tokenomics
QoreChain uses a dual-token economic model centered on the native QOR token, with a sophisticated burn-and-lock mechanism that drives long-term deflationary pressure while rewarding active participants.
Token Basics
Display token
QOR
Base denomination
uqor
Decimal precision
10^6 (1 QOR = 1,000,000 uqor)
Chain ID
qorechain-diana
Bech32 prefix
qor (accounts: qor1..., validators: qorvaloper...)
x/burn -- Multi-Channel Burn Engine
The x/burn module implements a 10-channel token burn system. Every burned token is permanently removed from circulating supply, creating sustained deflationary pressure as network usage grows.
Burn Channels
1
gas_fee
Transaction fees
30% of all gas fees are burned
2
contract_create
Smart contract deployment
Flat 100 QOR fee burned per contract creation
3
ai_service
AI module usage fees
50% of AI service fees burned
4
bridge_fee
Cross-chain bridge fees
100% of bridge fees burned
5
treasury_buyback
Treasury operations
Periodic buyback-and-burn from treasury
6
failed_tx
Failed transaction gas
10% of gas from failed transactions burned
7
xqore_penalty
xQORE early exit penalties
Penalty amounts routed through burn
8
auto_buyback
Automated buyback program
Protocol-level automated burns
9
tge
Token generation event
One-time genesis burns
10
rollup_create
Rollup deployment
1% of rollup creation stake burned
Fee Distribution
All transaction fees collected by the network are split across four destinations:
Validators
40%
Distributed to the active validator set proportional to stake
Burned
30%
Permanently removed from supply via gas_fee burn channel
Treasury
20%
Allocated to the community treasury for governance-directed spending
Stakers
10%
Distributed to all QOR stakers proportional to delegation
The shares are enforced on-chain and must always sum to exactly 100%.
Burn Parameters
gas_burn_rate
0.30
Fraction of gas fees burned (30%)
contract_create_fee
100,000,000 uqor (100 QOR)
Flat burn fee for contract creation
ai_service_burn_rate
0.50
Fraction of AI service fees burned (50%)
bridge_burn_rate
1.00
Fraction of bridge fees burned (100%)
failed_tx_burn_rate
0.10
Fraction of failed TX gas burned (10%)
Each burn event is recorded on-chain with its source, amount, block height, and associated transaction hash. Aggregate statistics are queryable per channel and in total.
x/xqore -- Locked Staking and Governance Amplification
The x/xqore module introduces xQORE, a non-transferable locked-staking derivative. Users lock QOR to mint xQORE at a 1:1 ratio. xQORE holders receive amplified governance power and a share of redistributed exit penalties.
Lock Mechanism
Lock: Send QOR to the xQORE module to mint xQORE at a 1:1 ratio.
Governance weight: xQORE holders receive 2x governance voting power compared to standard QOR stakers.
Non-transferable: xQORE cannot be sent between accounts. It is bound to the locking address.
Exit Penalty Schedule
Early withdrawal from xQORE incurs a penalty that decreases with lock duration:
< 30 days
50%
Half of locked QOR is forfeited
30 -- 90 days
35%
Significant penalty for short-term locks
90 -- 180 days
15%
Reduced penalty for medium-term commitment
> 180 days
0%
Full withdrawal with no penalty
PvP Rebase Redistribution
Penalties collected from early exits are not simply destroyed. Instead, they follow a PvP (player-versus-player) rebase model:
50% of penalty amounts are burned (routed through
x/burnvia thexqore_penaltychannel).50% are redistributed pro-rata to all remaining xQORE holders.
This creates a positive-sum dynamic for long-term holders: every early exit increases the effective value of remaining xQORE positions. Rebases occur every 100 blocks.
xQORE Parameters
governance_multiplier
2.0
Voting power multiplier for xQORE holders
min_lock_amount
1,000,000 uqor (1 QOR)
Minimum QOR required to lock
penalty_burn_rate
0.50
Fraction of exit penalties burned (50%)
rebase_interval
100 blocks
Blocks between PvP rebase events
enabled
true
Module activation flag
x/inflation -- Epoch-Based Emission Schedule
The x/inflation module governs new QOR issuance through a declining emission schedule. Inflation is computed per epoch and distributed to stakers and validators.
Emission Schedule
1
17.5%
Bootstrap phase -- high rewards to incentivize early validators
2
11.0%
Growth phase -- reduced emissions as network stabilizes
3
7.0%
Maturation phase
4
7.0%
Continued maturation
5+
2.0%
Perpetual tail emission for long-term security budget
Epoch Mechanics
Epoch length: 17,280 blocks (~1 day at 5-second block times)
Blocks per year: ~6,311,520
New QOR is minted at the start of each epoch based on the current year's inflation rate and the total bonded supply.
The epoch tracker records the current epoch number, current year, starting block, and cumulative tokens minted.
Inflation Parameters
schedule
5-tier declining
Year-indexed inflation rates (see table above)
epoch_length
17,280 blocks
Blocks per emission epoch
enabled
true
Module activation flag
Deflationary Convergence
QoreChain is designed to reach a net-deflationary crossover point as network adoption grows:
The 10 burn channels ensure that every major network activity removes tokens from supply. As transaction volume, bridge usage, AI service calls, and rollup deployments increase, cumulative burn rates accelerate while inflation declines to a 2% floor.
Module Lifecycle Order
The economic modules execute in a specific order during each block's EndBlocker:
This ordering ensures that burns are finalized before rebases, and rebases complete before new tokens are minted, maintaining consistent economic state transitions.