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Quai Network stands out as a massively scalable hierarchy of interconnected blockchains specifically designed to provide the necessary transaction throughput for global scaling without compromising on security. The project is built on the vision of establishing a decentralized monetary system that is:

• Decentralized: Empowering users by removing the influence of central authorities.
• Cost-effective: Offering low transaction costs, thus making transactions accessible to a broader audience.
• Fast: Enabling instant settlement of international transactions, thereby enhancing user experience.

At the core of Quai Network are two tokens that play distinct yet complementary roles:

• $QUAI: This is the primary utility token utilized to power decentralized applications (dApps), smart contracts, and diverse decentralized finance (DeFi) solutions within the ecosystem.
• $QI: In contrast, $QI functions as an energy-backed stablecoin, designed to provide a decentralized alternative to conventional banking systems. It is pegged to real-world energy costs, promoting stability and reliability in its use.