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

# Overview

Native token, supply, fee flow, and stake economics at a glance

QuantumWing's native asset is **QWING** (1 QWING = 10^18 Wei). Every native balance, gas fee, validator reward, and slashing penalty is denominated in QWING. Bridged Ethereum value enters the chain as **QWETH**, a wrapped ERC-20 representation of real ETH locked on Sepolia/mainnet — see [advanced-features/bridge.md](/quantumwing/advanced-features/bridge.md).

## Token roles

| Asset | Where it lives        | Used for                                   |
| ----- | --------------------- | ------------------------------------------ |
| QWING | Native, every account | Gas, transfers, staking, rewards, slashing |
| QWETH | QRC-20 contract       | Bridged ETH; tradable on QWSwap            |
| QUSD  | DeFi primitive        | Stablecoin collateralised by QWING / QWETH |
| QGEN  | Native (alias)        | Older docs may say "QGEN"; same as QWING   |

## Supply model

QWING supply is uncapped. Issuance is bounded by the per-slot reward schedule (`blockchain/consensus/por/rewards.go`):

```go
RewardBlockProposal:  2.0   QWING per proposed block
RewardAttestation:    0.1   QWING per valid attestation
RewardRANDAOReveal:   0.05  QWING per RANDAO reveal
RewardSyncCommittee:  0.2   QWING per sync-committee signature
```

At a 12-second slot interval and 64 active validators, steady-state issuance is on the order of `~1M QWING / year` from proposals plus `~17M QWING / year` from attestations. Both numbers scale linearly with the active validator count and inversely with attestation participation gaps.

## Fee flow

The execution layer charges gas as in Ethereum:

```
totalCost = transferValue + (gasUsed × gasPrice)
```

Legacy single-`gasPrice` transactions: `100% of gasFee → block proposer`. This matches the "validators earn 0.21 QWING per 10k-tx block" metric quoted in the chain's README.

EIP-1559 (shipped, B-4): Type-2 transactions split `baseFee` (burned) + `priorityFee` (to proposer). Both transaction types are accepted in the same block. The relevant constants live in `blockchain/types/transaction.go` and the mempool routes priority fees correctly — see [transactions/eip1559.md](/quantumwing/transactions/eip1559.md).

Dilithium signature verification is **0 gas** by policy. The cost is borne by the validator's CPU budget, not the transaction sender.

## Stake economics

Validator stake is QWING-denominated. The minimum is 32 QWING (lowered from the Ethereum-equivalent 32 ETH for testnet ergonomics). Stake is held in the beacon registry and reduced on slashing.

```
ActiveValidator → can propose, can attest, earns rewards
BannedValidator → 0 rewards, stake frozen for ban duration
EvictedValidator → stake withdrawn after exit queue
```

Slashing penalties (`blockchain/consensus/por/slashing.go`):

```
double_proposal: -50% stake, 30-day ban
double_attest:   -25% stake,  7-day ban
surround_vote:   -25% stake,  7-day ban
invalid_block:   -10% stake,  1-day ban
invalid_vrf:     -15% stake,  3-day ban
downtime:         -5% stake,  no ban
missed_randao:    -1% stake,  no ban
bridge_fraud:   -100% stake,  365-day ban
```

See [slashing.md](/quantumwing/economics/slashing.md) for the offense-detection paths and [rewards.md](/quantumwing/economics/rewards.md) for distribution mechanics.

## Reading on-chain balances

```bash
# Native QWING balance, in Wei
curl http://localhost:8546/api/v1/execution/balance/0x...
# {"balance":"1000000000000000000000000"}   = 1,000,000 QWING

# Convert
balance_wei  / 10^18 = balance_qwing
balance_wei  / 10^9  = balance_gwei
```

## Related

* [rewards.md](/quantumwing/economics/rewards.md) — reward types, distribution, code path
* [slashing.md](/quantumwing/economics/slashing.md) — offenses and penalty computation
* [fee-model.md](/quantumwing/economics/fee-model.md) — gas accounting and EIP-1559 status
* [../transactions/gas-fees.md](/quantumwing/transactions/gas-fees.md) — per-tx fee math


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