Quantlytica Announces QTLX Tokenomics Overview

Source: Quantlytica; Compiled by Wuzhu, Golden Finance

We created Quantlytica to fill the gap in DeFi participation, aiming for decentralization, fairness, strong liquidity, and scalability.

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 aims to ensure that Quantlytica not only meets but also advances the needs of the community, driving the rise and success of the Decentralized Finance sector.

QTLX Token Allocation

Now, the importance of Decentralization governance is more apparent than ever, and Quantlytica places great emphasis on our responsibilities in distributing QTLX governance tokens. The QTLX community remains our top priority.

We are pleased to outline our plan for distributing the QTLX governance token. As we continue to grow and expand, we will provide more detailed updates about new features.

Overall Situation

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

The Practicality of QTLX

veQTLX is an indispensable part of Quantlytica DAO, featuring multiple key functions aimed at rewarding liquidity contributors and attracting long-term supporters to participate in the governance of Quantlytica. veQTLX transforms QTLX into a productive asset. It will have the same three main use cases as CRV - voting, stake, and boost.

How veQTLX Works

• Deposit 1 QTLX to receive 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. For details, please refer to the fee collection and distribution section.
• Governance Participation: QTLX and veQTLX holders obtain governance rights, influencing the evolution of platform functionalities and making key decisions.
• Exclusive Access: QTLX and veQTLX holders can access advanced features, including custom strategy design and premium functionalities.
• Discount service fee: Quantlytica's main fee structure requires users to first purchase CREDIT and then start their journey. Compared to USDT, QTLX can be used to purchase CREDIT at a discounted price.
• API Usage: Our API is open to third parties, allowing them to access and use all data from Quantlytica without registration. Compared to USDT, QTLX can be used to purchase the number of requests at a discount.
• Fund Manager Rewards: DeFi projects aimed at increasing TVL or protocol usage must offer $QTLX Token as rewards to incentivize participation.

Buyback and Burn

In order to enhance stakeholder value and ensure the stability of the QTLX Token, Quantlytica commits to using 20% of its monthly revenue for buyback and burn strategies. This will systematically reduce the supply of QTLX Token, potentially increasing its rarity and value. We will transparently carry out these operations and regularly inform the community about this process. This policy reflects our commitment to sound financial practices and our goal of developing a robust and sustainable ecosystem for Quantlytica users.

Future Utility of the Second Stage

Insurance: Compared to traditional USDT payments, QTLX Token offers an option to purchase yield loss insurance at a lower price. This advantage allows token holders to protect their investments on the Quantlytica platform while reducing potential financial risks at a more affordable cost.

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

Duo Token Design

In order to coordinate incentive measures and maximize user engagement, while minimizing the dilution of QTLX Token, Quantlytica has launched the "Flyer Token" (symbol: FLY) as a supplementary token system. The Flyer Token is based on the concept of "mileage and points" and aims to reward our most active users and contributors to the ecosystem.

Main features of Flyer Token (FLY):

• Stable Value: On the Quantlytica platform, each FLY is linked to a constant value of 1 USDT, ensuring reliability and stable usability.
• Main Purpose: The Flyer Token can be used to offset subscription-related costs, directly benefiting users by reducing out-of-pocket expenses.
• Users can burn their Flyer tokens to share the QTLX released monthly. 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 the Secondary Market.
• Unlimited Supply: Although the supply of FLY is unlimited, its issuance and utility are carefully managed to maintain ecological balance.
• Multi-chain: FLY Token will be available on every chain supported by the Quantlytica protocol. For example, if you earn rewards on Arbitrum, you will receive Flyer tokens on Arbitrum, and similarly, contributions made on Ethereum will also yield Flyer tokens. Quantlytica will collaborate with chainlink to provide an official bridge for the transfer of Flyer Tokens between supported chains. This ensures that users can enjoy seamless asset management and safely and efficiently collect rewards across multiple chains with ease.

How to obtain Flyer Token:

• Volume-based Airdrop: High volume traders and TVL contributors on Quantlylica will receive Flyer points/Flyer Token as an incentive to continue using the platform and to save on service costs.
• Referral Program: Users who invite new members to join Quantlytica will receive Flyer Points/Flyer Tokens, promoting community development and active participation. More details can be found in the referral program section.
• Bug Bounty and Contributions: Users who report vulnerabilities, suggest valuable improvements, or design strategies beneficial to the platform's future will receive FLY Token rewards.
• Cross-chain bridges: Users can freely bridge their Flyer tokens on any blockchain supported by Quantlytica using the official bridge powered by Chainlink. This feature provides flexibility and allows users to optimize their returns based on their individual investment strategies.

In summary, the Flyer Token system is a strategic initiative aimed at enhancing user engagement and loyalty while providing a sustainable mechanism to reward and appreciate the active participation and contributions of the user community.