4. QUXY Token Architecture on Solana

The QUXY token is a native utility and reward token of the QNAX ecosystem, deployed on the Solana blockchain to leverage its high-throughput, low-latency infrastructure. Solana’s scalability, cost-efficiency, and vibrant DeFi ecosystem make it the optimal choice for a performance-driven trading platform like QNAX.

4.1 Token Creation: Technical Implementation

The QUXY token adheres to the SPL Token Standard, Solana’s equivalent of Ethereum’s ERC-20, built using the Solana Program Library. The following outlines the creation process:

1) Prerequisites & Setup To create an SPL token, developers need:

• A Solana wallet (e.g., Phantom or CLI-based keypair)

• Solana CLI installed

• SPL Token CLI installed (@solana/spl-token)

# Install SPL Token CLI if not already

npm install -g @solana/spl-token

2) Token Creation Command

# Create a new SPL token (QUXY) with 9 decimals

spl-token create-token

This returns a token address, which uniquely identifies the QUXY token on Solana (e.g., QUXYTokenAddress123...).

3) Create a Token Account to Hold QUXY

spl-token create-account QUXYTokenAddress123...

4) Minting QUXY Tokens

# Mint 1 billion QUXY tokens (with 9 decimals, so input 1000000000000000)

spl-token mint QUXYTokenAddress123... 1000000000000000

5) Assigning Authorities

# Set mint and freeze authority to a secure multisig wallet or governance program

spl-token authorize QUXYTokenAddress123... mint <AuthorityAddress>

spl-token authorize QUXYTokenAddress123... freeze <AuthorityAddress>

Optional programmatic control of token behavior (vesting, burns, insurance distribution) is implemented using custom Solana smart contracts (programs) written in Rust and deployed via the anchor framework.

Smart Contract Example (Simplified Vesting)

#[derive(Accounts)]

pub struct VestTokens<'info> {

#[account(mut)]

pub user_token_account: Account<'info, TokenAccount>,

#[account(mut)]

pub vesting_account: Account<'info, VestingSchedule>,

pub token_program: Program<'info, Token>,

}

pub fn vest_tokens(ctx: Context<VestTokens>, amount: u64) -> Result<()> {

let vest = &mut ctx.accounts.vesting_account;

let clock = Clock::get()?;

vest.unlock_time = clock.unix_timestamp + 30 * 24 * 3600; // 30 days

// custom logic to restrict transfers until unlock_time

Ok(())

}

4.2 Why Solana? Strategic Advantages of QUXY on Solana

Deploying QUXY on Solana offers significant technical and economic advantages that align with QNAX’s high-performance goals:

1) Ultra-Fast Transactions Solana supports 400ms block times and theoretically 65,000+ TPS, ensuring that QUXY-related reward distributions, insurance claims, and staking interactions occur instantly, without lag or congestion.

2) Minimal Gas Fees Transactions on Solana cost fractions of a cent (typically ~$0.00025), allowing QUXY to facilitate micro-transactions such as rewards for partial trades, partial liquidations, and dynamic incentive adjustments—something impractical on high-fee chains like Ethereum.

3) Robust Ecosystem & Interoperability Solana’s DeFi and NFT ecosystem is deeply integrated with major platforms (e.g., Serum, Jupiter, Raydium), enabling QUXY to be easily paired in liquidity pools, bridges, and reward farming setups without requiring protocol migration or wrapping.

4) Seamless Programmatic Control via Rust Smart contracts on Solana are written in Rust—a highly performant, secure language. This allows QNAX to develop advanced tokenomics mechanics such as:

• On-chain insurance reimbursements for loss events

• Time-locked vesting and staking mechanisms

• Usage-based reward emissions tied to real-time data analysis

5) Scalability for Mass Adoption As QNAX scales to serve thousands of traders globally, Solana ensures the underlying infrastructure remains stable, fast, and affordable—supporting long-term viability of QUXY without protocol limitations or user friction.