Autonomous Liquidity Contraction
Powered by Solana Token-2022
A fully decentralized, supply-tightening monetary protocol featuring an automated 80% burn rate on withheld transfer fees, instant Crank Bounty payouts, and zero token inflation.
About the Project
pQT Protocol is the first cryptocurrency that brings Central Bank Quantitative Tightening (QT) logic into fully immutable tokenomics on Solana, built on the Token-2022 standard. The protocol uses the built-in Transfer Fee extension and hands the right to withdraw withheld fees to a Program Derived Address (PDA) controlled entirely by the smart contract — full technical details are in the project's README.
1. Fee Accrual (0.05%)
On every $pQT transfer, the Token-2022 program automatically withholds 5 basis points (0.05%) of the transferred amount on the recipient's token account, as a withheld balance (withheld_amount).
2. Decentralized Collection
The withdraw_withheld_authority is assigned to the program's PDA (seeds = [b"vault-authority"]). The PDA has no private key — the program signs on its behalf, so fees can never be withdrawn outside the contract.
3. harvest_and_distribute
Any user or bot can call this public instruction. In a single atomic transaction it harvests withheld fees, burns 80%, pays an instant 15% bounty to the caller, and sends the remaining 5% to the Dev Treasury.
Permissionless by Design
The team holds no separate key for collecting or withdrawing accumulated fees — that operation is only possible through the program itself, and anyone can trigger it. Freeze Authority is permanently revoked. Mint Authority and Fee Config Authority are currently held by the team and will be revoked once tokenomics parameters are finalized; verify the current status anytime with spl-token display or on Solscan.
Smart Contract Interaction Console
Trigger on-chain fee harvesting, collect 15% crank bounty, and execute programmed token burn.
Запускает harvest_and_distribute для указанных аккаунтов: собирает налог, сжигает 80%, отправляет вам 15% награды и 5% в казначейство.
Security & Verification Hub
Verify contract integrity, inspect token security scores, monitor live liquidity pools, and buy directly via verified decentralized platforms.
Fee Distribution Architecture
Every token transfer incurs a transparent 0.05% fee collected in native $pQT tokens and automatically split upon harvest.
🔥 Programmed Burn
The majority of all withheld transfer fees are permanently destroyed on-chain via the token_2022::burn instruction, creating a continuous autonomous deflationary spiral.
⚡ Crank Bounty Reward
An instant financial reward paid out directly to any public wallet or keeper bot that executes the fee harvesting instruction, ensuring decentralized protocol maintenance.
🛡️ Treasury Vault
Transferred directly to a PDA-controlled protocol treasury account to fund RPC infrastructure, custom indexers, security audits, and continuous dApp core developments.
Frequently Asked Questions
Everything you need to know about $pQT mechanics and security.
harvest_and_distribute contract instruction. When invoked, 15% of all accumulated fees across token accounts are instantly sent to the transaction caller's wallet as a bounty.