gives more incentives to early adopters.

• total address

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Earn：

Users can claim their accumulated $AA tokens within 72 hours after leaving the team. In addition, users also earn $AA through two methods.

The first way is pickup. This method is that after being squeezed out of the team, the user forgets to claim his own tokens within 72 hours, and 50% of these forgotten tokens will enter the pickup pool for other addresses still in the queue to pick up. For pickups, the user's A3S address is required to be still in the queue, and when pickup is performed, the user's address will be re-queued back to the end of the queue. Therefore, when users want to go back to the end of the queue to extend their time in the queue, it is better to see if there are any tokens that can be picked up, and pick up the missing ones.

The second way to invite is to invite other users to participate in the game. Users with an A3S address can invite. The inviter can get an extra 15% reward of the tokens that the invitee gets out of the team, and the invitee can also get an extra 5% reward when they leave the team. It should be noted that if the invitee forgets to claim his tokens within 72 hours, neither the inviter nor the invitee can get these extra rewards. Therefore, in addition to the invitation, the inviter may also need to remind the invitee in time to claim their own rewards when leaving the team.

epiloguehttps://www.a3sprotocol.xyz/

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Generally speaking, the A3S Protocol project is novel, providing a new NFT asset category, and proposing a new "interaction abstraction" interaction mode. It is a new star worthy of attention in the Account Abstraction track.

The Mint Queue Earn it launched is an incentive activity that is biased towards social experiments. Its operation is simple and the mechanism is novel. Users may form different strategies and play games with each other. At the same time, the existence of the queue extrusion mechanism and the invitation mechanism can positively promote the rotation of the flywheel of the game and continuously attract more players to participate. Through this activity, A3S Protocol is likely to launch a new round of hot spots, prompting more users to begin to understand and experience more possibilities of Account Abstraction besides wallet and social recovery.