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AntiQua

AntiQua

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  3. AntiQua Tokenomics: 56 Million AQA, 75% Mined, Every Fund Accountable

AntiQua Tokenomics: 56 Million AQA, 75% Mined, Every Fund Accountable

Scheduled Pinned Locked Moved Economics & ICO
tokenomicssupplyminingfundsrelay-lottery
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  • BlythexB
    BlythexB
    Blythex
    wrote last edited by Blythex
    #1

    How many AQA will ever exist? Who gets them – and how can you check that we keep our word? 🤔

    This post lays out the AntiQua tokenomics in plain language: the total supply, how new coins are created, how the Relay Reward Lottery pays node operators, what the four ecosystem funds are for, and the rules that bind them. Everything here is enforced by the node software or verifiable on-chain – you shouldn't have to trust us, you should be able to check.


    📊 The big picture

    Total supply: 56,000,000 AQA – a hard cap, enforced by consensus. The node rejects anything that would exceed it.

    Allocation Amount Share
    ⛏ Mining rewards 42,000,000 AQA 75.00 %
    🎲 Relay Reward Lottery 4,000,000 AQA 7.14 %
    ❤ Charity Fund 4,000,000 AQA 7.14 %
    🐞 Bug Bounty Fund 3,000,000 AQA 5.36 %
    🛠 Dev Fund 1,500,000 AQA 2.68 %
    🖥 Server & Infrastructure Fund 1,500,000 AQA 2.68 %

    More than 82 % of all coins go to the people who run the network – 75 % to miners, another 7 % to relay nodes. There is no allocation for VCs. The remaining ~18 % keeps the project secure, running and useful to the world.


    ⛏ Mining: 42 million AQA, earned block by block

    • Starting reward: 50 AQA per block
    • Halving: every 420,000 blocks – the first one at block height 420,005
    • Target block time on mainnet: 10 minutes → a halving roughly every 8 years, twice as long as Bitcoin
    • Reward floor: the reward never drops below 0.1 AQA – miners always get paid, until the hard cap is reached
    Era Reward per block Coins in this era Share of mining supply
    1 50 AQA ~21,000,000 50 %
    2 25 AQA ~10,500,000 25 %
    3 12.5 AQA ~5,250,000 12.5 %
    4 6.25 AQA ~2,625,000 6.25 %
    … halving continues down to 0.1 AQA … …

    💡 On testnet, blocks come every 2 minutes, so everything there runs five times faster – the 8-year figure applies to mainnet.


    🎲 Relay Reward Lottery – 4,000,000 AQA

    Miners aren't the only ones keeping AntiQua alive. Nodes that relay transactions and blocks do essential work too – so they get their own reward.

    How it works:

    • 🎫 Register your node with a small bond of 0.5 AQA. A registration stays valid for 1,440 blocks (about 10 days on mainnet) and becomes active after 6 blocks.
    • 🏆 Every block from height 5 on pays 1.5 AQA to one registered relay node – as a second output of the block's coinbase, right next to the miner's reward.
    • ⏳ Fair rotation: a winner has to sit out for 144 blocks (about a day on mainnet) before winning again, and built-in guards prevent anyone from flooding or biasing the draw.
    • 📈 Long-lasting: at 1.5 AQA per block, the 4 million budget lasts around 50 years on mainnet. After that, relays keep earning 5 % of the block fees.

    Every lottery payout is part of a block – public and verifiable like any other transaction. The full rules – bond, registration, cooldown and the guards against gaming – are in Relay Reward Lottery. Running a full node? Relay lottery participation is switched on by default in the node config.


    📦 How the funds are created: in the open, one block each

    The genesis block stays clean: it only contains the genesis message and the normal 50 AQA block reward. No fund money is hidden in it.

    Right after genesis, the four ecosystem funds are created in four separate, dedicated blocks. In each of them, the block's coinbase is the fund – nothing else:

    Block #0   Genesis           genesis message + 50 AQA mining reward
    Block #1   Bug Bounty Fund   3,000,000 AQA
    Block #2   Charity Fund      4,000,000 AQA
    Block #3   Dev Fund          1,500,000 AQA
    Block #4   Server Fund       1,500,000 AQA
    Block #5+  mining            50 AQA per block + 1.5 AQA relay lottery
    

    After block #4 the funds are closed for good – there are no further fund blocks, ever. Apart from these four one-time blocks, new AQA can only be created by mining and the relay lottery. No hidden mint, no admin key that prints coins.


    🔒 The four funds – and the rules that bind them

    🐞 Bug Bounty Fund – 3,000,000 AQA · Multi-sig 2-of-3

    A post-quantum blockchain has to be battle-tested. This fund pays security researchers who find and responsibly report vulnerabilities, and finances professional security audits.

    Severity Guideline reward
    🔴 Critical up to 300,000 AQA
    🔶 High 30,000 – 100,000 AQA
    🔸 Medium 5,000 – 30,000 AQA

    Available on demand – no vesting, because a critical bug can't wait for the next quarter. Every payout needs 2 of 3 signatures.

    ❤ Charity Fund – 4,000,000 AQA · Multi-sig 2-of-3

    Our way of giving back. The community votes on where the money goes, with a focus on environment, education and open source.

    • Locked in an on-chain vesting contract: 250,000 AQA per quarter, 16 quarters, 4 years – starting with the fund block at mainnet launch
    • Quarterly community vote on the recipients
    • Every release needs 2 of 3 signatures

    🛠 Dev Fund – 1,500,000 AQA · Single-sig, vested

    Building a blockchain from scratch costs years of work and real money – servers, tools, audits. This fund recognises the initial development and keeps full-time development going.

    • The full 1.5 million goes into an on-chain vesting contract
    • Released linearly over 4 years – no big dump possible

    🖥 Server & Infrastructure Fund – 1,500,000 AQA · Single-sig, vested

    A network needs infrastructure: DNS seeders, archive and full nodes around the world, backups and redundancy.

    • 250,000 AQA available right away to get the infrastructure running
    • The remaining 1,250,000 AQA released linearly over 5 years

    ⚙ Enforced by the node software: the fund blocks are only created if Bug Bounty and Charity point to multi-sig addresses and Dev and Server to single-sig addresses – anything else is rejected. The vesting contracts use the VESTING template built into NodeCore.


    🛡 How the fund keys are protected

    • ❄ Cold storage – fund wallets are created and signed on offline machines that never touch the internet
    • 🌍 Separated backups – recovery phrases are stored on paper in several physically separate locations
    • 📢 Public announcements of large transfers – before they happen
    • 📄 Quarterly transparency reports here in the forum: balance of every fund, every payout with amount, purpose and transaction hash, charity votes, current mining reward and how much of the relay budget has been paid out

    🔍 Verify it yourself

    Once mainnet is live, anyone can check with a node or the block explorer:

    • Block #0 – clean genesis, 50 AQA
    • Blocks #1–#4 – exactly 3M / 4M / 1.5M / 1.5M AQA to the four fund addresses
    • Every block from #5 – 50 AQA mining reward (halving) + 1.5 AQA relay output
    • Fund addresses – every balance and every outgoing transaction

    ⌛ Fund addresses & explorer links – coming soon.
    The official mainnet addresses of all four funds will be published after the key ceremony, together with links to the AntiQua block explorer, so you can check every balance and every transaction yourself. We'll add them to this post and announce them in Announcements. Until then: any "fund address" you see anywhere else is not official.


    📏 The fine print

    Smallest unit 1 AQA = 100,000,000 satoshi
    Dust limit 0.00001 AQA – smaller outputs are invalid
    Coinbase maturity mined coins become spendable after 100 blocks
    Consensus math all amounts are integers in satoshi – no floating-point rounding anywhere

    💬 Your turn

    Questions, doubts, ideas? This is exactly the place for them – good tokenomics survive tough questions. Ask below. 👇

    — Blythex

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    • BlythexB Blythex pinned this topic

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