$QAXE Tokenomics.
A token backed by real mining hardware, with a deflationary model driven by physical hashrate and automated burns.
What is $QAXE?
$QAXE is an ecosystem token on Quai Network that derives its power directly from real mining hardware — Bitaxe, ASIC, GPU — and runs a deflationary (continuously decreasing supply) model. Instead of relying on promises, it is driven by physical hashrate and automated burn contracts.
What is Quaiaxe.com?
Quaiaxe.com is an infrastructure and tracking site for the $QAXE token, built for miners and the community on Quai Network. It specifically supports open-source micro-mining devices like Bitaxe, and routes mining rewards straight into the token’s burn economy.
Key features
- Automated burn engineConnect a device — Bitaxe, ASIC, GPU — and the QUAI it earns automatically buys $QAXE on the open market and burns it, on-chain.
- Hardware & pool integrationStratum server details and live performance tracking for SHA-256, Scrypt and KawPoW devices, Bitaxe included.
- Deflationary tokenomicsSupply continuously falls through burn transactions and the contract’s own fixed deductions — never a discretionary mint.
Transaction fee usage
A fixed 0.5% treasury fee is collected on-chain by the vault contract — that part is enforced by code and cannot be raised. How the treasury then spends what it collects is its own discretion, not something the contract enforces:
Extra burn
Collected fees can be used to buy extra $QAXE from the market and burn it, adding to the deflationary pressure beyond the miner-driven burns.
Liquidity support
A portion of fees can instead go to the $QAXE/QUAI liquidity pool, to deepen liquidity and smooth out trading.
Treasury discretion
The treasury chooses between the two, depending on network needs and market conditions — this choice is off-chain and not something a contract can restrict.
The burn vault contract itself has no owner, no pause and no withdraw function for burn funds — that part is verifiable on-chain, not a promise. See exactly what it can and cannot do on the mechanism page. See the mechanism →
Device & algorithm setup
Bitaxe Gamma, Bitaxe Supra, Bitaxe Ultra
Open-source micro-ASICs, the main group this product is built for: low power, direct contribution to $QAXE burns.
Antminer S19 / S21, Whatsminer M30 / M50, and standard Bitcoin ASICs
For directing large-ASIC TH/s at Quai Network and the $QAXE burn pool.
Antminer L7, L3+, Goldshell LT6
Quai’s multi-algorithm design lets Scrypt hardware earn and burn too — the same StratumX host, on its own port.
Nvidia and AMD mining rigs
Connect a KawPoW / ProgPow rig and its earnings automatically buy and burn $QAXE.
100 QUAI distribution calculator
The exact contract arithmetic, to the wei. Move the amount or the slider — the default (100 QUAI at a burn share of 100%) matches the published table below.
3 important rules
- No going back$QAXE bought from the market and burned is permanently destroyed and cannot be recovered.
- 14-day network timeQuai Network’s own protocol rule: earned QUAI reaches your wallet or the burn contract about 14 days after the share, not sooner and not by our choice.
- Transparent & automatedThe split and the burn are enforced by the contracts, to the wei. Collection and sweeps are permissionless and run by a keeper bot — anyone could trigger them, and no one can redirect the funds.
Setup steps
Choose a nickname
Shown on the leaderboard once your first share is verified.
Copy the settings to your device
Paste the URL, worker and password above into your Bitaxe (Axiom / ESP-Miner), ASIC or GPU rig’s pool settings.