This guide covers the QOR token, how to send and receive tokens, query balances, and understand the fee distribution model on QoreChain.
1 QOR = 1,000,000 uqor (10^6)
qor (e.g., qor1abc...xyz)
All on-chain amounts are denominated in uqor. When submitting transactions, always specify amounts in uqor.
To transfer QOR tokens from one account to another:
qorechaind tx bank send <from_address> <to_address> <amount>uqor \
--chain-id qorechain-diana \
--fees 500uqor
Example: Send 5 QOR (5,000,000 uqor) to another address:
qorechaind tx bank send qor1sender... qor1recipient... 5000000uqor \
--chain-id qorechain-diana \
--fees 500uqor
You can also use a key name instead of a raw address for the sender:
Querying Balances
Check the balance of any account:
Example:
Sample output:
This indicates the account holds 15 QOR (15,000,000 uqor).
Transaction fees on QoreChain are distributed across four destinations to align network incentives:
Rewards block producers and secures the network
Permanently removed from supply, creating deflationary pressure
Funds protocol development and ecosystem grants
Distributed proportionally to all delegators
QoreChain implements a multi-channel burn mechanism. QOR tokens are permanently removed from circulation through 10 distinct channels:
The 30% burn portion of every transaction fee
Burned when governance proposals fail to reach quorum or are vetoed
Burned portion of slashed validator stakes
Fee burned on cross-chain bridge transfers
Additional burn applied to flagged spam transactions
Excess inflation beyond target burned at epoch boundaries
Community-initiated token burns via governance proposal
Fees burned on smart contract callback executions
Burned when executing cross-VM (e.g., EVM to CosmWasm) calls
1% of the minimum stake burned when deploying a new rollup
You can query the total burned amount across all channels:
Always double-check recipient addresses before sending tokens. Transactions on QoreChain are irreversible.