Functionality

Valuation

Quarry Value Flow

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graph TD
	style a fill:#ffcc33,stroke:#333,stroke-width:2px
  style b fill:#ffedb3,stroke:#333,stroke-width:2px
  style c fill:#ffe6a6,stroke:#333,stroke-width:2px
  style d fill:#ffdf99,stroke:#333,stroke-width:2px
  style e fill:#ffd88c,stroke:#333,stroke-width:2px
  style f fill:#ffd180,stroke:#333,stroke-width:2px
  style h fill:#ffca73,stroke:#333,stroke-width:2px
  style i fill:#ffd88c,stroke:#333,stroke-width:2px
  style g fill:#ffd88c,stroke:#333,stroke-width:2px
  style k fill:#ffedb3,stroke:#333,stroke-width:2px

a[Real World Assets]
subgraph j[Quarry Capital]
b[Quarry Reserves]
h[Staked $ETH]
i[Real Estate]
end
c[$BTC Miners]
d[$ETH Validators]
e[Reward Wallets]
g[Capital Reserves]
f[$BRCK Holders]
k[$xMRTR Holders]

a -- Rent Recieved --> g
g -- 75% Net Rent --> j

j -- 50% Capital Distribution --> c
j -- 50% Capital Distribution --> d

d -- Validation Rewards --> e
c -- Mining Rewards --> e
e -- 50% Dividends --> f
e -- 25% Dividends --> k
e -- 25% Rewards --> g

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  linkStyle 1 stroke-width:2px,fill:none,stroke-dasharray: 3, 3
  linkStyle 2 stroke-width:2px,fill:none,stroke-dasharray: 3, 3
  linkStyle 3 stroke-width:2px,fill:none,stroke-dasharray: 3, 3
  linkStyle 4 stroke-width:2px,fill:none,stroke-dasharray: 3, 3
  linkStyle 5 stroke-width:2px,fill:none,stroke-dasharray: 3, 3
  linkStyle 6 stroke-width:2px,fill:none,stroke-dasharray: 3, 3
  linkStyle 7 stroke-width:2px,fill:none,stroke-dasharray: 3, 3
  linkStyle 8 stroke-width:2px,fill:none,stroke-dasharray: 3, 3

Retained Value

The Quarry has it’s own sub-reserves of capital, which will have the value brought completely on-chain akin to the main fund. While there needs to be a ‘staging area’ for capital about to be phased into the Quarry, there are two other key elements that maintain & contribute value.

The first is the real estate acquired to run the miners and/or validators, while the second is the $ETH acquired to run the PoS validators. Both of which can be resold, leveraged etc. However, any technology purchased, like $BTC miners are considered akin to outgoings like contractor salaries & thus considered to have zero value after purchase. This is due to complexities on bringing on a true value due the wildly varying depreciation of machines used for such purposes.

$BRCK Value & Dual Dividends

The benefits for $BRCK holders is twofold: Additional value & quarterly assigned dividends, proportional split 50:50 across the capital contained in the reward wallet addresses.

This is a novel approach within Web3 to directly support the infrastructure of both networks, while benefitted from the work doing so which then is directly reflected to holders via an increase amount of capital back the token. The dividend aspect also allows the $BRCK token to compete with standard dividend. paying stocks, allowing using to claim an additional stream of capital without the need to lock up nor sell the token.

A smaller dividend is also provided to $xMRTR holders who stake their $MRTR tokens. This is to reward those who position themselves to take part within the governance of the DAO.

Maintenance

Costs can be covered via the development pool of $MRTR. This will require as much physical maintenance as it will technical, thus reports of the physical & financial status of node network will be published the following quarter, to optimise our network while enhancing transparency.