Why the 8% Emission Re-allocation to the CCF Benefits Everyone
Written by
The Qubic Team
Sep 26, 2024
The proposal to re-allocate 8% of Qubic’s weekly emissions to the Computor Controlled Fund (CCF) is a strategic re-allocation of resources. This re-allocation will ensure a sustainable future for the ecosystem by not only encouraging growth, but also serving as a financial war chest, providing the network with resources to weather tough conditions like bear markets. Here's why this decision will benefit all stakeholders:
Benefits to Miners:
At first glance, miners might perceive the re-allocation as reducing their immediate earnings. However, the long-term perspective reveals that this re-allocation will ultimately benefit all miners.
By strengthening the ecosystem through increased core development, marketing, the Qubic Grants Program, and project growth, miners will benefit from a larger and more active network. As the network grows, demand increases. This growth improves the overall ecosystem, allowing miners to play a crucial role in maintaining a stable and secure network, which in turn supports their participation and success.
This growth could increase network usage, potentially benefiting miners through increased transaction activity and reward over time.
Additionally, the CCF acts as a financial reserve, providing stability during market downturns, ensuring miners continue benefiting from a resilient network.
A thriving ecosystem will lead to higher network usage, therefore benefiting miners.
Benefits to Investors and Shareholders:
For investors, both new and existing, the 8% re-allocation supports Qubic’s long-term sustainability. By focusing on development, marketing, and partnerships, the fund aims to create more opportunities for projects and increase the ecosystem’s overall utility. By having a dedicated reserve in place, Qubic remains resilient in fluctuating market conditions, positioning the network for sustained growth and reduced volatility.
More exposure and listings, improving accessibility
More projects building within the ecosystem
Expanded marketing reach, growing the user base
These efforts contribute to strengthening the ecosystem, potentially enhancing its attractiveness to participants.
Why is this re-allocation Necessary?
The CCF ensures that the ecosystem can invest in its future by funding essential areas like core development and the Qubic Grants Program. These initiatives are designed to grow the size and scope of the network. As the network expands, there may be increased usage, potentially benefiting miners, Computors, and investors alike. This reserve acts as a protective buffer, helping Qubic thrive even during bear markets or unpredictable conditions, ensuring the network’s sustainability.
Conclusion
The 8% emission re-allocation to the CCF is an investment in Qubic's future, ensuring its ability to fund essential growth and maintain stability during challenging times. By securing these resources, Qubic can continue to evolve, delivering long-term benefits to all stakeholders while balancing immediate network needs with future development.