Example Lifecycle

Example: MIG Lifecycle on Base

1. Creation

• Creator (Alice) opens MIGFactory via miradaos.ai.

• Parameters:

  • Duration = 7 days

  • Validation = Mira AI

  • Model = Adaptive

• Alice stakes 1,000 $MIRA → locked in MIGFactory.

• New MIG contract deployed on Base with unique ID.

• MIG auto-published:

  • Listed on miradaos.ai

  • Announced by @miraagent bot

---

2. Betting Phase

• Bob bets 500 USDC on Outcome A.

  • Betting contract updates pool:

    • Pool A = 500, Pool B = 0 → Odds A=100%, B=0%.

• Carol bets 1,000 USDC on Outcome B.

  • Pools update:

    • A = 500, B = 1,000 → Odds A=33.3%, B=66.6%.

• Dave bets 500 USDC on Outcome A.

  • Pools update:

    • A = 1,000, B = 1,000 → Odds A=50%, B=50%.

At T = 7 days → betting closes.

• Final Pools:

  • Outcome A = 1,000 USDC

  • Outcome B = 1,000 USDC

  • Total Pool = 2,000 USDC

---

3. Resolution Phase

• Mira AI fetches data (ex: Twitter event result).

• AI signals Outcome A = TRUE.

• Alice confirms Outcome A via Resolution.

• $MIRA holders vote:

  • 80% agree with Outcome A → majority approves.

---

4. Payout & Distribution

• Protocol fees applied:

  • 2% → voters = 40 USDC

  • 1% → creator (Alice) = 20 USDC

  • 1% → treasury = 20 USDC

  • 1% → $MIRA stakers = 20 USDC

  • Net pool to winners = 1,900 USDC

• Winners (Outcome A backers):

  • Total A stake = 1,000 USDC

  • Bob (500 USDC) → gets 950 USDC

  • Dave (500 USDC) → gets 950 USDC

• Losers (Outcome B backers):

  • Carol loses 1,000 USDC stake.

---

5. Creator Alignment

• Alice keeps her 10,000 $MIRA stake since outcome was valid.

• If vote had overruled her decision → her stake would be slashed (burned).

---

📊 Summary of Flow:

1. Deploy MIG → stake $MIRA → parameters set.

2. Betting phase → USDC staked, odds updated.

3. Resolution → AI + creator + token vote.

4. Settlement → fees distributed, winners paid, misconduct punished.