Built for Hodlers, Not Institutions

Unlike traditional stablecoins, qUSD is designed to put holders’ interests above all.

Backed by U.S. Treasuries and maintained on a regulated platform, our protocol ensures transparency, security, and alignment with every holder.

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The Problem with Traditional Stablecoins

Today, leading stablecoins centralize control over reserves, leaving users uncertain about the backing collateral and whether audits have been performed. OpenMint is different: qUSD is backed by U.S. Treasuries held on a regulated trading platform. As a platform that allows minters to trade and custody these backing assets, we have no conflict of interest with holders and no incentive to misrepresent the collateral. The platform is subject to regulatory oversight and standard custody requirements, ensuring the assets are held transparently and in accordance with applicable law. This aligns our interests with qUSD holders and promotes a user-first stablecoin ecosystem built on transparency and accountability.

OpenMint Roadmap

Phase 0: qUSD Genesis

Launch the core minting mechanism by locking yield-bearing assets.

Phase 1: DeFi Liquidity Layer

Build a Borrow/Lend market on top of existing protocols to grow demand and liquidity.

Phase 2: Institutional Treasury Platform

Partner with custodians to onboard accredited investors and institutions holding Treasuries. Enable leveraged minting of qUSD.

Phase 3: Stablecoin-Backed Neo-Bank

Launch fiat on/off ramps for non-crypto-native users with zero-fee banking and rewards based on balances.

Phase 4: Cross-Chain Expansion

Integrate across multiple blockchains to increase market cap, liquidity depth, and interoperability.

Phase 5: Retail Global Expansion

Obtain the licensing required to open our minting platform to everyone everywhere.

System Architecture & Peg Stability

qUSD is designed to target a $1 peg through protocol mechanisms including reserves, liquidity incentives, and arbitrage participation. Peg maintenance is the protocol’s goal, and users may receive rewards for participation in these mechanisms.

Primary Peg Defense

Dedicated liquid assets deployed to defend the $1 price under normal conditions.

Secondary Peg Defense

Encourages liquidity providers to stabilize the peg under moderate volatility.

Final Peg Defense

Minters can unwind leveraged positions to defend the peg when market price deviates significantly.

Treasury & Risk Management

Risk Management

Track mark-to-market P&L and adjust allowed leverage. Ensure sufficient short-term treasury collateral to enable minter peg intervention.

Governance & Sustainability

Q token holders vote on protocol parameters, helping guide qUSD operations. Participation in governance and protocol mechanisms may generate rewards, but these are subject to protocol and market conditions.

Tokenomics

1,000,000,000 Q tokens minted at genesis. Used for governance and ecosystem coordination within OpenMint.

Allocation	Percentage	Purpose
Foundation Reserve	15%	Held by the Foundation to provide early protocol guidance; permanently locked.
Developers	10%	Allocated to founding engineers over 5 years; bootstraps liquidity and aligns incentives.
Partnership & Ecosystem Incentives	25%	Reserved for strategic partnerships and integrations.
Community Growth Reserve	40%	Distributed through liquidity mining, user incentives, and governance rewards.
Public Sale	10%	Bootstrap protocol liquidity and establish a self-sustaining treasury.

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