HiIQ

For how to use HiIQ see the HiIQ Guide.

HiIQ launched on August 4, 2021, and was created to incentivize IQ holders to become long-term holders who lock up their IQ tokens and get involved in the long-term governance of the IQ token and its ecosystem of dapps. The HiIQ system also allows IQ token holders to receive greater utility and access to IQ dapps, including IQ.wiki, IQGPT.com, and the Agent Tokenization Platform (ATP). The HiIQ staking system allows IQ holders to choose how long they want to lock up their IQ and the number of IQ tokens they would like to stake. The greater the amount of IQ locked and the greater the length of time the tokens are locked the greater the HiIQ balance of the staker. A user's HiIQ balance determines their voting power on governance proposals involving the IQ token and IQ AI ecosystem. Stakers earn additional IQ tokens and benefit from a deflationary model, where platform fees in IQ are burned or redistributed to stakers.

Technical Background

HiIQ is a vesting and yield system based off of Curve’s veCRV mechanism. Users may lock up their IQ for up to 4 years for four times the amount of HiIQ (e.g. 100 IQ locked for 4 years returns 400 HiIQ). HiIQ is not a transferable token nor does it trade on liquid markets. It is more akin to an account-based point system that signifies the vesting duration of the wallet's locked IQ tokens within the protocol. The HiIQ balance linearly decreases as tokens approach their lock expiry, approaching 1 HiIQ per 1 IQ at zero lock time remaining.

Halvening Model

In October 2024, HiIQ stakers voted overwhelmingly in favor of IQIP 20: Building EOAI (Enshrined On-chain AI) with IQ and Implementing Token Burning which updated IQ tokenomics so that halvenings occur every 4 years like Bitcoin and that the emissions were restored to the same levels as in 2022. Under the restored IQ token emissions model, 3 million IQ will be minted each day for HiIQ stakers.

Each day, 350,000 IQ tokens will be minted to incentivize and reward contributors who help train and improve the IQ AI agents, which power the IQ ecosystem and the upcoming EOAI layer. These rewards will support a range of tasks that human contributors can undertake to earn IQ tokens. For example, contributors might compile datasets to improve the quality and accuracy of AI training or add valuable content to IQ.wiki, ensuring that IQ GPT has access to a more extensive and diverse pool of training data. By participating in these tasks, contributors will play a crucial role in enhancing the AI's capabilities and expanding the overall utility of the IQ platform.

4,333,333 IQ will be minted and used to acquire Ethereum, stablecoins, and other assets for the BrainDAO treasury. This will ensure that the IQ token is backed by a diversified portfolio of digital assets during times of volatility. As before, up to 25% of incoming assets to BrainDAO from bonds and the TWAMM can be used by the IQ company to grow and develop the IQ ecosystem. This ensures that the company leading the development of the IQ ecosystem is also diversified like the IQ token itself.

3 million IQ will be minted each day and allocated to the IQ company which is responsible for growing the IQ ecosystem. This ensures that IQ has enough funds to continue to innovate and create value for the IQ ecosystem by building new technology to support the EOAI vision.

Previously 250,000 IQ per day was allocated to incentivizing the Frax-IQ TWAMM however as that pool now receives FXS incentives and BrainDAO itself holds over $4 million in IQ-Frax liquidity these incentives are no longer needed. While BrainDAO has significant protocol-owned liquidity achieving the EOAI vision will require substantial resources. Therefore we propose that this 250,000 IQ per day go toward BrainDAO instead of incentivizing liquidity.

There was 1 million IQ allocated to Brainies an NFT project planned before IQ’s focus shifted towards developing AI applications like IQ GPT and IQ Code as demand for AI products expanded and demand for NFTs declined. With IQ’s focus and success in AI, we propose this 1 million IQ per day go to the IQ company to pursue the development of the EOAI layer.

As the new AI native layer of IQ gains adoption, the amount of IQ burned will increase and over time exceed the amount of IQ being minted. While the emissions will increase in the short term to facilitate more rapid growth and development of the new AI layer, the primary goal of the new tokenomics is for IQ to become deflationary over time and for the supply to decline in the long term.