Token Overview

1. Token Utility

The QUIDS token powers the Illiquids ecosystem and offers multiple utilities:

• Transaction Medium: Sellers can opt to receive payments in QUIDS, promoting liquidity within the platform.

• Governance: Holders of QUIDS have voting rights on platform upgrades, fee adjustments, and governance proposals.

• Incentives: Users who stake QUIDS or provide liquidity will receive rewards, fostering an engaged community.

• Staking: Staking QUIDS allows users to earn passive rewards and unlock premium features on the platform.

.2. Tokenomics

• Total Supply: 1,000,000,000 QUIDS

• Distribution:

  • Public Sale: 40% (400,000,000 QUIDS)

  • Team: 20% (200,000,000 QUIDS) with a 2-year vesting period

  • Ecosystem & Partnerships: 20% (200,000,000 QUIDS)

  • Staking & Rewards: 10% (100,000,000 QUIDS)

  • Reserve: 10% (100,000,000 QUIDS)

The platform also incorporates a burn mechanism, where a percentage of platform fees collected in QUIDS may be burned to reduce token supply over time, increasing scarcity and supporting long-term value growth.