Robinhood is seeing active discussion around QUANT, with the token’s market capitalization at $2.02 million. According to Odaily, Quantums has a total of 4,000 completed NFTs and does not use a mint page, whitelist, presale, or early-buy access.
The protocol says it randomly selects one holder each hour based on weighted $QUANT holdings and distributes one NFT. $QUANT and tokenized S&P 500 ETF (SPY) trade in a Uniswap v4 pool, with 2% of each trade going into the SPY reserve pool. Quantum NFTs can be burned at any time to claim a proportional share of SPY from the reserve pool. After all NFTs are distributed, the fee will fall to 1%, and the project will begin buying back and burning $QUANT.