> 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/participating-in-quintes/how-quintes-works.md).

# How Quintes Works

Quintes transforms your crypto assets into productive capital while keeping them fully collateralized and transparently verifiable on-chain.

Here’s the flow in 5 steps:

1. **Deposit Collateral**\
   Lock BTC, ETH, or USDC into a personal vault. These assets remain yours and serve as collateral.
2. **Mint QNT**\
   Generate QNT at a minimum 2:1 collateral ratio, ensuring the system remains overcollateralized and stable.
3. **Earn Growth Automatically**\
   QNT tracks the Quintes Index, which increases by 0.235% every 3 days, delivering a governance-controlled 33% annualized growth rate.
4. **Receive Protocol Rewards**\
   Your collateral contributes to the asset-managed collateral pool, generating yield. When you stake QNT, you also earn protocol rewards distributed from HFT profits and system revenue.
5. **Redeem Anytime**\
   Exchange your QNT back for collateral at any time — a mechanism that ensures price stability and system health.

> In short: *You deposit assets → mint QNT → earn yield → and can exit anytime with full collateral support.*