Key Data
Last updated
Last updated
QUAD is currently available on the Ethereum network as an ERC20 token with a total supply capped at 400,000,000 QUAD.
QUAD will have a decreasing supply over time via quarterly token burns equal to 25% of the revenue generated on the platform until the total supply is reduced by half. Tokens burned will come from a combination of sources including trading fees paid in QUAD, company reserves, and direct buybacks on the open market.
The Reserve allocation will include
Operations
Marketing
Ecosystem Development Fund
Strategic Partners
Bug Bounties
Network Incentives will go towards
User Airdrops
Community Management
Staking Dividends
Tokens allocated for the Reserve and Private Distribution will be subject to vesting periods to ensure fair distribution and long-term commitment for all stakeholders. These tokens will be locked in smart contracts and vested on a monthly basis.
Team allocation vested over 3 years beginning 3 months after launch
Existing Investors allocation vested over 9 months
25% of Reserve will be available upon launch to support growth and marketing efforts and the rest vested over 3 years
