USDQ - A platform that makes assets stable and truly decentralized

Posted by mamamuda on Selasa, 13 Agustus 2019

What is USDQ?
USDQ is a platform that makes assets stable and truly decentralized.

Opportunity to purchase USDQ on exchanges

The 1st element of the ecosystem is the exchanges. USDQ bargains on the secondary market at the price of 1 dollar for 1 USDQ, respectively traders interact with this coin, as well as with any other. To buy USDQ at the exchange is the first way by means of which it is possible to get stablecoin.

Receiving the credit in USDQ through crypto assets collateral

The 2nd way, which includes several important elements of an ecosystem, is receiving the credit in the stablecoin USDQ through crypto assets collateral. A pledge rate to the released stablecoin is D %, where D is the last rate established by Q Box which is a self-learning neural network, and approved by holders of the governance token. Thus, it reaches over provided credit and leads to ensuring the stability of USDQ token.

Respectively, when new crypto assets enter the ecosystem, the created smart contract prints new USDQ and sends them to the borrower. When the borrower wants to take away the collateral and return the credit, it undergoes the return procedure on the website, at the same time paying a certain interest rate for use of stablecoin credit. After the return of USDQ together with payment of commission for use of proceeds of credit, crypto assets are de-frozen and return to the address of the borrower's wallet, and USDQ tokens are burned.

The credit in USDQ tokens is issued for a limited term. If the credit lasts, then it is necessary to bring the commission in the governance tokens Q DAO. If the credit is not returned in time, then pledge in cryptocurrency goes to untouchable stabilization fund. In case of elimination process crypto assets of stabilization fund are sold first.

How it Works

USDQ is one of its kind ERC-20 decentralized stable asset
1 USDQ = $1
Right now issued 5,531,632.5042 USDQ collateralized by 1,410.582 BTC (200% collateral).

KRWQ is one of its kind ERC-20 decentralized stable asset
1 KRWQ = ₩1
Right now issued 1,169,653,205.00 KRWQ collateralized by 249.9999 BTC (200% collateral).

JPYQ is one of its kind ERC-20 decentralized stable asset
1 JPYQ = ¥1
JPYQ is coming soon

CNYQ is one of its kind ERC-20 decentralized stable asset
1 CNYQ = ¥1
CNYQ is coming soon

HKDQ is one of its kind ERC-20 decentralized stable asset
1 HKDQ = HK$1
HKDQ is coming soon

SGDQ is one of its kind ERC-20 decentralized stable asset
1 SGDQ = S$1
SGDQ is coming soon

How the tokensale works

Tokens to sell
Distribution of 51% of tokens (509999.49 QDAO tokens).
For how long
distribution will be made in 10 Rounds. Round stast at 1st day every month during 10 month will be distributed 50000 Tokens during each round.
Where to buy
we disctribute 30% tokens by IEO(all tokens are unlocked) and 70% tokens by OTC desk (tokens will be locked for a certain period of time).

ROADMAP

ONGOING
BTCNext
1 June 2019
15,000 tokens to sell through IEO
ieo.btcnext.io/qdao
35,000 tokens to sell through Dashboard
tokensale.qdao.io/
UPCOMING
SECRET EXCHANGE
1 July 2019
15,000 tokens to sell through IEO
will be defined 14 june 2019
35,000 tokens to sell through Dashboard
tokensale.qdao.io/
UPCOMING
SECRET EXCHANGE
1 August 2019
15,000 tokens to sell through IEO
will be defined soon
35,000 tokens to sell through Dashboard
tokensale.qdao.io/
UPCOMING
SECRET EXCHANGE
1 September 2019
15,000 tokens to sell through IEO
will be defined soon
35,000 tokens to sell through Dashboard
tokensale.qdao.io/
UPCOMING
SECRET EXCHANGE
1 October 2019
15,000 tokens to sell through IEO
will be defined soon
35,000 tokens to sell through Dashboard
tokensale.qdao.io/
UPCOMING
SECRET EXCHANGE
1 November 2019
15,000 tokens to sell through IEO
will be defined soon
35,000 tokens to sell through Dashboard
tokensale.qdao.io/
UPCOMING
SECRET EXCHANGE
1 December 2019
15,000 tokens to sell through IEO
will be defined soon
35,000 tokens to sell through Dashboard
tokensale.qdao.io/
UPCOMING
SECRET EXCHANGE
1 January 2020
15,000 tokens to sell through IEO
will be defined soon
35,000 tokens to sell through Dashboard
tokensale.qdao.io/
UPCOMING
SECRET EXCHANGE
1 February 2020
15,000 tokens to sell through IEO
will be defined soon
35,000 tokens to sell through Dashboard
tokensale.qdao.io/
UPCOMING
SECRET EXCHANGE
1 March 2020
17,999.847 tokens to sell through IEO
will be defined soon
41,999.643 tokens to sell through Dashboard
tokensale.qdao.io/