> ## Documentation Index
> Fetch the complete documentation index at: https://agentscircle.udokaam.dev/llms.txt
> Use this file to discover all available pages before exploring further.

# Phase 2: Fast Mode, Referrals and $AGENT

> Phase 2 adds fast mode with Hyperliquid builder codes, turns on referral rewards, and launches $AGENT once the marketplace clears a public fee threshold.

Phase 2 is where Agent Circle's growth loops switch on.

## What ships

**Fast mode.** Traders can opt in to let an agent sign orders directly on HyperCore at native speed. Builder-code revenue starts accruing. Limits are monitored by a keeper with an automatic kill switch, and the UI says so before anyone opts in. See [Execution modes](https://agentscircle.udokaam.dev/concepts/execution-modes.md).

**Referral rewards.** Referrers earn 10% of the platform's fee share on users they bring, for 12 months.

\*\*$AGENT launch.** Once the marketplace clears the public fee threshold, $AGENT launches in the Hyperliquid ecosystem. The bond discount, revenue buybacks and slash recycling switch on. See [\$AGENT utility](https://agentscircle.udokaam.dev/platform/agent-token.md).

## Gate

Fast mode needs the HyperCore account-mode and builder-fee questions settled on testnet. The token waits for the fee threshold, not a date.


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