QTLX Reward

FLY Token Mining

Users of Quantlytica have the opportunity to participate in the monthly release of QTLX tokens by burning their FLY tokens. Here’s how this process works:

  • Monthly QTLX Allocation: Each month, a number of QTLX tokens are allocated for distribution through FLY Token Mining.

  • Only on Arbitrum (ARB) and one additional EVM chain (TBD): To participate in FLY Token Mining, user will need to bridge their FLY tokens on their own. The mining allocation details will be determined and announced before the official kick-off date.

  • Distribution Based on Token Burn: The amount of QTLX each participant receives is calculated based on the proportion of FLY tokens they have burned relative to the total amount of FLY tokens burned by all users during that month.

  • Governance and Future Adjustments: It is important to note that the monthly release amount of QTLX tokens is governed by DAO and may be adjusted in the future based on collective governance decisions.

By burning FLY tokens, participants can directly influence their share of the monthly QTLX release, aligning individual contributions with potential rewards.

LP Liquidity Mining

Users have the option to deposit DEX LP tokens to participate in Quantlytica's monthly QTC token release. This program is designed to incentivize and reward liquidity providers.

  • Monthly QTLX Allocation for LPs: Each month, a number of QTLX tokens are allocated to participants in LP Liquidity Mining who deposit their DEX LP tokens. The specific DEX LP tokens supported will be determined and announced prior to the official launch date.

  • Only on Arbitrum (ARB) and one additional EVM chain (TBD): The mining allocation between these two chains will be determined and announced before the official launch date.

  • Governance of QTLX Release: The amount of QTLX distributed monthly is governed by DAO decisions. This means that the QTLX release amount may be adjusted in the future based on collective governance outcomes.

This system not only rewards users for enhancing liquidity but also aligns with our decentralized governance framework, allowing token holders to have a say in the operational dynamics of the platform.

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