Bulletin N° 003Trinity Quant Token
Rev. 1.2Base · Ξ
A technical disclosure · private circulation

The token paper.

An economic, cryptographic, and governance framework for TQT — the reserve instrument of the Trinity Quant treasury, issued on the Base network and custodied under the UBS Private Access Division.

Begin reading
Trinity Quant
Seal
TQT-003
Issuer · Trinity Quant
Base
Seal affixed upon signature ·
custodian confirmation N° UBS-PA-0412-TQT
Instrument
TQT (ERC-20)
Chain
Base Mainnet
Standard
ERC-20 / 18 dec.
Initial supply
5,000,000,000
§ 01Abstract

A reserve instrument, not a speculation.

The Trinity Quant Token (TQT) is the on-chain claim layer for the Trinity Quant treasury. It is not a memetic instrument, nor a growth-narrative token. It is a quiet ledger entry — one that allows private access members to hold a transferable, auditable, and redeemable unit against a share of the firm's quantitative book.

This paper describes, in plain language, how TQT is minted, held, priced, and retired — and why the Base network was chosen as its home.

If a token cannot be retired, it is not a liability. And if it is not a liability, it is a rumour.
— Trinity Quant, Issuance Memo, March 2026
§ 02Principles

Five rules we wrote for ourselves.

  1. 01

    Every token is a claim.

    TQT is redeemable — on a scheduled window — against the net asset value of the Trinity Quant treasury, less fees.

  2. 02

    Nothing is minted in the dark.

    All issuance events are signed by a three-of-five multisig and logged on-chain before circulation.

  3. 03

    The custodian is a bank.

    Treasury reserves are held at UBS under the Private Access Division. The multisig requires a UBS co-signer for any outflow.

  4. 04

    Supply shrinks, never swells.

    The 5,000,000,000 ceiling is hard-coded. The contract has no mint function past deployment. Burns are one-way.

  5. 05

    Holders are not customers.

    They are members. TQT confers read-access to the internal performance ledger, not a marketing dashboard.

§ 03Architecture

Why Base, and not elsewhere.

Base is an L2 built atop Ethereum by Coinbase — regulated, liquid, and settled to the chain that moves the most institutional value on earth. For a private access fund issuing a quiet reserve token, that mattered more than throughput.

We considered Solana. We considered our own appchain. Both were cheaper, faster, and — in our view — less suitable. TQT must settle, not sprint.

Contract — Base mainnet
0x31F1FCAC6D23bEDAe838dB5BA266809D02C2916F
Issued on
Base
Trinity Quant
Base · Coinbase L2
Trinity Quant · TQT issuer
Network
Base · 8453
Standard
ERC-20
Decimals
18
Symbol
TQT
§ 04Tokenomics

Supply, allocation, schedule.

The ceiling is five billion tokens. It will never move. Allocation is divided into four lanes — each locked on a separate vesting clock, each co-signed by the custodian.

Lane
Share
Tokens
UBS Treasury custody
51.6%
2,580,000,000
Circulating — members
29.0%
1,450,000,000
Operational reserve
12.4%
620,000,000
Team & research (4-yr vest)
7.0%
350,000,000
Max supply
5B
Hard-coded ceiling
Emission schedule
None
No new mint post-TGE
Burn mechanism
Quarterly
Against management fees
Redemption window
Monthly
T+3 settlement via UBS
§ 05Utility

What a token unlocks.

Privilege 01

Ledger access.

Holders of 25,000 TQT or more may view the internal, near-real-time performance ledger — previously available only to UBS relationship managers.

Privilege 02

Redemption priority.

During monthly redemption windows, long-dated holders (>180 days) are settled in the earlier tranches.

Privilege 03

Strategy voting.

Members vote on the rebalancing cadence of the equal-weight strategy basket — quarterly, binding for UBS execution.

Privilege 04

Quiet issuance rights.

Holders may transfer TQT to another verified member off-public-venue, preserving privacy while remaining on-chain.

§ 06Governance

The UBS Private Access signature.

Every outflow from the treasury requires three signatures from the Trinity Quant operations multisig and one counter-signature from a designated officer of the UBS Private Access Division. In practice, this means no single engineer, founder, or algorithm can move client capital.

Signer arrangement
Trinity Quant multisig
3-of-5
UBS custody co-signer
1-of-1
Quorum required
4 total
Time-lock
72 hours
Audit cycle
Semi-annual
Auditor
Deloitte (Zurich)
Legal opinion
On file · UBS Legal
Emergency halt
Custodian only
§ 07Risk disclosures

What can go wrong, stated plainly.

  • Market risk. TQT's indicative price floats against the net asset value of the underlying quantitative book. Drawdowns are possible and historical.
  • Smart-contract risk. The contract has been audited, but no audit eliminates residual risk. The emergency-halt function sits with the custodian for a reason.
  • Liquidity risk. Redemption windows are monthly. TQT is not a checking account. Holders who may need capital sooner should not hold it.
  • Regulatory risk. Jurisdictions evolve. Members are responsible for their own tax and reporting posture, and we will cooperate fully with any lawful inquiry.
§ 08Addenda

References & further reading.

  1. i.
    Base Documentation
    base.org/docs
  2. ii.
    ERC-20 Token Standard (EIP-20)
    eips.ethereum.org/EIPS/eip-20
  3. iii.
    UBS Private Access — Custody Addendum
    On file · UBS-PA-0412-TQT
  4. iv.
    Trinity Quant, Issuance Memo
    Internal, March 2026
  5. v.
    Deloitte Zurich — Audit Report N° 18-A
    Available to members on request
Colophon — Set in Instrument Serif & Inter · Printed for private circulation · © MMXXVI Trinity Quant · Issued under the UBS Private Access Division
End of bulletin · N° 003
Next: Bulletin N° 004 — Strategy Deck

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