MrNasdog
QQNT · Quant Network
QNT overview
MrNasdog Pressure Framework · full analysis

QNT — how much QNT moves to market in the next 90 days?

Fixed 14.61M effective cap (set at ICO finalisation Sep 2018). All vesting completed Apr 2020. License fees are redistributed to gateway operators, not burned. The whole 8-cell ledger reads zero.

Setup

QNT is the access token for Overledger, Quant Network's cross-chain interoperability platform. Enterprises pay annual QNT licenses for mDApp access. The ERC-20 contract was deployed in May 2018 with a one-time crowdsale mint of 24M QNT. On Sep 14, 2018the crowdsale was finalised: 9.4M unsold tokens were accounted off the cap, the contract's mint capability was burned, and the effective supply was locked at 14.61M QNT. No mint function exists today.

The original vesting schedule was short. Founders' 1.35M and Advisors' 651K were locked for 12 months from Apr 30, 2019. Both cliffs released on Apr 30, 2020. Public and reserves were 100% unlocked from distribution. There is no remaining vesting overhang.

The most interesting thing about QNT's structure is what it doesn't do. License revenue flows IN to the protocol, but the QNT collected is redistributed proportionally to gateway operators + the Quant treasury. No QNT is destroyed. The mechanism is use-and-redistribute, not use-and-burn. So fee revenue does not reduce circulating supply — the structural buy row that drives BNB / ETH / OKB-style burn ledgers is missing here by design.

The Pressure Framework asks one structural question:

Net 90d % = (sell total − buy total) / circulating × 100

Sell from four sources (protocol inflation, vesting unlocks, corporate discretion, long-term locked / bankruptcy). Buy from four matching sources (programmatic buyback, protocol fee burn, Foundation buying, new long-term locks). For QNT, every single one of the eight rows is zero.

Part 1 · Sell pressuresupply going to market

Last 90 days · sell total
0 QNT
0.00% of circulating
Next 90 days · sell projected
0 QNT
0.00% of circulating
SOURCE #1Protocol inflation
Last 90 days
0
No mint function callable today. The crowdsale finalisation on Sep 14, 2018 permanently burned the contract's mint capability. The effective 14.61M cap cannot be raised.
Next 90 days
0
Same forever — no mechanism exists to mint additional QNT.
SOURCE #2Vesting unlocks
Last 90 days
0
All allocations fully unlocked by Apr 30, 2020. Founders (1.35M) + Advisors (651K) released after a 12-month lock from Apr 30, 2019. Public and reserves were 100% unlocked from distribution.
Next 90 days
0
Same — no remaining vesting overhang exists to release in the window.
SOURCE #3Quant corporate (treasury, ex-customer)
Last 90 days
0
Quant (the UK corporate entity) accrues a treasury slice from license-fee redistributions, but the wallet set is not publicly enumerated and no deployment cadence is published. Same opacity pattern as OKB / BNB corporate treasury. No disclosed corporate sale in the 90-day window.
Next 90 days
0
Same expectation — no announced corporate disposal and no transparency report scheduled.
Is this rule-based? No. If Quant ever publishes a separately-held corporate treasury figure or deployment cadence, the framework will promote this row to a watching · estimate line with a real number. Until then we report zero with an opacity caveat.
SOURCE #4Long-term locked or bankruptcy estate
Last 90 days
0
No bankruptcy estate distributes QNT. No long-term-locked QNT scheduled to unlock in the window.
Next 90 days
0
Same — no lock release on the schedule.

Part 2 · Buy pressuresupply taken off the market

Last 90 days · buy total
0 QNT
0.00% of circulating
Next 90 days · buy projected
0 QNT
0.00% of circulating
SOURCE #1Programmatic buyback
Last 90 days
0
Quant Network has not announced any programmatic buyback of QNT, neither fee-funded nor treasury-funded. License revenue is redistributed, not used to buy QNT back from the open market.
Next 90 days
0
Same — no buyback mechanism is on the public roadmap.
Is this rule-based? No mechanism exists at all. Quant could announce a fee-funded buyback in the future, but as of today there is no structural reason for QNT to be bought back on a schedule.
SOURCE #2Protocol fee burn
Last 90 days
0
QNT license fees are redistributed proportionally to gateway operators + Quant treasury, not burned. The model is structurally different from burn-based value capture (e.g. ETH EIP-1559 or BNB BEP-95) — fees stay in the system, they don't destroy supply.
Next 90 days
0
Same — no burn mechanism announced for Overledger.
SOURCE #3Foundation / DAO buy
Last 90 days
0
No Foundation accumulation programme. Quant is a UK corporate entity, not a Foundation-led DAO; the Chainlink-Reserve-style protocol-owned accumulator does not exist.
Next 90 days
0
Same — no programme announced.
SOURCE #4New long-term lock
Last 90 days
0
No staking contract for QNT. No cap expansion programme. No announced lock-up mechanism that would reduce circulating supply.
Next 90 days
0
Same — no announced lock-up programme.

Net result

Plug the totals back in:

Last 90 days = (0 − 0) / 14.54M × 100 = 0.00% — neutral
Next 90 days = (0 − 0) / 14.54M × 100 = 0.00% — neutral

The ledger is structurally flat in both directions. Supply cannot grow (mint burned 2018), is fully done vesting (Apr 2020), is not being sold by Quant on a published cadence, is not being bought back (no programme), is not being burned (license fees redistribute), and is not being locked long-term (no staking). Eight zero cells — the OKB / DEXE pattern.

What would change this read. Three triggers. One: Quant publishes a corporate treasury transparency report — that lets us populate Sell #3 with a real number. Two: Quant announces a license-revenue-funded buyback or burn — that activates Buy #1 or Buy #2. Three: a future Overledger upgrade introduces a staking lock-up — that activates Buy #4. Until any of those, the framework reads zero.

Cross-check note. The monitor pulls a 90d circulating change of +0.08% — effectively zero, within the framework noise floor (~0.10%). The tiny 11,810-QNT delta is third-party aggregator rounding noise around their hardcoded 14.6M cap, not a real structural movement. ✓ verified.

On-chain quirk worth knowing. If you query the QNT ERC-20 directly, the raw totalSupply() reads 45.47M — not 14.61M. The 9.4M ICO finalisation reduction was an accounting adjustment at crowdsale close, not a literal on-chain burn (the 0xdead address holds essentially zero QNT). Aggregators hardcode the 14.6M effective cap that the framework also uses. The 30.85M delta sits in the deployer / company contract space; it has never moved meaningfully and is functionally non-circulating. The framework intentionally does not back-derive any number from the raw on-chain read.

MrNasdog Pressure Framework analysis of QNT, Metrics 1 & 2. Data + explanation only. Not financial advice. Updated May 28, 2026.