Quantlytica Releases Detailed Overview of QTLX Token Economics

Source: Quantlytica; Compiled by Wuzhu, Golden Finance

We created Quantlytica to fill the gap in DeFi participation, with the goal of being decentralized, fair, liquid and scalable.

Our approach integrates strong governance and financial incentives to promote active participation and coordination among all stakeholders. The QTLX token is at the heart of this strategy, facilitating secure transactions and stabilizing the platform. This comprehensive framework is designed to ensure that Quantlytica not only meets but also advances the needs of the community, driving growth and success in the DeFi space.

QTLX Token Distribution

Now more than ever, the importance of decentralized governance is evident, and Quantlytica takes our responsibility very seriously when it comes to distributing the QTLX governance token. The QTLX community remains our top priority.

We are pleased to outline our plans for distributing the QTLX governance token. We will provide more detailed updates on new features as we continue to grow and expand.

Overview

The initial total supply of QTLX is 100 million (100,000,000). The token distribution details are as follows:

QTLX Utility

veQTLX is an integral part of the Quantlytica DAO and has several key functions designed to reward liquidity contributors and attract long-term supporters to participate in Quantlytica's governance. veQTLX transforms QTLX into a productive asset. It will have the same three main use cases as CRV - voting, staking and boosting.

How veQTLX Works

• Deposit 1 QTLX to get 1 veQTLX.

• veQTLX is non-transferable and non-tradable.

• Fee Distribution: veQTLX holders are entitled to share up to 50% of the platform's revenue, see the Fee Collection and Distribution section for details.

• Governance Participation: QTLX and veQTLX holders receive governance rights, influence the evolution of the platform's functionality and make key decisions.

• Exclusive Access: QTLX and veQTLX holders have access to premium features, including custom strategy design and advanced functionality.

• Discounted Service Fees: Quantlytica’s primary fee structure requires users to purchase CREDIT before beginning their journey. QTLX can be used to purchase CREDIT at a discount compared to USDT.

• API Usage: Our API is open to third parties, allowing them to access and use all of Quantlytica’s data without registration. QTLX can be used to purchase request volumes at a discount compared to USDT.

• Fund Manager Rewards: DeFi projects that aim to increase TVL or protocol usage must offer $QTLX tokens as rewards to incentivize participation.

Buybacks and Burns

In order to increase stakeholder value and ensure the stability of the QTLX token, Quantlytica has committed to spending 20% ​​of its monthly revenue on a buyback and burn strategy. This will systematically reduce the supply of QTLX tokens, potentially increasing their rarity and value. We will conduct these operations transparently and regularly inform the community about this process. This policy reflects our dedication to sound financial practices and our goal to develop a strong, sustainable ecosystem for Quantlytica users.

Future Utility in Phase 2

Insurance: QTLX tokens provide an option to purchase insurance against loss of gains at a lower price compared to traditional USDT payments. This advantage enables token holders to protect their investment on the Quantlytica platform, reducing potential financial risk at a more affordable cost.

Data Analysis Services: QTLX will also be accepted as payment for proprietary market analysis, data insights, and push notifications for institutions and individuals.

Duo Token Design

In order to align incentives and maximize user engagement while minimizing QTLX token dilution, Quantlytica has launched the “Flyer Token” (symbol: FLY) as a complementary token system. Modeled after the “Miles and Points” concept, the Flyer Token is designed to reward our most active users and contributors to the ecosystem.

Key Features of Flyer Token (FLY):

• Stable Value:In the Quantlytica platform, each FLY is pegged to a constant value of 1 USDT, ensuring reliability and stable utility.

• Primary Uses:Flyer tokens can be used to offset fees associated with subscriptions, directly benefiting users by reducing out-of-pocket expenses.

• Users can burn their Flyer tokens to share in the monthly release of QTLX.More details can be found in the Flyer Token Mining section.

• Non-Tradable:Flyer tokens are unique to the Quantlytica platform; they cannot be transferred or traded on secondary markets.

• Unlimited Supply:While the supply of FLY is unlimited, its issuance and utility are carefully managed to maintain ecological balance.

• Multi-Chain:FLY tokens will be available on every chain supported by the Quantlytica protocol. For example, if you receive rewards on Arbitrum, you will receive Flyer tokens on Arbitrum, and similarly, contributions on Ethereum will also receive Flyer tokens. Quantlytica will work with Chainlink to provide an official bridge for Flyer Tokens to transfer between supported chains. This ensures that users can enjoy seamless asset management and easily collect rewards across multiple chains securely and efficiently.

Methods to earn Flyer tokens:

• Volume-based Airdrops:High volume traders and TVL contributors on Quantlytica will receive Flyer points/Flyer tokens as an incentive to continue using the platform and save on service costs.

• Referral Program:Users who invite new members to join Quantlytica will receive Flyer points/Flyer tokens, promoting community growth and active participation. More details can be found in the Referral Program section.

• Bug Bounties and Contributions:Users who report bugs, suggest valuable improvements, or design future strategies that will benefit the platform will be rewarded with FLY tokens.

• Cross-Chain Bridges:Users can freely bridge their Flyer tokens on any blockchain supported by Quantlytica using our official bridge powered by Chainlink. This feature provides flexibility and allows users to optimize their returns based on their personal investment strategy.

All in all, the Flyer Token system is a strategic initiative to increase user engagement and loyalty while providing a sustainable mechanism to reward and appreciate the active participation and contributions of the user base.