We recently conducted a Twitter Space AMA session on April 16th, so that we could share the vision behind AQTIS, talk about the dApp launch, as well as our three AQTIS LSTs.
Below is a summary of the AMA. Enjoy!
What inspired the creation of AQTIS and what guiding principles led to its development?
AQTIS was born because our co-founders felt there was a lack of sustainable yield projects that harnessed cutting-edge Web3 technology. Recognizing this gap, AQTIS’s co-founders embarked on their own venture.
They built a core team of seasoned professionals, including data scientists, marketers, operations experts, and machine learning masters. Over the last 12 months, the team embarked on building AQTIS to democratize access to advanced technology in the web3 space.
The project’s pillars were built upon fundamental principles:
- The necessity for cutting-edge technology to spur innovation.
- The integration of blockchain alongside quant tech to broaden accessibility beyond institutional confines.
With a team now expanded to 17 high-caliber individuals, AQTIS fosters an environment of excellence and collaboration, driven by a unified vision for technological advancement in the digital landscape.
What prompted AQTIS to introduce three LSTs?
AQTIS embarked on creating three LSTs because we believe that by providing multiple options, users gain the flexibility to tailor their LST strategy to their individual preferences and risk appetite.
This diversified approach ensures users can select LSTs that align with their specific needs and goals. For instance, those seeking exposure to Ethereum may opt for an ETH-focused LST, while others may prioritize flexibility in entry and exit points or focus on maximizing yield.
AQTIS’s platform excels in providing a diverse range of options. With three distinct LSTs, each with its unique rewarding mechanism, AQTIS empowers users to strategize and customize their portfolios according to their preferences and objectives, whether for the short, medium, or long term.
Could you provide insights into qETH?
qETH mirrors the familiar concept of staking ETH prevalent in the crypto space. Pegged at a 1:1 ratio to native Ethereum, qETH offers a competitive 10% annual yield, distributed between native ETH (7.5%) and AQTIS tokens (2.5%).
As an entry-level Liquid Staking Token (LST), qETH is easy to understand for anyone already acquainted with ETH staking. However, it’s crucial to acknowledge the inherent risks associated with ETH staking providers.
At AQTIS, our priority is to ensure sustainable and competitive yields for users. Despite market challenges, our 10% APR stands out against industry averages of around 3.8% to 4.2%. The distinguishing factor of AQTIS qETH lies in its approach to yield generation, which does not rely on a third party.
What is the concept behind QSD?
QSD, or Quant State Dollar, offers a unique approach to stable LSTs. Unlike traditional LSTs tied to volatile assets like ETH, each QSD will mint for $1 USD and has a hard-coded yield of 15%. However, the QSD price is subject to market dynamics, providing both a controlled downside and uncapped upside potential. QSD delivers a fixed 15% annual yield, distributed as 12.5% APR in USDC and 2.5% APR in AQTIS tokens.
Users benefit from a stable yield in USD value regardless of price fluctuations, making it an attractive option for long-term planning.
This hybrid approach combines elements of stablecoins and volatile assets (although QSD is not a stablecoin), ensuring standardized yields while adapting to market forces. Overall, QSD offers a unique opportunity with dual yield mechanisms influenced by popularity and market dynamics.
What is QRT and how does it work?
Quant Reserve Token, or QRT, is a unique Liquid Staking Token (LST) offering dynamic yield mechanisms tailored to diverse user preferences. Unlike traditional LSTs, QRT introduces a volatile yet rewarding system that adapts to market conditions. Priced at $10 USD per QRT initially, it offers a competitive APR of 17.5%, distributed among three currencies: 7.5% in ETH, 7.5% in USDC, and 2.5% in AQTIS tokens.
QRT’s appeal lies in its dynamic yield mechanism.
In scenarios where users exit, remaining holders benefit from increased APR, potentially reaching exponential levels. This unique dynamic encourages long-term holding strategies, as users capitalize on heightened yields amidst market fluctuations. Additionally, QRT holders can leverage dollar-cost averaging to accumulate yield and explore various strategies.
By providing users with flexible options for yield accumulation and strategy development, QRT enhances the liquid staking experience, paving the way for further innovation in the LST landscape.
What are the team’s strategies for launch, marketing, and engaging with KOLs?
We deeply appreciate the community’s patience and understanding as we’ve been diligently developing our product. While we’ve had valuable partnerships and influential KOLs onboard, our focus has been on ensuring our product is fully operational before ramping up marketing efforts.
The recent private beta launch on April 17 marks the beginning of our product’s journey into the spotlight. Now that we have a working product, we’re poised to leverage our technology and initiate comprehensive marketing campaigns. This signifies not the end of anticipation, but rather the commencement of AQTIS’s broader visibility and increased engagement. Our current KOLs and partners are eager to witness our progress, and we’re committed to building upon our momentum as we move forward.
What can we expect from AQTIS in the coming weeks?
Following the release of our private beta to gather feedback from KOLs and selected community members, our focus shifts to refining the dApp’s features to ensure a seamless user experience.
Subsequently, we plan to launch the dApp publicly, inviting everyone to participate and provide further feedback for ongoing improvements. Once the public testing phase concludes, we’ll open the doors for full-scale participation on the dApp, allowing users to fully experience the benefits of AQTIS LSTs.
What are our liquidity goals for the first phase of the dApp?
Our target is to reach liquidity caps on all LSTs by the year’s end, with a fixed Total Value Locked (TVL) cap set at $250M. While this represents a sustainable maximum for our current LST structure, exceeding it in the future is possible. We prioritize caution and sustainability, aiming to mitigate risks and maintain stability in the ecosystem. Once these caps are met, we can explore launching updated versions of popular LSTs with higher caps based on user demand and market dynamics.
Are LST fees enough to sustain AQTIS, and do we plan to remove buy/sell taxes?
Our focus is on long-term sustainability for both users and the project. While transaction taxes may need adjustment for potential CEX listings or collaborations with market makers, our priority remains to ensure viability and user-friendly experiences. As AQTIS evolves and generates more revenue, we’ll revisit our tax structure to align with our growth strategy. Flexibility is key, and we’ll adapt as needed to maintain a balanced approach between revenue generation and user satisfaction.
How does $AQTIS token accrue value?
Our focus is on optimizing Total Value Locked (TVL) versus performance. We prioritize high performance with an optimal TVL over inflated TVL with lower performance. This approach ensures that we generate significant yield to support the token’s value via buybacks.
The relationship between our performance and the utility of the AQTIS token is robust due to our advanced quant technology. As our project operates and performs well, there is a continuous demand for the AQTIS token, contributing to its market value. While we can’t discuss price specifics due to legal considerations, the community can speculate on the token’s value based on its utility and performance.
Is team doxxing part of our plan?
While we’re open to the idea, it’s not an immediate priority. Our focus is on ensuring the successful launch of our dApp and prioritizing its security and reliability. We’re carefully evaluating the risk-reward balance to determine if revealing our identities adds significant value at this stage. Currently, our team is disclosed to partners and other relevant parties, and we’re operating transparently within legal frameworks in the Netherlands. Trust and safety remain paramount, and if there were any concerns, our partners would validate our credibility.
Any updates regarding the AQTIS Roadmap?
Currently, our primary focus is on our dApp and LSTs. We’re preparing a detailed blog post on our roadmap, which will be released after the public launch. Additionally, we’re seeking to expand our team by hiring senior developers to further enhance our capabilities. Once the dApp is launched, we’ll reassess our roadmap priorities based on feedback and success metrics.
Our next steps will be guided by our initial performance. This could involve doubling down on marketing efforts or refining existing features based on user feedback. Beyond the dApp and LSTs, we’re exploring opportunities to open up our quant technology to a broader user base, catering to those seeking more active market exposure. Our current focus remains on ensuring a successful dApp launch, which is progressing smoothly and on schedule. We’re thrilled to reach this milestone after dedicated efforts in development. Stay tuned for what’s to come next!
As we conclude this Twitter space AMA recap, we’re delighted by the progress of the AQTIS dApp thus far and the positive engagement from our community.
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That’s all for now. Stay tuned for more exciting updates, and we’ll catch you in the next one!
