Here's how this works:

Every day, we collect revenue in USDC.

Also every day, thousands of people earn $QR rewards.

In order to fund these rewards, we swap USDC for $QR.

Insight #1 - when you send tiny amounts of a token to a large number of people, most of them hold by default. A small percentage do sell, but they are limited to selling the tiny amount they received. An even smaller percentage might decide to buy more, but there is no ceiling on how much they can buy. For example, 1 person buying $1,000 worth of $QR cancels out 20,000 people selling $0.05 worth. It's a good formula, it's been proven by other businesses, and we're happy to bet on.

Moreover, the rewards we are sending are not for nothing. They incentivize people to check out our daily winner, which is what makes the whole flywheel work.

The more attention we drive, the higher bids should be.

The higher bids are, the more revenue we make, the more $QR we can buy, and the more we can reward.

There's a reason we call it the onchain attention machine.

Author. Artist. Quinquagenarian. 

https://linktr.ee/nfterrybain

if you come for the queen you best not miss