Tokenomics Changelog: v2.1 → v2.2
Why this document exists
In June 2026, LFG Incorporated published an independent Red Team review of QoreChain's tokenomics. Their headline finding was correct: our website still reflected v2.0 figures while the v2.1 PDF contained materially different numbers. That gap was an operational failure on our side, and nobody should have to reconcile two conflicting documents to evaluate $QOR. This changelog lists every material change between v2.0 and v2.1, with the reason for each. From today, the v2.1 document at qorechain.io/whitepaper is the single canonical source. Every figure on the website, dashboard, and in this changelog is reconciled to it.
v2.1 → v2.2 (August 2026)
Version 2.2 was written on listing day for one reason: version 2.1 described a plan, and the network now has a history. Every figure that was a projection has been replaced with a measurement taken from the live chain on 20 August 2026, and every measurement can be reproduced by anyone with a browser.
Amendment, 20 August 2026: team allocations moved into protocol-enforced vesting
Published under the amendment policy of Section 12.4. The three team allocations were delivered from their Association-controlled escrow accounts into on-chain vesting accounts whose release schedules the protocol itself enforces. Cliffs and vesting lengths are unchanged; what changes is the strength of the guarantee: these schedules no longer depend on an Association commitment.
- Core Team540,000,000 QORqor1x82yyerttz0cpkea4jyf04efkhfznf092z456j
- Advisors135,000,000 QORqor1zwtmqzjwhf94rxmf0fghmdlzueay8fmfugqj7s
- Early Team Contributors45,000,000 QORqor1jcakf3kqdw8z002zc97ph3ygq92xnwqljtcu32
Each source escrow retains only a residual fee balance of roughly 19.4 QOR. The Early Team Contributors schedule starts one day after the listing anchor, on 21 August 2026 at 13:00 UTC, due to an immutable start time set at account creation; the deviation is stated here so nobody has to discover it on the explorer.
Corrected
Funding round figures
v2.1 said
One column labelled "Raise", showing the maximum size of each round
v2.2 says
"Round size" and "Subscribed" shown separately, with the final subscribed figure for every round
Why it changed: A column called "Raise" read as capital received. The rounds closed under-subscribed, and the document now says so with exact numbers instead of leaving the maximum size to be read as the outcome.
Seed tranche released at listing
v2.1 said
0% on the published page, 5% on the sale platform
v2.2 says
2% at listing, then the unchanged 12-month cliff and 24 months linear
Why it changed: The two figures were never reconciled against each other. The corrected figure means Seed investors received 2% at listing and then nothing for a full year.
The 80,000,000 QOR Burn Reserve
v2.1 said
80,000,000 QOR, 100% burned at TGE
v2.2 says
80,000,000 QOR never minted: excluded from the genesis account list, so it does not exist on the ledger
Why it changed: Nothing was destroyed, because nothing was ever created. That description is accurate, and the guarantee is stronger: a reserve that was never minted does not depend on trusting a burn transaction that someone has to find.
"Total Supply (Fixed)" renamed "Genesis Supply"
v2.1 said
Total Supply (Fixed): 4,500,000,000 QOR
v2.2 says
Genesis Supply: 4,500,000,000 QOR
Why it changed: QoreChain funds staking rewards through emission, so describing the supply as fixed was not accurate. The network has a governed emission schedule and a burn engine, and both sides are queryable at any time.
Strategic round cliff
v2.1 said
6 months
v2.2 says
12 months
Why it changed: The Strategic round was not opened. Its cliff now matches the core team, so that no strategic investor can exit before the people who built the network.
Advisors vesting schedule
v2.1 said
6-month cliff, 30 months linear
v2.2 says
6-month cliff, 36 months linear
Why it changed: Stretching the schedule reduces the monthly unlock from 4,500,000 QOR to 3,750,000 QOR, a 17% reduction in monthly supply pressure at no cost to anyone.
Liquidity allocations
v2.1 said
A per-venue deployment plan plus a separate market maker line
v2.2 says
A single allocation of 190,000,000 QOR, released by governance only against a secured venue or a signed agreement
Why it changed: The old table named venues where QOR was never deployed. The new line describes only what governance actually releases, and every deployment appears in the monthly supply report.
Vesting anchor
v2.1 said
Schedules anchored to mainnet genesis
v2.2 says
Every schedule anchored to the listing instant, 20 August 2026 at 13:00 UTC
Why it changed: Anchoring to genesis would have started every clock 74 days before anyone could trade. The listing instant is the moment that matters to a holder, and it applies to all rounds without exception.
Implied valuations
v2.1 said
Implied launch market cap ~$5,315,000; post-burn FDV ~$88.4M; FDV/MC ~16.6x
v2.2 says
Removed. The supply ladder contains everything required to compute them
Why it changed: Both figures are derived from a live price and were stale within minutes of trading opening. Publishing them would mean publishing a number that is wrong almost immediately.
Block time
v2.1 said
5 seconds
v2.2 says
2.33 seconds, measured across 100,012 blocks
Why it changed: The old figure came from the configured commit timeout rather than from measurement. The network is faster than we had been claiming.
Downtime slashing penalty
v2.1 said
0.01%
v2.2 says
1%
Why it changed: Internal material carried the penalty as a fraction and it was being read as a percentage. A delegator is entitled to know the real penalty before choosing a validator, not after.
How escrow accounts are described
v2.1 said
Vesting schedules that could be read as protocol locks
v2.2 says
Association commitments, published together with the address holding each balance; buyer allocations sit in protocol-enforced vesting accounts
Why it changed: The distinction matters. The Association's schedules are commitments made visible by published addresses, while a buyer's claimed allocation is enforced by the protocol itself. The document no longer allows the stronger reading where it does not apply.
Added
The full supply ladder
From genesis supply down to tokens held outside project and protocol accounts, with the method for verifying each line printed next to it.
The on-chain address of every allocation bucket
Twenty-nine addresses. Twenty-five held their exact genesis balance on listing day, 74 days after mainnet launch.
The QoreChain Builders Fund
416,091,780 QOR, formed from the unsold retail allocation and the existing Developer Grants allocation, governed by five rules and two approval tracks.
The airdrop mechanism
Monthly tranches from 45 days after listing, each distributed in proportion to quantifiable on-chain activity, with undistributed allocation rolling forward indefinitely.
The full burn engine
AI service fees, bridge fees, failed transactions, the contract creation fee and the protocol-level milestone burns, alongside the gas burn that earlier versions already published.
Emission described as it actually works
Discrete minting events, the 30% burned on creation, and the reconciliation of every emitted token against live module balances.
Protocol parameters
Governance, light node and slashing parameters as enforced by the protocol, with protocol constraints and programme rules explicitly distinguished.
An amendment policy and a monthly supply report
Changes are announced before they take effect and recorded with their reason, prior versions stay accessible, and every bucket's balance and distributions are reported monthly.
A statement of what was delivered before listing
74 days of continuous mainnet operation before QOR traded anywhere, and why the under-subscribed rounds mean a smaller float than a fully subscribed plan would have produced.
Not changed
Participants in every concluded round are unaffected by this version.
- Genesis supply: 4,500,000,000 QOR.
- The 80,000,000 QOR Burn Reserve remains outside the ledger permanently.
- Prices of every concluded round: Seed $0.005, Private $0.010, Public Sale $0.018, Pre-Market $0.020.
- Public Sale and Pre-Market vesting: 15% at listing, 30-day cliff, 6 months linear.
- Private vesting: 5% at listing, 9-month cliff, 21 months linear.
- Seed cliff and linear schedule: 12 months, then 24 months linear.
- Core Team: 0% at listing, 12-month cliff, 48 months linear.
- Advisors and Early Team Contributors: 0% at listing, 6-month cliff.
- Fee distribution: 37% validators, 30% burned, 20% treasury, 10% stakers, 3% light nodes.
- Staking Rewards allocation: 590,000,000 QOR across 48 months.
- Delegation of vesting tokens, and the full liquidity of the rewards they earn.
QoreChain Association (CHE-484.963.998, Rolle, Switzerland) · August 20, 2026
Earlier entry: v2.0 → v2.1
Material changes
Community Distribution allocation
v2.0 said
26% (1,170,000,000 QOR)
v2.1 says
16.33% (735,000,000 QOR)
Why it changed: Public Sale was resized from 450M to 150M QOR and the 135M Launchpad/IDO category was removed entirely. We moved to a community-funded model with a realistic raise target instead of a maximal one; the freed tokens were redirected to Staking Rewards, Liquidity Provision, and Treasury Reserve, which support the network after launch rather than increasing Day 1 sell pressure.
Initial circulating supply at TGE
v2.0 said
~16.3% (734,850,000 QOR)
v2.1 says
~6.0% post-burn (265,775,000 QOR)
Why it changed: Deliberate low-float repositioning. Analysis of 2024–2026 Layer 1 launches indicates low initial float correlates with stronger first-month price stability. Mechanically driven by the smaller Public Sale, deferred airdrop, removed Launchpad category, and larger genesis burn.
Implied launch market cap
v2.0 said
~$14,400,000
v2.1 says
~$5,315,000
Why it changed: Direct consequence of the float reduction at an unchanged $0.02 estimated listing price. We consider the lower figure honest, not cosmetic: it reflects what is actually tradable at listing.
Community Airdrop distribution
v2.0 said
450M QOR, 25% unlocked at TGE, 6 months linear
v2.1 says
450M QOR, deferred to 45 days post-listing, 4 monthly tranches of 25%
Why it changed: Same total allocation. Deferral removes airdrop sell pressure from the critical first weeks of trading and allows sybil filtering per tranche.
Public Sale vesting
v2.0 said
50% at TGE, 3 months linear
v2.1 says
15% at TGE, 30-day cliff, 6 months linear
Why it changed: Protects early price trajectory while keeping terms attractive enough to subscribe. The 30-day cliff covers the window where launch trajectory is established.
Private Round outcome
v2.0 said
270M QOR planned at $0.010
v2.1 says
5M QOR actually sold ($50,000 raised). The unsold 265M was reallocated: 165M to Staking Rewards, 100M to Treasury Reserve
Why it changed: The Private Round did not fill as planned. We are stating that plainly rather than carrying a fictional 270M line item. The shortfall is the main reason v2.1 pivots to a community-funded launch with the Public Sale as the primary raise mechanism.
Strategic Round structure
v2.0 said
180M QOR offered pre-TGE at $0.015, 5% TGE unlock, 6-month cliff, 18 months linear
v2.1 says
180M QOR held in foundation treasury, deferred to a Q3–Q4 2026 round after mainnet metrics exist. Full terms published separately at qorechain.io/strategic-round
Why it changed: Selling a strategic allocation pre-traction means negotiating from weakness. Deferring until TVL, validator count, and transaction volume are observable lets terms be set against real metrics. The full terms document, including custody and disclosure cadence, is published alongside this changelog.
Month 9 cumulative unlocked
v2.0 said
~41.2% of supply
v2.1 says
~24.3% of supply
Why it changed: Lower starting float plus the Private Round reduction shrinks every later cumulative unlock figure.
Month 12 cumulative unlocked
v2.0 said
~45.8%
v2.1 says
~29.4%
Why it changed: Same drivers as above.
Month 18 cumulative unlocked (peak period)
v2.0 said
~57.2%
v2.1 says
~40.7%
Why it changed: Same drivers. The Month 9–18 window remains the highest-risk unlock period and is addressed with staking bonuses, treasury buybacks, OTC facilitation, and milestone burns, detailed in the v2.1 risk section.
Genesis burn
v2.0 said
33.75M QOR (75% of a 45M Burn Reserve)
v2.1 says
80M QOR (100% of an expanded 80M Burn Reserve)
Why it changed: Stronger deflationary commitment at genesis, funded partly by the removed Launchpad allocation.
Staking Rewards pool
v2.0 said
225M QOR
v2.1 says
590M QOR
Why it changed: Receives 200M from the Public Sale resize and 165M from the Private Round reallocation. Extends staking APY runway through Year 5 and beyond.
Liquidity Provision
v2.0 said
90M QOR
v2.1 says
190M QOR
Why it changed: More than doubles launch liquidity depth across DEX pools and market-maker inventory.
Treasury Reserve
v2.0 said
135M QOR
v2.1 says
335M QOR
Why it changed: Receives 200M from the Public Sale and Private Round reallocations. Governance-controlled.
Launchpad/IDO category
v2.0 said
135M QOR, 100% TGE unlock
v2.1 says
Removed
Why it changed: A fully unlocked launchpad tranche was the single largest contributor to Day 1 sell pressure in the v2.0 design.
What did not change
Total supply remains fixed at 4,500,000,000 QOR. The estimated TGE listing price remains $0.02 with the pre-sale at $0.018. The fee distribution remains 37% validators, 30% burned, 20% treasury, 10% stakers, 3% light node operators. Seed and Core Team vesting terms are unchanged (0% TGE, 12-month cliffs).
Process fix
The root cause of the website/PDF divergence was tokenomics figures duplicated across surfaces with no single source of truth. As of this publication, the website and dashboard read from one shared configuration, and an automated check verifies every published figure against the canonical document on each deployment.
On-chain transparency
All main QoreChain Association wallets, including the Strategic Round treasury wallet, will be published on June 22, 2026 on the explorer page at dashboard.qorechain.io. The Strategic Round terms document will be updated with the wallet addresses on the same date, so every allocation described in the canonical tokenomics can be verified on-chain.
QoreChain Association (CHE-484.963.998, Rolle, Switzerland) · June 19, 2026