The component making it possible to create governance-controlled target of 33% annually.
The Quintes Index is the core benchmark of the protocol, a smart tracker that automatically increases every 3 days by 0.235%, producing a governance-controlled annualized yield of ~33%.
This steady growth defines the reference price that QNT follows.
Governance Control
The target yield of 33% is not fixed by code, it is set and adjustable through governance voting by QTS holders. This ensures that the index growth rate remains responsive to evolving market conditions and community consensus.
Growth Calculation
The Quintes Index compounds predictably based on the 3-day incremental growth rate:
Formula Component
Calculation
Result
Growth per period
1 + 0.00235
1.00235
Annual growth factor
(1.00235) ^ 121.6667
≈ 1.330535
Annual return
(1.330535 − 1)
≈ 33.05%
So, over the course of a year, an Index value of 1.00 will grow to approximately 1.33.
Month-by-Month Breakdown
Month
Approx. Days Elapsed
Quintes Index Value
0
0 days
1.000000
1
30 days
1.026165
2
61 days
1.053004
3
91 days
1.080555
4
122 days
1.108833
5
152 days
1.137868
6
182 days
1.167682
7
213 days
1.198298
8
243 days
1.229737
9
274 days
1.262024
10
304 days
1.295180
11
335 days
1.329230
12
365 days
1.330535
This illustrates the smooth compounding trajectory of the Index throughout the year.
Visual Performance
A 12-month performance chart of the Quintes Index can be embedded here to visualize the steady 33% annualized growth curve.