QuantiFi Governance Token
Last updated
Last updated
As a decentralised protocol, the governance of QuantiFi is managed by holders of QNTFI, the QuantiFi Governance Token. Holders of QNTFI are eligible to vote in governance proposals and receive dividends, based on their current stake (see Staking QNTFI)
There is a maximum supply of 200 million QNTFI, all of which were minted when the QNTFI smart contract was launched. The minted QNTFI was then distributed as per the Token Distribution chart below. As shown by the chart:
5% was locked for sale in the private seed round. Sold tokens are under a 12 month linear vesting schedule
30% of the total supply was allocated to the Private Sale Event. Eligibility is open to early QuantiFi Fund Investors, and all tokens are under a 12 month linear vesting schedule.
15% is allocated to the Community Fair Launch Event.
10% is allocated to providing immediate liquidity in the QNTFI/USDT Trading Pool immediately following the completion of Public Sale.
20% currently sits in the QuantiFi Governance contract, to be allocated for future development, marketing, exchange listings, etc. as directed by token holders.
The remaining 20% was allocated to Founders and Developers, who were required to stake these tokens for a minimum of 12 months.
QNTFI gains value by entitling stakers to 100% of the fees on profits taken on all QuantiFi products. These fees on profits are paid out as dividends exclusively to QNTFI holders.
All tokens allocated to Private Sale and Founders/Developers are under a linear vesting schedule or staked for a minimum of 12 months