Token Utility and Details

QuantDAO's goal is to have a active, responsive, and engaged community. The QuantDAO token ($QD) utility primarily acts as an active governance token directly affecting weekly operations.

The protocol is designed for decentralized ownership. The core concept of QuantDAO is for the DAO to make group-wise agreements leading to the maximization of buyback and burn events.

Token Supply and Allocations

The QuantDAO token supply was created with 100,000,000 (100M) tokens, with deflationary mechanisms in place to manage circulating supply over time. The supply can only increase due to QuantBonds, a mechanism that triggers rare, short-term inflation. However, these inflationary events are expected to be infrequent, and deflationary events will significantly outweigh any inflation caused by bonds.

90% LP (90M originally paired with 2 ETH in the genesis liquidity pool)

• LP locked until EOY 2025, where upon expiration, LP will be migrated to V2 implementations.

As an anti-sniping measure, an automated, randomized tax decay was implemented for the first 24 blocks following the call of startTrading(). This model starts with a high tax rate (80% on buys and sells) and gradually decreases the tax over the defined number of blocks, eventually settling at a final tax rate of 3% on both buys and sells. The tax decay occurs in a randomized manner, ensuring that the system prevents bots from taking advantage of the initial trading period, while still allowing natural market forces to adjust the tax rate over time.

5% External development/extraneous costs

• Audits, consultations, partnerships, and miscellaneous operations such as outreach efforts, premium social services, strategic actions, etc

5% Team maintenance salaries

• All foreseeable direct development efforts, and future short and long-term recruitment (vested over 6 months depending on tenure/contract period), will be allocated for operational purposes, supporting ongoing protocol development.

• After the vesting period, the protocol will likely have made the transition to V2.

Taxation: 3,3

Trading taxes are a key element in generating weekly revenues that support the protocol's deflationary mechanics. These revenues are used to fund protocol operations, reward stakers, and, when applicable, reimburse bonds.

The token purchase tax is 3%, with all proceeds directed toward the DAO’s weekly asset vote. The settlement tax to exit the DAO is also 3%, which is redistributed to stakers as part of the protocol's operations. The barrier of entry for those willing to join the DAO remains responsibly low while those leaving award those that are resolute.

As stated within Summary and FAQs the taxes will likely be lowered over time, as the protocol upgrades.