> For the complete documentation index, see [llms.txt](https://quintes.gitbook.io/quintes/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://quintes.gitbook.io/quintes/introduction/what-is-quintes.md).

# What is Quintes?

Quintes is a next-generation decentralized protocol designed to deliver *target-driven, sustainable yield* through a new financial primitive: QNT.

At its core:

* QNT is an asset that tracks the Quintes Index, a governance-controlled benchmark that rises 0.235% every 3 days, producing an annualized yield of 33%.
* Every QNT is overcollateralized 2:1 by wBTC, ETH, or USDC, making it *fully backed* and *redeemable at any time*.
* Those who stake QNT participate in protocol rewards, powered by proprietary institutional trading strategies managed by veteran traders from leading CeFi firms.

Quintes creates a self-sustaining ecosystem that bridges institutional-grade yield generation with decentralized transparency, unlocking consistent growth in *any* market condition.