QUARTZ
Quartz
-0.08%
$ 0.07557453
Rank
Name
Price
CAP
Volume 24h
Circulating supply
Change 24h
Graph (7d)
- -Quartz$ 0.07557453$ 554,163-0 QUARTZ-0.08%
Quartz. Price of cryptocurrency: $ 0.07557453
Sandclock is about. Sandclock is a multichain DeFi platform with the objective of creating ultra programmable money by using cutting-edge yield generating strategies. Sandclock opens the programmability of capital by splitting principal from yield and allowing users to create their own strategies.
The Sandclock team has put a lot of time and effort into being compliant, and they are focused on onboarding the next 50 million non-crypto users to web3
About $QuaRTZ. Sandclock has a governance token called $QuaRTZ. There are proposals on the DAO.
The holders of $QuaRTZ will decide how the fees are allocated.
The holders of $QuaRTZ will be able to suggest partnerships.
The $QuaRTZ holders will modify or propose new parameters for the protocol's pools.
However, that isn't the only thing. Most users of on-chain governance have been priced out due to gas costs.
Sandclock is unique, what makes it so?
Here are a few case studies to demonstrate the core functions of the project.
Sandclock has a pitch video.
The case study is about an endowment. Alice creates an endowment on Sandclock so that a portion of the yield goes to her mother. Alice's mom will get funds every month based on the deposit size and duration, with the option to use the funds for grocery shopping.
The second case study is about investment and charity support. John makes enough money to make ends meet. John wants to grow his wealth but also wants to support a local food bank. All of Jon's principal auto-compounds for 5 years will be deposited at Sandclock and 50% of the yield will be donated to his local food bank. John will receive charitable tax receipts as NFTs airdrop to his account.
The third case study is about preserving the NFT floor price. The floor price of NFTs should continue to rise. There are times when certain members of the community are in need of immediate funds and they can sell their NFT for less than the floor price.
Members of the NFT community can use Sandclock to deposit their funds and generate high rates of return on their money. The yield from the community members can be used to purchase the NFT at the floor price, and the new ownership of the NFT can be distributed pro rata to all.
Cash flow challenges are solved in Case Study IV. Women's Shelter is a not-for-profit organization that provides shelter and support for women and families fleeing domestic violence and other crises. They need certainty of monthly cash flow so they can deliver care and support for the women they serve.
Sandclock vaults allow donors to deposit funds and the yield can be used to serve as a constant cash flow to be used for operational uses.
Case Study V is about zero-loss donations. The recent humanitarian crisis in Afghanistan underscored the need for efficient methods to support refugees.
When an individual receives their Refugee Card, they can also receive a Sandclock prepaid spend card.
This example demonstrates a novel mechanism of zero-loss donation and the Sandclock team recently participated in an event at the United Nations General Assembly to speak on the matter.
The design space for Sandclock is infinite.
The Sandclock team has put a lot of time and effort into being compliant, and they are focused on onboarding the next 50 million non-crypto users to web3
About $QuaRTZ. Sandclock has a governance token called $QuaRTZ. There are proposals on the DAO.
The holders of $QuaRTZ will decide how the fees are allocated.
The holders of $QuaRTZ will be able to suggest partnerships.
The $QuaRTZ holders will modify or propose new parameters for the protocol's pools.
However, that isn't the only thing. Most users of on-chain governance have been priced out due to gas costs.
Sandclock is unique, what makes it so?
Here are a few case studies to demonstrate the core functions of the project.
Sandclock has a pitch video.
The case study is about an endowment. Alice creates an endowment on Sandclock so that a portion of the yield goes to her mother. Alice's mom will get funds every month based on the deposit size and duration, with the option to use the funds for grocery shopping.
The second case study is about investment and charity support. John makes enough money to make ends meet. John wants to grow his wealth but also wants to support a local food bank. All of Jon's principal auto-compounds for 5 years will be deposited at Sandclock and 50% of the yield will be donated to his local food bank. John will receive charitable tax receipts as NFTs airdrop to his account.
The third case study is about preserving the NFT floor price. The floor price of NFTs should continue to rise. There are times when certain members of the community are in need of immediate funds and they can sell their NFT for less than the floor price.
Members of the NFT community can use Sandclock to deposit their funds and generate high rates of return on their money. The yield from the community members can be used to purchase the NFT at the floor price, and the new ownership of the NFT can be distributed pro rata to all.
Cash flow challenges are solved in Case Study IV. Women's Shelter is a not-for-profit organization that provides shelter and support for women and families fleeing domestic violence and other crises. They need certainty of monthly cash flow so they can deliver care and support for the women they serve.
Sandclock vaults allow donors to deposit funds and the yield can be used to serve as a constant cash flow to be used for operational uses.
Case Study V is about zero-loss donations. The recent humanitarian crisis in Afghanistan underscored the need for efficient methods to support refugees.
When an individual receives their Refugee Card, they can also receive a Sandclock prepaid spend card.
This example demonstrates a novel mechanism of zero-loss donation and the Sandclock team recently participated in an event at the United Nations General Assembly to speak on the matter.
The design space for Sandclock is infinite.