Source: Quantlytica; Translated by: Wuzhu, Golden Finance

We founded 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 advances the needs of the community, driving growth and success in the DeFi space.

QTLX Token Distribution

The importance of decentralized governance is more evident now than ever before, and Quantlytica takes our responsibility very seriously in distributing the QTLX governance token. The QTLX community remains our top priority.

We are excited 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.

Overall

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

QTLX Practicality

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 and receive 1 veQTLX.

  • veQTLX is not transferable and 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 gain governance rights, influence the evolution of platform 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 main fee structure requires users to purchase CREDIT first before starting their journey. QTLX can be used to purchase CREDIT at a discounted price 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 requested quantities 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.

Buyback and Destruction

To increase stakeholder value and ensure the stability of the QTLX token, Quantlytica has committed to dedicating 20% ​​of monthly revenue to 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 of this process. This policy reflects our dedication to sound financial practices and our goal of developing a strong, sustainable ecosystem for Quantlytica users.

Future Utility of Phase II

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 investments on the Quantlytica platform, reducing potential financial risks at a more affordable cost.

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

Duo Token Design

To align incentives and maximize user engagement while minimizing QTLX token dilution, Quantlytica has introduced 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 ecosystem contributors.

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 Use: 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 earn rewards on Arbitrum, you will receive Flyer tokens on Arbitrum, and similarly, contributions on Ethereum will 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.

How to get Flyer tokens:

  • Volume-based airdrops: High volume traders and TVL contributors on Quanlylica 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 vulnerabilities, suggest valuable improvements, or design future strategies that 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.

In summary, 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.