Concise Overview
Last updated
Last updated
Another DAO? Really? With this one, members are actually in control. The aim is to reduce the supply of $QD tokens by them every week from investments.
Token holders to invest in each week. Profits from these tax funded investments are used to buy back $QD, which is then destroyed.
let purchasers earn at least 2.5% each week. While they can cause inflation, under most circumstances, they help to reduce $QD supply.
Inflation can happen and can be a good thing for QuantDAO, but is likely exceedingly rare. While , over time, these inflationary events won't make a dent in the long term deflationary effect.
It's more of in and of itself to reduce the supply. Every buy, every sell, in the end, ultimately destroys $QD. There’s a 3% tax when you buy and a 6% tax when you sell.
Multichain maybe? Problem is bridges and networks change nuances all the time and makes publishing autonomous contracts a pain. Lots of advancements have been made to make these more straightforward, but we'll see.
Nope. All tax revenues are used for , less savings reserved for transaction and petty ongoing costs, which are rolled into the next cycle and ultimately utilized.
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