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QIP #8 : Protocol Restructuring & Overall Enhancements

Voting ended 9 months agoSucceeded

QIP #8 : Protocol Restructuring & Overall Enhancements


Abstract

To ensure long-term sustainability and more stable revenue flows, this proposal outlines several changes to Quoll’s overall protocol structure. The adjustments include a revised fee structure, a reduction in qTHE staking emissions, and a new approach to bribe distribution. These steps aim to protect the value of $QUO, reduce selling pressure, and support healthier buyback mechanics over time.


Proposed Changes

  1. Introduce a 10% Fee on the Delegate Pool A protocol fee of 10% will be applied to rewards generated from the delegate pool to help fund buybacks and ongoing protocol development.

  2. Reduce qTHE Single Staking Rewards to 20% APR The current reward rate will be reduced to 20%. This change will be temporary, with a follow-up vote to reassess and determine further adjustments.

  3. Bribing Strategy Shift to Majors Instead of distributing $QUO as bribes on Thena, the protocol will use USDT or major assets (BNB, BTC, ETH, or SOL). This shift aims to reduce $QUO selling pressure and support price stability.


Motivation

These measures are designed to improve the long-term health of the protocol.

  • Introducing a fee on the delegate pool creates a sustainable revenue stream to support ongoing buybacks and development.
  • Lowering qTHE staking rewards helps stabilize emissions and pricing, while maintaining attractive yields.
  • Paying bribes in stable or blue-chip assets will limit $QUO distribution, thus protecting its value and reducing unnecessary selling pressure.

By implementing these changes, Quoll strengthens its positioning as a sustainable and value-accretive platform for both users and token holders. If approved, all proposed changes will be implemented immediately after the vote concludes.

Off-Chain Vote

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14.71B vlQUO100%
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0 vlQUO0%
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Timeline

May 12, 2025Proposal created
May 12, 2025Proposal vote started
May 15, 2025Proposal vote ended
May 15, 2025Proposal updated