Ink Finance White Paper (v2.0)
  • Ink Finance White Paper (v2.0)
  • Background
    • The Inadequate DeFi Lending Regime
  • Ink Finance Overview
    • An On-demand SaaS for Credit-based DeFi
    • Key Objectives and Features
      • Scalability of On-chain Execution
      • Convenience of Plug-and-Play
      • Hierarchical Economy
      • Integrity Assurance
      • Comprehensive Fiscal & Financial Tooling
      • Bespoke Financial Products
      • Compliance to Regulation
  • INK Modules And Use Cases
    • INK Modules Overview
    • INK Products Module
      • Unified Custodian Vault
      • InkEnvelope
      • Product Representing Ownership of Equity
      • Lending Product with Option-like Risk Control
      • Asset Management Products
        • Example - A Crypto ETF
        • Example - A Private Fund
    • INK Governance Module
      • Hierarchical DAO Construction
        • Administrative and Financial Control
        • DAO Tokens and Badges
        • The INK Staking Engine
      • Voting Power
      • Execution of Resolutions
        • Executing Off-chain Resolutions
        • Executing On-chain Resolutions
      • “Plug-and-Play” Committee Configuration
        • “Pluggable” Committees and Use Cases
        • Integrity of Managers
      • Intra-Committee Operations
    • INK Multichain Module
  • INK Integration Module
  • Business Model & Tokenomics
    • QUILL Utilities and Value Proposition
      • Governance Capital for DAOs
      • Fee Capture Utility
      • Public Incubation Capital
    • Allocation and Vesting
    • INK Economy Rules
      • QUILL Emission Pool
      • The INK Treasury
  • about
    • Core Team
    • Follow Ink Finance
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  1. Business Model & Tokenomics
  2. QUILL Utilities and Value Proposition

Fee Capture Utility

As a non-security token, QUILL will be explicitly monetized with the captured fees by the Ink Finance platform.

QUILL is also designed to be a fee capturing utility. Fees are charged to DAOs who issue funds from Investment Committees, or bespoke assets managed by the DAO's Treasury Committees. Fees are alternatively charged to DAOs that do not issue financial products but manage their assets with UCVs.

A portion of the collected fees is used to maintain the development and maintenance of the platform, and the rest will be used to swap for the QUILL tokens in the circulation. The QUILL tokens that are swapped back from the circulation will be put at the bottom of QUILL staking emission pool.

There is an initial Staking Reward Pool to emit rewards to those token holders who either stake to participate in the governance of the Ink Finance Protocol, or stake to sponsor other DAOs who cannot (or do not want to) acquire and stake QUILL tokens. Eventually, however, the emission will deplete this pool. The swapped back QUILL tokens will continuously build up a reverse to assure the operation of Ink Finance after the initial emission reward is depleted. Such a fee utility can be viewed as a “soft destruction” of the QUILL tokens in the circulation.

With QUILL’s non-inflationary issuance scheme, it becomes obvious that the growth of client DAOs operating on the Ink Finance platform, or the growth of assets under the management thereof, underpins the valuation of the QUILL tokens.

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Last updated 1 year ago