FlatQube: The Sustainable Crypto Coin for the Masses

FlatQube is a blockchain-based project integrated with Octus Bridge that has been managing to attract significant liquidity and facilitate swaps worth over 500 million dollars. With the introduction of the QUBE token, FlatQube aims to grow its ecosystem and create a sustainable business model that can withstand market fluctuations and ensure long-term success.

QUBE Token Allocation and Distribution

A total of 15 million QUBE tokens will be minted, and they will become accessible over the course of 4.5 years. The first two million tokens have already been minted and distributed to test the token’s demand and adjust the market. The remaining 13 million tokens will be minted when the FlatQube Decentralized Autonomous Organization (DAO) launches.

The DAO emission will operate according to a sigmoid function, ensuring that too many tokens will not be given away at the beginning, while still laying the foundation for future growth. This distribution model aims to maintain profitability and create a stable business model.

FlatQube DAO: Governance and Utility

QUBE is primarily a governance token, and its value should be tied to tangible returns rather than just the expectation of a price increase. FlatQube DAO aims to provide token holders with real business value and use cases.

To participate in FlatQube DAO governance, users need to have a balance of vote-escrowed QUBE (veQUBE). veQUBE is a virtual asset used within the DAO to determine each account’s voting power. Users can obtain veQUBE by locking QUBE tokens, with the maximum lock time being four years.

Active community members, defined as owners of veQUBE, will be able to create proposals and vote on various aspects related to the project, such as the use of treasury tokens, addition of new fee tiers, and implementation of new token mechanics. The initial governance parameters require a 20,000 QUBE total supply to submit a proposal and 80,000 of QUBE supply to reach a quorum. These parameters can be changed via proposal.

QUBE Token Utility

QUBE tokens have various utilities within the FlatQube ecosystem:

1. Fees: Currently, the exchange fee is 0.3% for most pairs and 0.05% for stable-stable pairs. All commissions are directed to the buyback and burning of QUBE tokens. This process will continue, but the mechanism can be changed via the DAO.
2. Services: Getting added to the FlatQube whitelist requires an initial 100 QUBE tokens, and getting added to the list of gauges requires an initial 1,000 QUBE tokens. These amounts may change through DAO voting.
3. Boosted Farming: Users who lock their LP tokens or QUBE tokens for specific periods can receive farming boosts, increasing their returns.

Boosting Returns with veQUBE

Users can boost their returns by locking in their LP tokens and QUBE tokens, receiving veQUBE tokens in return. The more veQUBE tokens users lock in and the longer they lock them, the higher their returns will be. Every two weeks, veQUBE owners can vote for the distribution of QUBE tokens in favor of LP tokens in the farming program.

A Cross-Chain DEX

FlatQube aims to become the primary Decentralized Exchange (DEX) within the Everscale ecosystem. By virtue of its integration with Octus Bridge, FlatQube is transforming into a cross-chain DEX with unlimited potential. This move helps attract new investors and projects, making the platform more popular and increasing liquidity across the board. It also adds tangible and understandable utility to QUBE tokens.

The Role of the FlatQube DAO

The FlatQube DAO was launched to enable more transparent decision-making processes for the project, allowing QUBE token holders and liquidity providers to have a say in the platform's future. This ensures that the value of QUBE matures in step with the growth of FlatQube, making it a more attractive investment for users and investors alike.

Team Background

The core team behind FlatQube consists of seasoned professionals with extensive experience in the cryptocurrency and blockchain industry. Their expertise includes network development, blockchain integration, and marketing strategies. This talented group has a track record of successful projects and partnerships in the crypto space. They have worked together to create a sustainable, secure, and accessible cryptocurrency designed for mass adoption.

Current and Upcoming Project Development

FlatQube continuously evolves and improves its offerings to meet market demands. The team prioritizes key partnerships that facilitate the growth and adoption of their cryptocurrency. A major focus is expanding its ecosystem and integrating with other platforms and networks. Upcoming developments include enhancing the platform's synergy with Ethereum, Cardano, and Solana, as well as creating a backward bridge with Cardano. In addition, FlatQube seeks to expand its user base by forging new alliances, engaging in targeted marketing initiatives, and fostering a robust community.

Conclusion

FlatQube is a sustainable crypto coin project that aims to provide its users with tangible returns and long-term success. By introducing the QUBE token and launching the FlatQube DAO, the project is set to attract more investors and projects, offering a transparent and democratic governance system. With its integration with Octus Bridge, FlatQube is becoming a cross-chain DEX with unlimited potential, making it an attractive investment option in the blockchain and cryptocurrency market.

FlatQube Price Analysis

As of December 6 2024 FlatQube has a marketcap of $91K. This is {{percentagefromath}} from its all time high of $58.61. In terms of its tokenomics, there's a total supply of 15M with 18% currently outstanding. Keep in mind FlatQube has a fully diluted value of $494K which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.