About Quai Network Airdrop
Quai Network Airdrop is a new design to create radically more efficient blockchains. Their solution relies on revolutionary advances in blockchain sharding technologies and the use of Proof-of-Work 2.0. Because Quai Network is modular, it can scale horizontally to accommodate more users as the network grows.
Quai Network is conducting a bounty in which users can free QUAI for doing simple tasks. Sign up for the bounty and complete simple tasks to earn free QUAI tokens. Tasks can be conducted on various social platforms including Twitter, YouTube, Reddit, TikTok, and Instagram.
| Platform | Total Value | Max. Participants | Website |
|---|---|---|---|
| Own chain | N/A | Unlimited | Click Here To Visit |
Step No 1
Register for the Quai Network Airdrop by creating an account.
Step No 2
Verify your email & log in to your account.
Step No 3
Take part in the referral program and invite 3 friends.
Step No 4
Join Quai Network Airdrop on Telegram group & Telegram channel.
Step No 5
Follow Quai Network Wars on Twitter & like/share the pinned tweet and tag 3 friends.
Step No 6
Like/follow Quai Network Airdrop on Facebook & like/share the pinned post.
Step No 7
Submit your details to the Quai Network Airdrop form.
Revolutionizing Money.
Quai is a scalable, EVM compatible network of merge-mined blockchains enabling fast, accessible, and low-cost decentralized finance.
Merged Mining?
Merged Mining is the process of sharing hashrate across different blockchains. A Quai block header contains data for a Prime, Region, and Zone blockchain. The validity is determined by the amount of work found for the header. By combining the headers of Prime, Region, and Zone blockchains, Quai Network is able to secure three networks up and down the hierarchy at once.
Mining of the combined header block is done inside of the Quai manager. The Quai manager is a program that sits on top of Quai Network that handles passing of external blocks via RPC.
Coincident Blocks
In Quai Network, coincident blocks represent combined levels of work across blockchains. The rules for coincident blocks are as follows:
- 1.All Prime blocks within Quai Network must contain a Region and Zone block.
- 2.All Region blocks within Quai Network must contain a Zone block.
- 3.Zone blocks can be mined asynchronously without being included in a Prime / Region coincident block.
Due to the nature of coincident blocks, all Prime and Region blocks are considered coincident blocks. Prime is coincident with Region and Zone while Region is coincident with just Zone. Prime blocks act as a “knot” tying all Region and Zone blocks together in the Prime blockchain.
Tokenomics
The Quai Network Airdrop token acts as the backbone of Quai Network, ensuring network security, spam resistance, and simple exchange of value in a decentralized system.
Quai Network has a hard-capped token supply in order to achieve decreasing inflation in the short term and deflation in the long term.
Adoption Incentives
25% of the tokens are allocated to adoption incentives that look to provide critical integrations for Quai Network. This may come in the form of partnerships with Fortune 500 companies, governments, and underserved societies.
Mining
20% of Quai Network’s total supply will be reserved as block rewards for miners. Similar to other Proof-of-Work algorithms, Quai Network incentivises beneficent allocation of hashpower by rewarding miners who confirm a legitimate block that gets propagated to the entire network.
Due to the different levels of difficulty in mining Quai Network’s Prime, Region, and Zone chains, block rewards vary depending on which level of the hierarchy the miner has successfully mined the block in.
Foundation
15% of the tokens are allocated to the Foundation. These tokens will be used for several ecosystem-building endeavors, including further marketing, business development, brand awareness, and protocol support. These tokens have a 10-year vesting period and associated burn if unallocated.
Contributors
4% of the token supply will be awarded to core contributors to the Quai Network Airdrop ecosystem. These tokens are allocated to individuals and groups that are developing core tooling and infrastructure on Quai Network.
Community
3% of the supply has been reserved for community allocation. The specifics regarding this allocation have yet to be released.
Exchange Liquidity
Quai Network will allocate 2% of total token supply to provide early liquidity to exchanges. This liquidity will be used to accommodate the initial influx of adopters upon Mannet launch, before there can be sufficient user-provided liquidity.
Growth Incentives
Upon Mainnet launch, the Quai Foundation will utilize the allocated tokens to build partnerships that incentivize users and developers to transact and build on Quai Network.
The Quai Network Airdrop Foundation plans to work with startups, established companies, nation-states, community leaders, and more to create unique opportunities for new and existing users to participate in a global economy. Through grants and partnerships, the Quai Foundation will support the growth of the most robust and decentralized financial ecosystem to date.
Fast Secure Decentralized
Quai’s unique network of blockchains allows for seamless interaction across chains while maintaining decentralization. Quai is EVM compatible, so migrating your favorite DeFi protocols or NFT projects is a breeze.