🔄Circulation Roadmap

Further, LQN provides the economic incentives which will be distributed to encourage users to exert efforts towards contribution and participation in the ecosystem on the LIQNFT platform, thereby creating a mutually beneficial system where every participant is fairly compensated for its efforts. LQN is an integral and indispensable part of the LIQNFT platform, because without LQN, there would be no incentive for users to expend resources to participate in activities or provide services for the benefit of the entire ecosystem on the LIQNFT platform. Given that additional LQN will be awarded to a user based only on its actual usage, activity and efforts made on the LIQNFT platform and/or proportionate to the frequency and volume of transactions, users of the LIQNFT platform and/or holders of LQN which did not actively participate will not receive any LQN incentives.

LQN will be awarded to incentivise beneficial activities such as contributing to platform development, cultivating the community, using the beta services, or participating in mint events.

The LIQNFT platform does not offer any resources for utilisation, so to ensure that users receive access to LQN for access to platform services, other users would need to be incentivised to become liquidity providers and stake their digital asset pairs (e.g. USDT/LQN) into the decentralised market making pools (i.e. DEX and AMM platforms) to provide the necessary liquidity for transactions. As compensation for opportunity costs, these liquidity providers which help to promote adoption of the LIQNFT platform would be rewarded with LQN rewards according to each user's relative contribution after various adjustment and correction parameters. By distributing LQN in this manner, it ensures that the governance token will be distributed primarily to key network contributors and allow them to have a say in protocol parameters.

Besides LQN tokens, users can also spend SOL or other popular crypto tokens to enjoy some of the LNFT platform services. The project team will manage the balance of LQN and other crypto tokens in the treasury, ensuring the circulation of LQN tokens in the market is suitable to meet the demand of the user community. A portion of the LQN tokens may be locked in program accounts after it is spent for the exclusive or early access mint events, which will reduce the circulation of LQN tokens over time.