QuintX The QuintX token differs markedly from the US and iQ Monetary Tokens. A QuintX token represents a proportionate share ofthe QuintCache—a trust fund maintained by Quintric to hold small transaction fees assessed in Monetary Tokens.
Specifically, a halfpercent fee is deposited in the QuintCache each time a transaction occurs. A halfpercent escrow fee applies as well, for a total one percent charge per transaction, not to exceed 5 Monetary Tokens per Proprietary Quintric White Paper Page 12 of25 transaction. This means that on a 50,000 Quint transfer only a 5 Quint charge would be incurred, while a 50 Quint transfer would result in a 0.50 Quint fee.
QuintX tokens emerge as a by-product ofthe creation ofQuintric Monetary Tokens through the deposit oflegal tender into the system coupled with the generation ofan accompanying crypto token as a receipt. Monetary Token creators can claim an award ofQuintX tokens from any one of a number ofdifferent non-profit entities to which Quintric has an