NQW Token
Overview
NEIQW (NQW) token is the core asset within the NEIQW protocol ecosystem, operating across the NEIQW Liquidity Market and NEIQW Liquid Staking on the BSC network. This token plays a vital role in governance and platform operations.
Utility and Staking
Staking NQW: Holders can stake NQW to receive a utility token, veNQW (vote-escrowed NQW), which enhances the ability of BSC Validators to receive additional BNB delegations from NEIQW Liquid Staking.
Governance and Improvement Proposals
NQW is crucial for voting and decision-making within the NEIQW Improvement Proposals (NIPs).
Governance is initially managed by the founding team and is transitioning towards a fully operational Decentralized Autonomous Organization (DAO).
As the DAO matures, NQW holders will have the authority to propose and vote on key protocol decisions, effectively guiding the future development of NEIQW.
Token Supply and Distribution
The total supply of NQW tokens is capped at 1,000,000,000.
The distribution strategy is crafted to reward and incentivize active participation and engagement within the NEIQW ecosystem.
This structure aims to foster a robust and active community that contributes to the protocol’s resilience and growth, ensuring that NEIQW remains at the forefront of decentralized finance innovations on FTM.
% of Total supply
Liquidity Mining Program
40%
Token Sale
28%
Treasury
17%
Team
10%
Exchange Liquidity
5%
Total
100%
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