QOR Tokenomics
All figures on this page come from the canonical QoreChain Tokenomics v2.2 document. Changes from v2.1 are listed in the public changelog.
Every figure below was queried from the live QoreChain mainnet on 20 August 2026 and can be reproduced by anyone with a browser. A number that cannot be checked is a claim; a number that can be checked is a fact.
4,500,000,000 QOR
Genesis Supply
80,000,000 QOR
Never Minted (Burn Reserve)
4,485,743,878 QOR
Current On-Ledger Supply
28,175,954 QOR
Burned Since Genesis
21,102,709 QOR (0.47%)
Circulating at Listing
$0.025
Listing Reference Price
2.33 seconds
Average Block Time
One block, deterministic
Finality
QOR began trading publicly on 20 August 2026, 13:00 UTC; withdrawals opened on 21 August 2026, 13:00 UTC. The initial listing reference price was $0.025. That is the reference price at which trading opened: not a floor, not a guarantee and not a prediction. From the moment trading opened, the price of QOR has been determined solely by the market.
This page publishes no implied valuation. Any such figure is derived from a live price and changes with every trade; the supply ladder below contains everything required to compute one.
The Supply Ladder
Every line below was queried from api.qore.host on 20 August 2026. Each layer either names the public endpoint that returns it or states how it is derived.
| Layer | QOR | How to verify |
|---|---|---|
| Genesis supply | 4,500,000,000 | published initialisation scripts |
| Never minted (Burn Reserve) | 80,000,000 | absent from the genesis account list |
| On-ledger supply at genesis | 4,420,000,000 | genesis account list |
| Emitted since genesis, gross | 93,919,833 | module account reconciliation |
| Burned since genesis | 28,175,954 | /qorechain/burn/v1/stats |
| Current on-ledger supply | 4,485,743,878 | /cosmos/bank/v1beta1/supply |
| Held in QoreChain escrow accounts | 4,401,833,506 | 29 addresses, published below |
| Held in protocol module accounts | 71,143,897 | /cosmos/auth/v1beta1/module_accounts |
| Held outside both sets | 12,766,476 | the remainder |
| Distributed at listing | 8,336,233 | listing distribution, below |
| Circulating supply at listing | 21,102,709 | 0.47% of genesis supply |
A token that is unlocked inside an escrow account is not a token in circulation. Every escrow account listed on this page is controlled by the QoreChain Association. Balances become circulating supply only when they are distributed to an independent holder, and every such distribution appears in the monthly supply report.
The 80,000,000 QOR Burn Reserve was never minted: it was excluded from the genesis account list and does not exist on the ledger, which means it cannot be moved, spent or created. Nothing was destroyed, because nothing was ever created. A reserve that was never minted is a stronger guarantee than a burn, because it does not depend on trusting a transaction that someone has to find.
Distributed at listing
| Source | QOR |
|---|---|
| Exchange launch airdrop | 3,000,000 |
| Seed, 2% of 225,000,000 | 4,500,000 |
| Private, 5% of 5,000,000 | 250,000 |
| Public Sale, 15% of 1,264,225 | 189,634 |
| Pre-Market, 15% of 2,643,995 | 396,599 |
| Total distributed at listing | 8,336,233 |
Built Before Listed
Mainnet has been live since 7 June 2026. In the 74 days before QOR traded anywhere, the network produced blocks continuously at an average of 2.33 seconds per block, measured across the last 100,012 blocks, with single-block deterministic finality.
Every transaction on the native lane requires an ML-DSA-87 signature under FIPS 204 at security category 5, with no classical fallback. That has been enforced since block one.
The post-quantum cryptographic library is published on npm, PyPI, Maven, Go modules and crates.io. The SDK and the Rollup Development Kit are public. The QoreX wallet ships as browser extensions for Chrome and Firefox, as a macOS application, and on Android. The codebase is Apache-2.0.
This bears directly on the tokenomics. The rounds that funded this network closed under-subscribed, and the tokens that were not sold were never issued into circulation. The float at listing is a fraction of what a fully subscribed plan would have produced, and the network was delivered anyway.
Funding Rounds
| Round | Price | Round size | Subscribed | At listing | Cliff | Vesting |
|---|---|---|---|---|---|---|
| Seed | $0.005 | 225,000,000 | 225,000,000 | 2% | 12 months | 24 months linear |
| Private | $0.010 | 5,000,000 | 5,000,000 | 5% | 9 months | 21 months linear |
| Public Sale | $0.018 | 150,000,000 * | 1,264,225 | 15% | 30 days | 6 months linear |
| Pre-Market | $0.020 | 150,000,000 * | 2,643,995 | 15% | 30 days | 6 months linear |
| Strategic | $0.015 floor | 180,000,000 | not opened | 5% | 12 months | 18 months linear |
* The Public Sale and the Pre-Market round drew on the same pool of 150,000,000 QOR at different prices. Together they subscribed 3,908,220 QOR, which is 2.61% of the pool. The Pre-Market round closed on 18 August 2026, 16:00 UTC.
Round size is the maximum size of the round. Subscribed is what was actually taken up. Earlier versions of the canonical document showed round size in a column labelled "Raise", which read as capital received. That was wrong and is corrected here.
Vesting anchor: vesting for every round is anchored to the exchange listing instant, 20 August 2026, 13:00 UTC, and not to mainnet genesis. This applies to all rounds without exception.
The Strategic round was not opened. Its cliff has been extended from 6 months to 12 months, matching the core team, so that no strategic investor can exit before the people who built the network.
The QoreChain Builders Fund
The Public Sale and Pre-Market rounds subscribed 3,908,220 QOR of a shared 150,000,000 QOR pool. The unsold portion is 146,091,780 QOR.
Those tokens have not been returned to any investor allocation, have not been rolled into a future round, and have not been burned. They have been assigned to the QoreChain Builders Fund, together with the existing Developer Grants allocation of 270,000,000 QOR, for a total of 416,091,780 QOR, which is 9.25% of genesis supply.
146,091,780 QOR that could have been sold to investors at a discount can now never be sold at all. It can only be paid to people who build, secure and operate the network, under the rules below. This is the substantive change in version 2.2.
| Programme | Purpose | Share | QOR |
|---|---|---|---|
| Builder Grants | teams building on QoreChain, paid against milestones | 40% | 166,436,712 |
| Network Tasks | quests, testnet work, validator and node onboarding | 20% | 83,218,356 |
| Hackathons & Competitions | events, prizes, challenges | 15% | 62,413,767 |
| Security | bug bounty, audit rewards, responsible disclosure | 15% | 62,413,767 |
| Education & Ambassadors | translations, tutorials, ambassador programme | 10% | 41,609,178 |
| Total | 100% | 416,091,780 |
The five rules
These rules apply together. Each one exists because the others are not sufficient on their own.
- 1.Nothing leaves without work. Every distribution is attached to a merged pull request, a deployed contract, a validated security report, a completed quest or an accepted grant milestone.
- 2.No more than 25% of the fund may be distributed in any twelve-month period, which is 104,022,945 QOR. The fund is therefore guaranteed to exist for at least four years.
- 3.Large grants vest. Grants above 250,000 QOR pay 25% on milestone acceptance and 75% linearly over six months. Below that threshold, bounties, prizes and small grants pay in full on acceptance.
- 4.The fund cannot be redirected. No allocation from it may be moved to the team, to investors, to market making or to exchange liquidity.
- 5.It is public. The addresses are published, and the balance, the amount committed and the amount paid are reported monthly.
Two approval tracks
Grants are approved through two independent tracks, each with its own on-chain address, so the monthly report shows who decided what.
Council Grants
Approved by the council of the QoreChain Association.
Community Grants
Proposed and selected by the community.
Token Allocation
By category
| Category | QOR | % |
|---|---|---|
| Ecosystem & Protocol | 1,545,000,000 | 34.33% |
| Community Distribution | 735,000,000 | 16.33% |
| Team & Advisors | 720,000,000 | 16.00% |
| Treasury & Operations | 560,000,000 | 12.44% |
| Investors | 410,000,000 | 9.11% |
| Marketing & Partnerships | 270,000,000 | 6.00% |
| Community Programs | 135,000,000 | 3.00% |
| Reserves & Burns | 125,000,000 | 2.78% |
| Total | 4,500,000,000 | 100% |
Full allocation and release schedule
"At listing" is the share of a bucket not subject to a vesting schedule at 20 August 2026, 13:00 UTC. All schedules are anchored to that instant.
| Bucket | QOR | At listing | Cliff | Vesting |
|---|---|---|---|---|
| Community Airdrop | 450,000,000 | 0% | — | activity-gated, see Community Airdrop |
| Public Sale & Pre-Market | 150,000,000 | 15% | 30 days | 6 months linear |
| Early Community Contributors | 135,000,000 | 0% | — | 6 months linear |
| Ecosystem Fund | 270,000,000 | 8% | — | 48 months |
| Developer Grants (Builders Fund) | 270,000,000 | 0% | — | 60 months |
| Staking Rewards | 590,000,000 | 2% | — | 48 months, emission-paid |
| Liquidity and Listings | 190,000,000 | governed | — | 12 months |
| Validator Incentives | 112,500,000 | 8% | — | 36 months |
| Bug Bounty | 67,500,000 | 15% | — | 48 months |
| Security Audits | 45,000,000 | 25% | — | 24 months |
| Core Team | 540,000,000 | 0% | 12 months | 48 months linear |
| Advisors | 135,000,000 | 0% | 6 months | 36 months linear |
| Early Team Contributors | 45,000,000 | 0% | 6 months | 24 months linear |
| Seed | 225,000,000 | 2% | 12 months | 24 months linear |
| Private | 5,000,000 | 5% | 9 months | 21 months linear |
| Strategic | 180,000,000 | 5% | 12 months | 18 months linear |
| Treasury Reserve | 335,000,000 | 0% | — | governance |
| Foundation Operations | 135,000,000 | 10% | — | 36 months |
| Future Partnerships | 90,000,000 | 15% | — | 30 months |
| Marketing Operations | 112,500,000 | 0% | — | 36 months |
| Strategic Partners | 90,000,000 | 0% | 6 months | 12 months plus milestones |
| KOL and Influencers | 45,000,000 | 0% | 30 days | 6 months linear |
| Community Campaigns | 22,500,000 | 15% | — | 12 months linear |
| Ambassador Programme | 67,500,000 | 25% | — | 24 months |
| Content Creators | 22,500,000 | 35% | — | 18 months |
| Education | 22,500,000 | 20% | — | 30 months |
| Governance DAO | 22,500,000 | 15% | — | 36 months |
| Emergency Reserve | 22,500,000 | 0% | — | emergency use only |
| Insurance Fund | 22,500,000 | 10% | — | 48 months |
| Burn Reserve | 80,000,000 | never minted | — | no account exists |
| Total | 4,500,000,000 |
Each account above is a standard account controlled by the QoreChain Association. The schedules in this table are commitments of the Association, published together with the address that holds each balance, so that any deviation from them is visible immediately. They are not protocol locks, and this page does not claim that they are.
Allocations delivered to buyers are different. When a Pre-Market, Public Sale, Private or Seed participant claims, the allocation is delivered into an on-chain vesting account whose release schedule is enforced by the protocol rather than by the Association, and which anyone can inspect on the explorer.
Update, 20 August 2026: the Core Team, Advisors and Early Team Contributors allocations no longer rely on that commitment alone. All three were delivered into on-chain vesting accounts enforced by the protocol itself; the account pairs are published in the on-chain addresses section below.
Team, advisors and contributors
| Group | QOR | At listing | Cliff | Vesting | Fully unlocked |
|---|---|---|---|---|---|
| Core Team | 540,000,000 | 0% | 12 months | 48 months linear | month 60 |
| Advisors | 135,000,000 | 0% | 6 months | 36 months linear | month 42 |
| Early Team Contributors | 45,000,000 | 0% | 6 months | 24 months linear | month 30 |
No member of the team, no advisor and no early contributor holds a liquid QOR at listing. The core team is fully unlocked five years after listing, which is longer than the schedules used by most Layer 1 networks launched in the last three years.
On-Chain Addresses
Every bucket holds its balance in a dedicated account. The addresses are published so that any deviation from the schedule above is visible to everyone the moment it happens.
25 of the 29 escrow accounts hold their genesis balance to the last token, 74 days after mainnet launch. A total of 18,166,494 QOR, or 0.41% of supply, has left four accounts since launch: 9,000,002 QOR from Liquidity and Listings, 6,000,000 QOR from Validator Incentives, 3,162,492 QOR from Marketing Operations and 4,000 QOR from Foundation Operations.
Every address opens on explore.qore.network. The Burn Reserve has no address, because it was never minted.
Update, 20 August 2026: team allocations are now protocol-enforced
On 20 August 2026, after the measurements on this page were taken, the Core Team, Advisors and Early Team Contributors allocations were delivered from their escrow accounts into on-chain vesting accounts whose release schedules are enforced by the protocol rather than by the Association. This is the stronger guarantee described above, now applied to every team allocation, and anyone can verify each account on the explorer.
| Bucket | From (escrow) | To (vesting account) | QOR |
|---|---|---|---|
| Core Team | qor1pstahlngflck3cgsjcfqyuhua70nuvjpjnrxwf | qor1x82yyerttz0cpkea4jyf04efkhfznf092z456j | 540,000,000 |
| Advisors | qor1mmeync4zwyz9sjfla7rxrh5zuqjqw7knkj9cs3 | qor1zwtmqzjwhf94rxmf0fghmdlzueay8fmfugqj7s | 135,000,000 |
| Early Team Contributors | qor1f50vx6zyj4njsvjj4dc97m37a39ts5tu740w9e | qor1jcakf3kqdw8z002zc97ph3ygq92xnwqljtcu32 | 45,000,000 |
Each source escrow account now holds only a residual fee balance of roughly 19.4 QOR; it is not part of any allocation. The Core Team and Advisors schedules are anchored to the listing instant. The Early Team Contributors schedule starts one day later, on 21 August 2026 at 13:00 UTC, because of an immutable start time set when the account was created; its cliff and vesting lengths are unchanged.
Community Airdrop
The Community Airdrop allocation of 450,000,000 QOR is released in monthly tranches beginning 45 days after listing, and within every tranche, distribution is proportional to quantifiable on-chain activity in support of the network. Nobody receives an allocation for existing. Participants receive a share of a tranche in proportion to what they actually did.
Whatever a tranche does not distribute is not released, not forfeited and not burned. It rolls into the following month and is distributed under the same rule, and it keeps rolling for as long as it takes. The schedule paces the release; activity decides who receives it.
Two consequences follow, and both are deliberate.
- Supply enters circulation only against contribution, so a period of low network activity produces a small distribution rather than a large one that immediately looks for an exit.
- A participant who becomes active in month nine is not late, because the allocation that earlier months did not distribute is still there waiting for them.
Liquidity and Listings
The liquidity and market making allocations are consolidated into a single allocation of 190,000,000 QOR, released by governance decision only, and only against a secured venue or a signed market making agreement. No allocation is reserved for any venue in advance. Every deployment appears in the monthly supply report.
As of 20 August 2026, 9,000,002 QOR has been deployed from this allocation as market making inventory.
Why QOR is not on a decentralised exchange
QOR trades on a centralised exchange in the QOR/USDT pair. QoreChain has not deployed QOR to any decentralised exchange on any other network, and this is a matter of architecture rather than sequencing.
A QOR pool on an external EVM or Cosmos venue requires a wrapped representation of QOR on a chain that does not enforce post-quantum signatures. That wrapped token would be a classically secured claim on a post-quantum asset, which is precisely the failure mode QoreChain exists to remove. Liquidity is deployed where QOR can be held and settled natively.
For the same reason, QOR deposits to the exchange must be sent from QoreX, which is currently the only wallet that signs post-quantum on the native lane.
Network Economics
Fee distribution
Implemented in the x/burn module and verifiable in the Apache-2.0 source and at /qorechain/burn/v1/params. This distribution applies to protocol fees and to emission, which is why 30% of everything the network creates is destroyed before it reaches anyone.
Emission
QoreChain operates a governed emission that funds staking and network participation rewards, and a burn engine that destroys tokens permanently. The two work against each other and both are measurable. Since genesis the network has emitted 93,919,833 QOR gross. Emission is not continuous: it is minted in discrete events of ≈1,504,700 QOR, with no emission between them, and it is bounded by the Staking Rewards allocation of 590,000,000 QOR across 48 months. The rate is a governance parameter.
QoreChain does not have a hard cap in the protocol sense. It has a governed emission schedule and a burn engine, and every value on both sides is queryable at any time.
The burn engine
| Source | Burned |
|---|---|
| Protocol gas fees | 30% |
| AI service fees | 50% |
| Bridge fees | 100% |
| Failed transactions (share of gas consumed) | 10% |
| Contract creation (flat fee) | 100 QOR |
Milestone burns are written into the protocol: at 1,000,000 cumulative transactions the chain burns 1,000,000 QOR, and at 10,000,000 cumulative transactions it burns 10,000,000 QOR. These are executed by the protocol rather than by a decision, and the counter is public at /qorechain/burn/v1/milestone.
Since genesis the network has burned 28,175,954 QOR, and every individual burn is listed at /qorechain/burn/v1/records.
Staking returns
This page does not publish a target staking rate. Emission is a fixed quantity distributed across whatever is bonded. When little is bonded, the return per token is very high; as participation grows, the same emission is divided among more tokens and the rate falls. Anyone can compute the current rate from /cosmos/staking/v1beta1/pool and the emission parameters.
As of 20 August 2026, 5,400,005 QOR is bonded across 6 validators, which is 0.12% of supply. All 6 active validators are operated by QoreChain, and their bonded stake and accrued rewards are treated as project-controlled rather than circulating.
Tokens held in a vesting account can be delegated from the moment they are delivered, and the rewards they earn are fully liquid.
Parameters
Protocol parameters are enforced by the chain. Programme rules are enforced by the QoreChain validator and node programmes at registration, and are not protocol constraints. The distinction matters, and this page draws it explicitly.
| Parameter | Value | Enforced by |
|---|---|---|
| Validator unbonding period | 21 days | protocol |
| Maximum active validators | 100 | protocol |
| Community tax | 2% | protocol |
| Minimum light node stake | 1,000 QOR | protocol |
| Light node reward share (of network fees) | 3% | protocol |
| Light node minimum uptime for rewards | 80% | protocol |
| Light node registration fee | 1 QOR | protocol |
| Maximum light nodes | 10,000 | protocol |
| Minimum validator self-stake | 100,000 QOR | programme |
| Validator commission (floor, cap, max daily change) | 5% – 20%, 1% max daily change | programme |
| Minimum delegation | 10 QOR | programme |
| Light node unbonding period | 14 days | programme |
Slashing
Enforced by the protocol and live at /cosmos/slashing/v1beta1/params.
| Fault or parameter | Value |
|---|---|
| Double signing | 5% of stake, plus permanent removal |
| Downtime | 1% of stake |
| Signed blocks window | 100 blocks |
| Minimum signed per window | 50% |
| Jail duration after downtime | 10 minutes |
Light nodes
Light nodes receive 3% of all network fees, are not subject to slashing, and require a 1,000 QOR delegated stake, a 1 QOR registration fee and 80% uptime to earn rewards. Hardware requirements are two CPU cores, 4 GB of RAM and 50 GB of SSD. Registration is through the QoreChain dashboard.
A light node is the only way to earn a share of network fees without holding a validator-sized stake.
Governance and Reporting
The QoreChain Association, registered in Rolle, Switzerland, controls the Treasury Reserve and the Ecosystem Fund, and approves Council Grants from the Builders Fund.
On-chain governance parameters
| Parameter | Value |
|---|---|
| Voting period | 2 days |
| Maximum deposit period | 2 days |
| Minimum proposal deposit | 10 QOR |
| Quorum | 33.4% |
| Pass threshold | 50% |
| Veto threshold | 33.4% |
Monthly supply report
The QoreChain Association publishes, once a month, for every allocation bucket: the on-chain address, the balance, the amount unlocked, and the amount distributed since the previous report. Every figure is independently verifiable on explore.qore.network.
Amendment policy
Any change to these tokenomics is announced on this page before it takes effect, is recorded in the public changelog with the reason for the change, and every prior version remains accessible. Tokenomics v2.1 remains available as QCTokenomics_v2.1.pdf.
Verify Every Figure
Every figure on this page can be reproduced from public endpoints. No account, key or permission is required.
| To check | Query |
|---|---|
| Total supply | api.qore.host/cosmos/bank/v1beta1/supply |
| Any bucket balance | api.qore.host/cosmos/bank/v1beta1/balances/ADDRESS |
| Protocol module balances | api.qore.host/cosmos/auth/v1beta1/module_accounts |
| Total burned, by source | api.qore.host/qorechain/burn/v1/stats |
| Individual burns | api.qore.host/qorechain/burn/v1/records |
| Burn rates | api.qore.host/qorechain/burn/v1/params |
| Milestone burn counter | api.qore.host/qorechain/burn/v1/milestone |
| Bonded stake and validators | api.qore.host/cosmos/staking/v1beta1/pool |
| Staking parameters | api.qore.host/cosmos/staking/v1beta1/params |
| Slashing parameters | api.qore.host/cosmos/slashing/v1beta1/params |
| Governance parameters | api.qore.host/cosmos/gov/v1/params/voting |
| Light node parameters | api.qore.host/qorechain/lightnode/v1/params |
| Blocks, transactions, accounts | explore.qore.network |
Historical values can be read by adding the header x-cosmos-block-height to any query, which is how the emission and burn history in the canonical document was measured.
Legal Status and Notice
QOR is the native token of the QoreChain network. It is used to pay transaction fees, to secure the network through staking and delegation, and to participate in network governance.
It is not issued as, and does not represent, a share, a debt instrument, a deposit, a unit in a collective investment scheme or a claim against the QoreChain Association. Holding QOR confers no entitlement to profits, dividends, revenue or assets of the Association, and no right to repayment.
The QoreChain Association is registered in Rolle, Switzerland, and conducts its regulatory engagement under Swiss law. The Association will publish any further statement on the regulatory treatment of QOR through the amendment procedure above rather than informally.
QOR is a digital asset. The value of digital assets can be volatile and may decline. You should only commit funds you can afford to lose. Nothing on this page is an offer or solicitation in any jurisdiction where such an offer would be unlawful. The Pre-Market and Public Sale rounds were not available to residents of the excluded jurisdictions listed on the registration form, or to sanctioned jurisdictions.