Quadratic Accelerator Launches on Polygon zkEVM, Redefining Token Launches
In order to facilitate a new era of sustainable token economies, Quadratic Accelerator (q/acc) has successfully gone live on Polygon zkEVM. By using Augmented Bonding Curves (ABC) and Quadratic Funding (QF), the protocol reimagines conventional token generation events to provide more fairer and robust token launches based on long-term value creation and community support.
Q/acc offers mechanisms that support genuine token-holder alignment and long-term growth rather than allowing for speculative activity. Small-cap tokens are more resilient because to this paradigm, which also promotes more alignment between projects, their communities, and the protocols they are based on.
By limiting the amount that any person may contribute and preventing excessive influence by whales, q/acc, when combined with identity verification solutions such as Privado zkID and Passport XYZ, guarantees wider community access. Long-term participants are rewarded by lock-up schedules, which deter quick departures and preserve community trust.
The rise of q/acc coincides with a decline in confidence in token launch platforms that provide little protections. Scams and subpar projects are given preference by several of the most widely used bonding curve implementations on memecoin launchpads. This is resolved by q/acc by adhering to strict standards and community-focused ideals.
Griff Green, co-founder of Giveth and one of the minds behind q/acc, said:
Weve taken the quadratic funding model and supercharged it with advanced token engineering. This creates a massive win for all stakeholders: communities gain upside in early-stage projects, founders can launch liquid utility tokens effortlessly, and ecosystems see increased TVL and token utility.
One notable participant from the first round of q/acc, x23, is attracting early financial backing and the communitys attention by developing AI-powered solutions that simplify onchain governance. By uniting a group of innovative companies, q/acc creates a setting where projects may use Polygons developing AggLayer and zkEVM ecosystem under the direction of knowledgeable mentors and supported by a reliable network of backers.
The q/acc protocols key characteristics are:
- Community-Led Funding: Speculators and venture capitalists enter after supporters, who enter at market values of $2 million or less.
- Guaranteed Liquidity: Polygons equity-free investment is directed toward bonding curves rather than grants in order to kickstart liquidity pools and safeguard backers.
- Whale Mitigation: By limiting the maximum amount that each supporter may contribute, Privado zkID and Passport XYZ identity verification guarantee widespread community access.
- Anti-Rugpull: The community taking part in the q/acc round is given priority in token unlock schedules. Tokens belonging to the Q/ACC community unlock months earlier those of other users.
- Anti-Scams: Only eight excellent initiatives were chosen to take part in q/acc out of more than 200 applications, in contrast to launchpads where anybodyeven scammerscan create a token.
- Post-Round Price Floor: The q/acc mechanism makes sure that the price floor for liquid tokens that are released into the market will be greater than the cost of minting tokens during the q/acc round.
These characteristics guarantee fair launches and long-term expansion, safeguarding backers and fostering the perfect environment for token communities to flourish. While entrepreneurs benefit from a seamless manner to create tokens that stay liquid and utility-driven from day one, early backers have the chance to help shape prospective initiatives.
q/acc is backed by well-known companies who see the value of sustainable token economies. It is built on Polygon, incubated by Giveth, and supported by Commons Stack, General Magic, and Inverter Network. Its first round, which runs from December 620, is the first of many fundraising seasons that will be used to support web3 startups in the future.
Read more: https://thenewscrypto.com/quadratic-accelerator-launches-on-polygon-zkevm-redefining-token-launches/
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
