QIP #10 : Redemption Rules Adjustments

Abstract

To strengthen Quoll’s sustainability and enhance user confidence, this proposal introduces a new redemption mechanism with a 15% exit fee and a 2.5% entrance fee. These parameters aim to ensure long-term protocol stability. To encourage ecosystem growth and attract new participants, Bootstrap Events will remain fee-free, allowing users to join freely during these specific campaigns.

Why Quoll ?

By participating in Quoll’s veTHE accumulation strategy, users gain dual benefits that compound over time :

• Bribes through vlQUO : Earn continuous bribes distributed via Quoll’s ve-token aggregator model.
• APR from qTHE staking : Generate sustainable on-chain yield This dual-reward structure ensures that every participant contributes to — and benefits from — Quoll’s long-term growth and ecosystem strength.

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Proposed Changes

• Introduce a redemption option allowing users to convert qTHE to veTHE at a 1:1 ratio, subject to a 15% exit fee.
• Apply a 2.5% entrance fee on new deposits to maintain sustainable capital flow.
• Bootstrap Events will be exempt from all fees (0% entry) to attract new users and encourage early participation.
• All redeemed qTHE will be burnt, reducing circulating supply and reinforcing the protocol’s deflationary mechanics.
• Peg : The flow will be sustaining the peg and offering flexible arbitrage opportunities.
• Fees collected from both entrance and exit will remain in Quoll’s protocol-owned position, strengthening its overall veTHE holdings and ensuring long-term alignment.
• Parameters may be adjusted in the future through governance if needed to reflect evolving market conditions.

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Motivation

Sustainability & Protocol Health: The fee structure creates a self-sustaining system where capital movements directly reinforce Quoll’s own positions, improving stability and resilience over time.

Trust & Transparency: By offering a controlled redemption path and burning redeemed qTHE, Quoll increases transparency and strengthens confidence in the protocol’s long-term design.

Growth & Accessibility: Fee-free Bootstrap Events lower the entry barrier for new participants, helping to grow the user base and deepen liquidity.

Long-Term Alignment: As all fees remain within the protocol, every action contributes to strengthening Quoll’s ecosystem and protecting the interests of long-term stakeholders.

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Conclusion

This proposal introduces a balanced redemption mechanism that enhances protocol sustainability, supports steady growth, and aligns user incentives. The 15% exit and 2.5% entrance fees reinforce Quoll’s internal positions, while the burning of redeemed qTHE ensures long-term value protection. If approved, the mechanism will be implemented immediately after the governance vote