What is q/acc and why we joined the Quadratic Accelerator?
Quadratic Accelerator is a new kind of web3 accelerator enabling community-first, fair launches for web3 projects. The Accelerator uses the q/acc protocol, which combines the power of Quadratic Funding with the advantages of Augmented Bonding Curves to bootstrap and scale token economies with community at their center. This protocol drives long-term value and alignment across protocols, projects, and communities. In addition to a clear tokenization strategy, projects benefit from grants that scale their token economies.
By joining the q/acc program, we’re taking a big step toward achieving our long-term vision. This program allows us to build and scale our token economy and set the stage for community-driven success.
q/acc Program introduces Quadratic Acceleration, a mechanism aimed at improving tokenization in web3 projects by addressing the misalignment of incentives among protocols, projects, and communities. It proposes a model that encourages stakeholder alignment through safeguarded tokenization, open token distribution, and community ownership. The goal is to enable sustainable growth and overcome the challenges of complex token systems, ensuring benefits for all stakeholders while fostering true decentralization.
The q/acc protocol is the logical evolution of web3 grant mechanisms: one that incorporates tokenization and democratizes ownership and access. At a high level, the q/acc protocol:
- directs grant funding into Augmented Bonding Curves (ABC) and liquidity pools on decentralized exchanges.
- engages communities to support these projects and rewards them with project tokens.
- guides projects through tokenization and automates the growth of their secondary market liquidity.
- provides projects with a clear path to graduate off of the ABC
- upon graduation, delivers all funds raised in the reserve pool of the ABC to the project.
Learn more about the q/acc project:
What does q/acc do for our project?
- Strategic tokenization: We receive a grant and hands-on support to launch our project’s token strategically and sustainably—at no cost to us.
- Graduation bonus: Upon completing the q/acc program and our successful graduation from the Augmented Bonding Curve (ABC), we’ll have access to significant capital, boosting our project’s financial position.
- Publicity and marketing: The q/acc team, partners, and Polygon promote our project across the web3 space, giving us incredible exposure to a wide audience.