Understanding Quai's Dual-Token System
$QUAI – pronounced [k-why]
• EVM-compatible store of value
• Deflationary by design
• Programmable foundation
$QI – pronounced [chee]
• The Energy Dollar ⚡️💵
• Stable value tied to energy costs
• UTXO-based for cash-like properties
Together, they create the first complete monetary system on blockchain that can function without fiat reliance.
Learn more: https://t.co/FHEO42TALl
Quai Network's TGE is in 3 days.
We're super excited to see our ecosystem from Golden Age come back to life.
Get ready to swap tokens on @QuaiSwapio and trade NFTs on @quaimark.
Make sure you have @PelagusWallet installed and updated to the latest version!
What apps are you all excited about seeing in mainnet?
🚀 QUAI Transactions Activate February 19th!
A major milestone approaches! Starting February 19th, full $QUAI transaction capabilities come to Quai Network mainnet!
🔮 What's Coming:
▫️Sending & receiving $QUAI
▫️Deployment & interaction with smart contracts
▫️Trading
▫️Full EVM compatibility
⚙️ Technical Details:
▫️Initial gas limit: 12M
▫️Scaling to 50M over 2 months
▫️Gradual increase for network stability
Preparation Checklist:
1⃣Update @PelagusWallet
2⃣Test transactions on Orchard public testnet
3⃣Test contract deployment on Orchard public testnet
This marks Phase 3 of our mainnet rollout. Next milestone – $QI going live on March 19th to complete our energy-based dual-token model.
Get ready! ⚡️💵
Documentation: https://t.co/gzyHhs2hUR
Testnet Guide: https://t.co/XyBAtW68wp
🚀 QUAI Transactions Activate February 19th!
A major milestone approaches! Starting February 19th, full $QUAI transaction capabilities come to Quai Network mainnet!
🔮 What's Coming:
▫️Sending & receiving $QUAI
▫️Deployment & interaction with smart contracts
▫️Trading
▫️Full EVM compatibility
⚙️ Technical Details:
▫️Initial gas limit: 12M
▫️Scaling to 50M over 2 months
▫️Gradual increase for network stability
Preparation Checklist:
1⃣Update @PelagusWallet
2⃣Test transactions on Orchard public testnet
3⃣Test contract deployment on Orchard public testnet
This marks Phase 3 of our mainnet rollout. Next milestone – $QI going live on March 19th to complete our energy-based dual-token model.
Get ready! ⚡️💵
Documentation: https://t.co/gzyHhs2hUR
Testnet Guide: https://t.co/XyBAtW68wp
Mainnet Rollout Phase 1 is complete.
Quai is now entering Phase 2 – the Genesis Block.
Mark your calendars for February 4th.
The dawn of Mainnet is upon us.
The Road to Mainnet: Quai Network Funding Recap
In total, Quai Network has raised $15M from some of crypto's brightest minds who believe in our vision - unifying store of value, DeFi, and digital cash through the Energy Dollar ⚡️💵
It started in 2022 with our seed rounds: @polychaincap led with $8M, followed by @AlumniVentures with $2M. Their early support helped us build the foundation of what Quai is today. That's when our research of PoW scaling led to the birth of Proof-of-Work 2.0, which evolved into Proof-of-Entropy-Minima.
This year, in 2024, we welcomed an incredible group of strategic partners in a $5M round: @MHVentures, @CerasVentures, @CogitentV, @tpcventures, @blackedgecap, @GigaChadVenture, @DexCheck_io, and @GTS_Ventures.
This backing drives our final push to mainnet with continuous research, ecosystem growth, and community building.
Quai Mainnet.
January 2025.
Dive deeper 👇
• Seed round (Polychain): https://t.co/xSKGPkXp8y
• Seed round (Alumni): https://t.co/VwWw40FWVm
• Strategic round: https://t.co/t6oLMEEPxb