Tokenomics
Last updated
Last updated
In this document, we’re going to be diving into the tokenomics of the AQTIS token, the engine that fuels our quant tech.
We’ll go into detail about what the token is, what it is for, and how it integrates into the wider AQTIS ecosystem.
The AQTIS token is an ERC-20 utility token built on Ethereum with a maximum supply of 3,000,000,000 tokens.
The token generation event took place in April 2023, with 67.5% made available. Of this amount, 2.5% was placed into the liquidity pool.
The token release schedule, as you can see above is split into three distinct phases:
Public launch 65% - the tokens available on the market for anyone to acquire.
LST Liquidity Rewards 25% - these are tokens used to reward LST holders. These will not be released until 12 months after the LSTs have launched.
Protocol Liquidity 10% - we have reserved 10% of the total token supply to facilitate market making, liquidity bonding, and ensuring proper liquidity provider incentivization. It also ensures anyone can exit their position as and when they need to.
As part of the Private Yield Function, we use the Oasis Privacy Layer (OPL), an industry-leading EVM-compatible Smart Privacy solution. Its architecture allows AQTIS to run on Ethereum, and pay gas fees in Ethereum, but take advantage of the privacy features on Oasis.
It has a unique feature that allows us to customize the type of privacy we think investors need, and maintains a class-leading cross-chain privacy feature that allows us to keep transactions secure.
The AQTIS token serves as a utility token within the ecosystem, with several key functions:
Powering Quant Tech: The AQTIS token fuels our proprietary quant tech, which relies on a custom-built database tracking over 1,500 market signals daily. To query this database requires AQTIS tokens, driving consistent demand for the token.
Each query requires approximately 300 AQTIS tokens, creating baseline demand regardless of market conditions.
We estimate that this system alone will demand 5.47% of tokens annually, not accounting for buybacks or other use cases.
Fueling LSTs: AQTIS is also used to support LST liquidity. For example, with $100 million in TVL, 2.5-5% in AQTIS tokens would be utilized for liquidity. The system dynamically adjusts to market conditions, creating flexibility depending on LST performance.
Once the AQTIS ecosystem is fully operational, a significant portion of the yield generated will be reinvested into buying back tokens, thus maintaining a healthy ecosystem.
We aim to allocate 12.5% of the quant tech returns towards buybacks after covering LP management and ensuring that ELIF is backed to 40% of TVL.
For example, if quant tech generates 40% returns on a $100M TVL, after distributing 15% yield to LST holders, 12.5% of the remaining returns would be directed towards buybacks.
AQTIS opens the door to next-generation market intelligence by utilizing industry-built trading models powered by quantitative technology. We are working on a subscription model that will give the community access to these valuable insights, with payments made in AQTIS tokens. Payments in alternative currencies such as USD or ETH will also be converted into AQTIS tokens.
The AQTIS token lies at the core of our ecosystem, fueling quant tech, liquidity, and future innovations. With plans to build a cutting-edge AIDeFi ecosystem, combining web3 and AI capabilities, AQTIS is committed to driving innovation and creating a sustainable DeFi ecosystem.
The AQTIS utility token is the lifeblood of the ecosystem, playing a pivotal role in maintaining its vibrancy and health. With robust tokenomics and continuous innovation, AQTIS is set to lead the way in DeFi and AI-driven finance. Hop into our Discord.
