Every month, an amount of QBT equivalent to 5% of the total supply will be paid out to Liquidity Providers as a reward. This will be conducted for 12 months of liquidity mining. 3% and 4% of the total supply will be paid out for the first and second months, respectively.
10% of QBT will be contributed to MND.
The Developer's Supply will be distributed throughout a 1 year vesting period.
Initial Distribution Volume
5% Pre-Liquidity Event
10% Airdrop (MND contribution)
TOTAL: 150,000,000 QBT
Emission of 1,643,835 + 410,959 (for dev) QBT everyday. (50,000,000 + 12,500,000 (for dev) QBT per month)
This will emit approximately $82,190 per day (based on an issuing price of $0.05), which in turn is paid out as compensation for liquidity providers.
Over time, this will rearrange voting powers from Team Members and Early Investors (Bunny Holders) to liquidity providers.
Staking Rewards (QBT Staking Pool)
The QBT Staking Pool is designed to give higher incentives to participants who have made high contributions to the stability of Qubit by holding QBT tokens for extended periods without selling them.
QBT token holders lock up QBT tokens by setting a period in the staking pool and receive a qScore.
The longer the "lockup" period, the greater the qScore received.
The minimum duration of a "lockup" is 1 week, with a maximum duration of 2 years.
The supplier or borrower who has a qScore can get up to 2.5x liquidity provision rewards with additional rewards according to the ratio of qScore to deposited assets.
Liquidity rewards are determined by the ratio of the liquidity provider's Supply/Borrow asset volume (l) to the total amount of assets (L) Supplied/Borrowed in the market. The (l) value used at this time is updated according to the formula below.
new l=min(l,l×0.4+L×(total qScoremy qScore amount)×0.6)