System Specification — Summary¶
Source: QuantaTrade_AI_System_Specification FINAL.docx.pdf (8 pages, reviewed 2026-04-19)
Classification: CONFIDENTIAL — internal team use
Status of PDF: Appears truncated. Cover advertises Tokenomics, Revenue, Staking, Buyback, Technical Requirements. Only §1–§6.5 are present. Request full version from client for buyback mechanics and technical spec details.
1. Product suite¶
Four products + token:
| Product | Y5 target |
|---|---|
| Exchange (crypto trading) | 100K traders, $11.6M rev |
| Automated Trading (AI bots, 8 tiers, $9.99–$3,999/mo) | ~10K subs, $16.4M rev |
| Intelligence Marketplace (signals, bots, DOM, $99–$499/mo) | 10K subs, $20.3M rev |
| AI Hedge Fund ($10M→$100M AUM, 25% target ROI, 70/30 split) | $7.5M platform profit |
| Licensing (B2B, 10→50 deals, $40K→$65K/yr) | $3.25M rev |
| $QTRA Token | 1.2B supply, 24.6% burned by Y5 |
Y5 gross revenue: $59.0M. Y5 EBITDA: $45.4M (77% margin).
2. Token basics¶
- Contract: ERC-20 on EVM chain (chain TBD — see
tech-decisions.md§1) - Supply: 1,200,000,000 fixed. Mint function permanently disabled.
- Admin: No admin key, no upgrade proxy for the token contract.
- Deployment: Total supply minted at deployment.
3. Token allocation (1.2B total)¶
| Bucket | Tokens | % | Vesting |
|---|---|---|---|
| Private Investor Rounds (5 rounds: Pre-Seed → Private C) | 535,000,000 | 44.58% | 6–30 months |
| Public Round | 45,000,000 | 3.75% | TGE, 100% unlocked |
| Marketing — pre-launch | 80,000,000 | 6.7% | TGE, 6mo vest |
| Marketing — post-launch | 185,000,000 | 15.4% | 12mo cliff, 24mo |
| Treasury & liquidity | 200,000,000 | 16.7% | 6mo cliff, 24mo |
| Team & advisors | 155,000,000 | 12.9% | 12mo cliff, 24mo |
UI rule: do not label unlocked tokens as "available to sell" — use "unlocked" + separate transfer action.
4. Capital raise ($7.883M across 6 rounds)¶
| Round | Tokens | Price | Raised | Step-up |
|---|---|---|---|---|
| Pre-Seed | 130M | $0.0046 | $598K | — |
| Seed | 120M | $0.0065 | $780K | 1.41x |
| Private A | 110M | $0.009 | $990K | 1.38x |
| Private B | 145M | $0.019 | $2,755K | 2.11x |
| Private C | 30M | $0.032 | $960K | 1.68x |
| Public | 45M | $0.040 | $1,800K | 1.25x |
| TOTAL | 580M | $7,883K |
Worst-case TGE ($0.05) ROI: every round profitable (+25% to +987%).
Runway note: $7.883M raised − $4.60M pre-funded defences (§10.1) = ~$3.28M for product + ops until Y1 revenue materialises. Treasury has 6mo cliff — no token liquidity to sell for cash in first 6 months.
5. Revenue model¶
5.1 Exchange fees¶
- Undercuts majors across the board. $QTRA holders get ~78% discount:
- Standard maker/taker: 0.05% / 0.10%
- $QTRA holder: 0.03% / 0.06%
- Fiat on-ramp: 1.50%
- Backend rule: detect $QTRA holdings and apply discount at trade execution, not settlement. Token-economy revenue routed on-chain via immutable revenue router. Operational splits managed internally.
- UI rule: show current tier, exact rates, and $QTRA discount on the trading page — not buried in settings.
5.2 Automated Trading subscriptions¶
- Paid monthly in USDT/USDC.
- 8 tiers: Basic $9.99 (≤$2.5K portfolio) → Institutional $3,999 (unlimited).
- Y5: 9,920 subs, blended ARPU ~$138/mo, annual $16.4M.
- CRITICAL: all tiers get the same AI. Differentiator is portfolio size, not features. Do not name tiers by feature set.
5.3 Intelligence Marketplace¶
- Core $99 / Pro $199 / Elite $499 per month.
- Y5: 10K subs, blended ARPU ~$169/mo, $20.3M.
5.4 Platform Trading Profit¶
- AI hedge fund: $10M → $100M AUM. 25% target ROI. 70/30 investor/platform split. Y5 platform profit $7.5M.
5.5 Licensing¶
- 10 deals Y1 @ $40K/yr → 50 cumulative deals by Y5 @ $65K/yr. Y5 revenue $3.25M.
5.6 Consolidated 5-yr revenue¶
| Stream | Y1 | Y2 | Y3 | Y4 | Y5 | 5-yr |
|---|---|---|---|---|---|---|
| Exchange fees | $1.62M | $3.80M | $6.91M | $9.38M | $11.59M | $33.3M |
| Automated trading | $1.22M | $3.29M | $7.79M | $12.49M | $16.38M | $41.2M |
| Intelligence mkt | $2.03M | $4.89M | $9.79M | $15.99M | $20.28M | $53.0M |
| Trading profit | $0.75M | $1.88M | $3.38M | $5.25M | $7.50M | $18.8M |
| Licensing | $0.40M | $0.90M | $1.54M | $2.40M | $3.25M | $8.5M |
| Gross revenue | $6.02M | $14.76M | $29.40M | $45.51M | $59.00M | $154.7M |
| EBITDA | $1.81M (30%) | $8.12M (55%) | $19.99M (68%) | $33.68M (74%) | $45.43M (77%) | $109.0M |
6. Revenue → Token flow (on-chain routing)¶
Every dollar has a defined destination. Token-economy splits (staker rewards, L1 buybacks) are enforced on-chain by the immutable revenue router. Operational/treasury/retained splits are managed internally (off-chain — would be gas-wasteful on-chain).
| Stream | Stakers | Buyback (L1) | Ops/treasury | Retained |
|---|---|---|---|---|
| Subscriptions (AI + Intel) | 50% | — | 25% | 25% |
| Exchange trading fees | 20% | 10% | 25% ops + 25% treasury | 20% |
| Platform trading profit | 20% | 10% | 30% | 40% |
| Licensing (B2B) | — | 10% | 50% | 40% |
CRITICAL (quoted from spec): "The revenue router is the highest-risk contract in the token-economy layer — a bug misdirects staker or buyback funds. It needs a dedicated audit separate from staking contracts."
7. Staking (summary — full spec in QuantaTrade_Staking_System FINAL.docx)¶
- Revenue-funded reward pool (no inflation). Y5 pool $22.1M, ~37% APY @ 50% adoption.
- Lock tiers: 7d (1.00x) / 30d (1.05x) / 90d default (1.20x) / 6mo (1.40x) / 1y (1.60x).
- Six safeguards (all immutable): 10M token activation threshold, 100 staker min, 2% wallet cap, 1K stake min, $5M treasury floor, continuous accrual.
- 7-day linear reward claim vesting; break = forfeit to pool.
- Open questions tracked in
docs/staking-open-questions.md.
What this spec clarifies (vs earlier docs)¶
Relative to tech-decisions.md and the staking spec review:
- ✓ Subscription/marketplace fees collected in USDT/USDC (resolves one branch of open-question Q2 — the fiat→stablecoin conversion happens at payment ingestion, not in the router).
- ✓ Token contract is hard-immutable at the token layer (no admin, no proxy). Staking/router contract posture still open.
- ✓ Revenue router is a distinct contract from the staking contract, and requires a separate audit. Budget for two audit engagements, not one.
- ✓ Buyback is "L1" — consistent with buyback being a first layer of token demand. Second layer ("L2 buyback") is referenced in the overview ("Two-layer buyback engine burns 24.6% of token supply over 5 years") but the mechanics are not in this PDF — need the full version.
Still missing from this PDF (request from client)¶
- Buyback engine mechanics — two-layer structure, trigger conditions, execution venue, gas/MEV handling.
- Technical requirements section — named on cover but absent in the extract.
- Section 10.1 "Pre-funded defences" breakdown — referenced ($4.60M) but not itemised in this PDF.
- Sections 7–9 or similar — transition from §6.5 to end is abrupt.