QOR Strategic Round: Terms

1. Purpose of this document

LFG Incorporated's independent review correctly noted that 180,000,000 QOR sat in treasury reserved for a future round at undisclosed terms. This document closes that gap. It states what the allocation is, where it is held, how it will be sold, and how participants will be disclosed.

2. Allocation

180,000,000 QOR, equal to 4.0% of the fixed 4,500,000,000 QOR total supply. This allocation is defined in the canonical v2.1 tokenomics document and cannot be increased without a published tokenomics revision.

3. Timing

The round is deferred to Q3–Q4 2026, after mainnet metrics (TVL, validator count, transaction volume) are publicly observable. This is deliberate: terms negotiated against real network traction protect existing holders better than terms negotiated against projections.

4. Price and valuation

The Strategic Round price will be no lower than $0.015 per QOR, the reference price stated in the canonical v2.1 tokenomics document, implying a minimum valuation of $67.5M FDV at the round. The final price will be set against observed network traction at the time of the round and may be higher than the floor, never lower. Any change to the floor itself would require a published revision of this document before taking effect.

5. Vesting and lockup

If and when sold, Strategic Round tokens vest as follows, measured from the closing date of each purchase, not from Market TGE:

• 5% unlocked at closing
• 6-month cliff
• 18 months linear vesting thereafter
• Fully vested 24 months after closing

6. Eligibility

• Participation is limited to professional and accredited investors as defined in the participant's jurisdiction, verified during onboarding.
• Excluded: US persons (absent an exemption confirmed in writing by counsel), and persons or entities in jurisdictions subject to SECO, OFAC, EU, or UN sanctions.
• Full KYC/AML verification is mandatory for every participant prior to closing. No exceptions.
• Value-aligned strategic partners (infrastructure operators, ecosystem builders, market makers already engaged with the network) may be prioritised over purely financial participants.

7. Treasury custody (current state of the 180M QOR)

• The 180,000,000 QOR allocation is held in a dedicated QoreChain Association foundation treasury wallet, segregated from operational funds.
• All main QoreChain Association wallets, including this Strategic Round treasury wallet, will be published on June 22, 2026 on the explorer page at dashboard.qorechain.io. This document will be updated with the wallet addresses on the same date.
• Custody model: multisignature wallet (3-of-5) with signers drawn from Association leadership and board oversight. No single individual can move funds.
• Key rotation: signer keys are rotated on any change of signer and reviewed at least annually.
• Once published, the allocation is verifiable on-chain at the listed address and can be monitored by anyone via dashboard.qorechain.io.

8. Unsold or unallocated portion

Any portion of the 180,000,000 QOR not sold by the end of Q4 2026 (December 31, 2026) will be returned to the governance-controlled Treasury Reserve. Once returned, any future use of those tokens requires a public governance vote. They cannot be quietly re-reserved for a later private round.

9. Disclosure cadence

• Round opening and closing will be announced publicly when they occur.
• Within 14 days of each closing, the Association will publish: aggregate amount sold, price, and number of participants.
• Participants acquiring more than 10% of the round will be named publicly. Consent to naming is a condition of participation, obtained at subscription.
• Vesting wallets will be published for on-chain tracking.
• Any amendment to these terms will be published as a dated revision to this document before taking effect.
• This disclosure cadence is reviewed and enforced under the supervision of the Association's legal counsel.

10. Relationship to other documents

This document is subordinate to the canonical v2.1 tokenomics document at qorechain.io/whitepaper. If any conflict arises, the tokenomics document prevails and this document will be corrected. Changes from tokenomics v2.0 are listed at qorechain.io/changelog.