Part 2: How to Buy Shares in MSVAULT's IPO
Written by
The Qubic Team
Feb 13, 2025
MSVAULT isn’t just a smart contract - it’s an investment opportunity. Instead of being controlled by a single entity, MSVAULT is owned by shareholders, who earn a share of all collected fees.
The IPO is the only chance to buy these shares directly from the smart contract - before they hit the secondary market.
And unlike traditional fixed-price sales, Qubic uses a Dutch auction. This means the price isn’t pre-set - instead, investors compete for shares in a transparent, market-driven process.
WHAT DO MSVAULT SHAREHOLDERS GET?
Owning MSVAULT shares means you earn a percentage of every fee collected by the smart contract. There is no developer fee - 100% of fees are distributed to shareholders.
✔ Revenue from MSVAULT fees – Every vault creation, deposit, withdrawal, and transaction execution generates fees.
✔ Full shareholder control – Fees can be adjusted by shareholders if needed.
✔ Tradeable shares – Once the IPO ends, shares can be bought and sold on Qx.
HOW MSVAULT COLLECTS FEES
Every action within MSVAULT incurs a small fee, which is distributed among shareholders.Important: MSVAULT does not burn coins. All collected fees go directly to shareholders, and shareholders have full control over fee adjustments.
HOW THE MSVAULT IPO WORKS (DUTCH AUCTION)
A Qubic Dutch auction works like this:
1️⃣ The auction starts with all shares available at a high price.
2️⃣ Investors place bids during the IPO, specifying:
How many shares they want.
The maximum price per share they’re willing to pay.
3️⃣ Bids are sorted from highest to lowest.
4️⃣ Shares are allocated starting with the highest bids, moving downward.
5️⃣ Once all shares are allocated, the final price is set - this is the lowest bid that still received shares.
Key Rule: Everyone Pays the Same Price
No matter how high your bid was, all successful bidders only pay the final price per share - the lowest price at which shares were still allocated.
This prevents overpaying while ensuring fair market-driven pricing.
MSVAULT IPO BURN: REDUCING QUBIC SUPPLY
The MSVAULT IPO isn't just distributing shares - it's also reducing the QUBIC supply. A percentage of QUBIC will be permanently burned, removing them from circulation, with the amount being based on the total QUBIC contributed during the IPO.
Why This Matters:
✔ Reduces total supply, potentially increasing QUBIC’s scarcity.
✔ Creates deflationary pressure, benefiting long-term holders.
✔ Strengthens the QUBIC economy, ensuring IPO participation has a lasting effect.
HOW TO PARTICIPATE IN THE MSVAULT IPO
1️⃣ Go to the IPO auction page via the Qubic web wallet.
2️⃣ Ensure you have enough QUBIC to place a bid.
3️⃣ Set your bid. Choose how many shares you want and the maximum price per share you’re willing to pay.
4️⃣ Wait for the auction to conclude.
5️⃣ If your bid was high enough, you receive shares - and only pay the final determined price per share.
Once the IPO ends next Wednesday, MSVAULT activates, and shares become tradeable on Qx.
WHAT HAPPENS AFTER THE IPO?
✔ MSVAULT officially launches - users can create vaults, deposit QUBIC, and transact securely.
✔ Shareholders start earning from MSVAULT’s fees.
✔ Shares become tradable on Qx.
FINAL OPPORTUNITY: THE CLOCK IS TICKING
Once the auction ends, MSVAULT goes live - and after that, shares will only be available through secondary markets.
This is the first and only chance to buy directly from the smart contract before the price is determined by open market trading.
Next Wednesday, the IPO ends. After that, the price is whatever the market decides.
Your move.
Will you be taking part in the MSVAULT IPO? Got further questions about how Qubic’s Dutch Auctions work? Go to the Qubic Discord and Telegram and join the discussion.
