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Design Philosophy
Instead of having rigid inflation and issuance schedules with pre-ordained allocations, the QCK token aims to be an adaptive token which responds to market and ecosystem conditions appropriately. To this end, we expect protocol governance to play a large part in determining the future of the QCK token. Periodic community discussions will be held to chart the course for the token and review proposals from the community.
The QCK token represents ownership over the Quicksilver protocol and hence it is important for the token to be well distributed amongst stakeholders of the on boarded chains. The protocol has several mechanisms to ensure that there is an overlap of incentives and ownership between the users of the Quicksilver protocol and holders of the QCK token.
Last modified 5mo ago