# EQTBLT Token

The Equity Built Token (EQTBLT) is the soul-bound equity and governance token of Built By DAO.

***

{% hint style="info" %}

### 🏠 Token Profile

{% endhint %}

|        🏷️ Name        |  🔤 Symbol |        📜 Type        |   💰 Value   |   📊 Supply   |
| :--------------------: | :--------: | :-------------------: | :----------: | :-----------: |
| **Equity Built Token** | **EQTBLT** | **Soul-bound ERC-20** | **\~$1 USD** | **Unlimited** |

{% hint style="info" %}
**🎯 Purpose:** Voting power, earned equity, governance participation

**📤 Transferable:** No — permanently tied to YOUR wallet

**💪 Earned Only:** Cannot be purchased — fair, meritocratic distribution
{% endhint %}

***

{% tabs %}
{% tab title="🎯 What Makes EQTBLT Special" %}

### ⭐ Key Properties

| Property                | What It Means                                         |
| ----------------------- | ----------------------------------------------------- |
| 🔒 **Soul-bound**       | Cannot be transferred or traded — tied to YOUR wallet |
| 💰 **Redeemable Value** | \~$1 USD per token, backed by DAO assets              |
| 🗳️ **Voting Power**    | 1 EQTBLT = base vote, with rank multipliers           |
| 📈 **Earned Only**      | Cannot be purchased — fair, meritocratic              |

***

### 🤔 Why Soul-Bound?

| Benefit                       | Description                       |
| ----------------------------- | --------------------------------- |
| ✅ Prevents vote buying        | Can't purchase governance control |
| ✅ Ensures fair governance     | Power tied to contribution        |
| ✅ Rewards actual contributors | Real work = real ownership        |
| ✅ Creates authentic community | Members have skin in the game     |
| {% endtab %}                  |                                   |

{% tab title="💪 How to Earn" %}

### 🔨 Work Contribution

Every hour you work for Built By DAO earns EQTBLT:

| Work Type            | Typical Rate      |
| -------------------- | ----------------- |
| 🌱 Entry-level tasks | 15-30 EQTBLT/hr   |
| 🔧 Skilled trades    | 40-80 EQTBLT/hr   |
| 💻 Technical work    | 50-100 EQTBLT/hr  |
| 👔 Leadership        | 80-150 EQTBLT/hr  |
| 🏆 Executive         | 120-200 EQTBLT/hr |

***

### 🏠 Rent-to-Equity (Renters)

| Monthly Rent | How It Splits               | Your EQTBLT |
| ------------ | --------------------------- | ----------- |
| $1,500       | 90% Operations / 10% Equity | 150 EQTBLT  |
| $2,000       | 90% Operations / 10% Equity | 200 EQTBLT  |
| $2,500       | 90% Operations / 10% Equity | 250 EQTBLT  |

***

### 📊 Example over 5 Years

| Period       | Rent/Month | EQTBLT Earned | Total Value |
| ------------ | ---------- | ------------- | ----------- |
| 📅 Year 1    | $1,500     | 1,800 EQTBLT  | \~$1,800    |
| 📅 Year 3    | $1,500     | 5,400 EQTBLT  | \~$5,400    |
| 📅 Year 5    | $1,500     | 9,000 EQTBLT  | \~$9,000    |
| {% endtab %} |            |               |             |

{% tab title="🗳️ Voting Power" %}

### 📊 Rank Multipliers

| Rank               | Multiplier |
| ------------------ | ---------- |
| 🌱 Seeker          | 1.00×      |
| 🌿 Apprentice      | 1.05×      |
| 🔧 Contributor     | 1.10×      |
| ⚙️ Operator        | 1.15×      |
| 🎯 Specialist      | 1.20×      |
| 👥 Crew Lead       | 1.30×      |
| 📋 Project Lead    | 1.40×      |
| 🧭 Guide           | 1.50×      |
| 🏘️ Community Lead | 1.60×      |
| ⚓ Anchor           | 1.70×      |
| 🛡️ Steward        | 1.80×      |

***

### 📐 Quadratic Voting

For some decisions, quadratic voting applies:

**Formula:** `Effective votes = √(EQTBLT balance) × Rank multiplier`

**Example:**

* 100 EQTBLT × 1.20 multiplier = 12 effective votes (quadratic)
* vs 120 raw votes (linear)

✅ This prevents whales from dominating votes.
{% endtab %}

{% tab title="💰 Redemption" %}

### 🔄 How Redemption Works

| Step | Action                       |
| ---- | ---------------------------- |
| 1️⃣  | Connect wallet               |
| 2️⃣  | Select EQTBLT amount         |
| 3️⃣  | Confirm transaction          |
| 4️⃣  | Receive \~$1 USDC per EQTBLT |

***

### 📋 Redemption Options

| Option               | Vesting   | Value |
| -------------------- | --------- | ----- |
| 🏠 Down payment      | 6 months  | 100%  |
| 🔄 Property transfer | 6 months  | 100%  |
| 📈 Ownership stake   | 12 months | 100%  |
| 💵 Cash out          | 24 months | 93%\* |

\*Cash out has 5% discount + 2% fee

***

### ⚠️ Important Notes

* 🔥 EQTBLT is burned upon redemption
* 📉 Reduces your voting power
* ⏰ Subject to treasury liquidity
* 📋 Vesting requirements apply
  {% endtab %}

{% tab title="🔒 Soul-Bound Rules" %}

### 🔒 Transfer Rules

| Feature             | Implication                  |
| ------------------- | ---------------------------- |
| 🚫 Non-transferable | Cannot send EQTBLT to others |
| 🚫 Non-tradeable    | No EQTBLT markets exist      |
| ✅ Redeemable        | Can convert to USDC          |
| ✅ Burnable          | Can burn (destroy) tokens    |

***

### ⚙️ Technical Details

| Property    | Value                              |
| ----------- | ---------------------------------- |
| 🔢 Decimals | 0 (whole tokens only)              |
| 📊 Tracking | 1 EQTBLT = 1 EQTBLT (no fractions) |

***

### ⚙️ Minting

Only authorized contracts can mint:

* 📋 Task completion systems
* 🏠 Rent payment processors
* 🎁 Reward distribution contracts

***

### 🔥 Burning

EQTBLT is burned when:

* 💰 Redeemed for USDC
* 🗑️ Manually burned by holder
* ⚙️ Governance decisions
  {% endtab %}

{% tab title="📈 Your Journey" %}

### 📈 EQTBLT Accumulation

| Timeframe | EQTBLT Balance | Dollar Value | Quadratic Votes |
| --------- | -------------- | ------------ | --------------- |
| Month 1   | 100 EQTBLT     | $100         | 10 base         |
| Month 6   | 600 EQTBLT     | $600         | 24 base         |
| Year 1    | 1,200 EQTBLT   | $1,200       | 35 base         |
| Year 5    | 6,000 EQTBLT   | $6,000       | 77 base         |

***

### ⚖️ Comparing EQTBLT and BLTBY

| Aspect        | 🏠 EQTBLT       | 💎 BLTBY           |
| ------------- | --------------- | ------------------ |
| Transferable  | ❌ No            | ✅ Yes              |
| Tradeable     | ❌ No            | ✅ Yes              |
| Primary use   | Voting/Equity   | Utility/Investment |
| Acquisition   | Earn only       | Purchase/Grant     |
| Value         | \~$1 redemption | Market-determined  |
| Supply        | Unlimited       | Capped 7B          |
| {% endtab %}  |                 |                    |
| {% endtabs %} |                 |                    |

***

<details>

<summary>⚙️ Technical Specifications</summary>

| Property      | Value                 |
| ------------- | --------------------- |
| 🏷️ Name      | Equity Built Token    |
| 🔤 Symbol     | EQTBLT                |
| 📜 Type       | ERC-20 (Soul-bound)   |
| 🌐 Network    | Base                  |
| 🔢 Decimals   | 0 (whole tokens only) |
| 📊 Max Supply | Unlimited             |
| 💰 Value      | \~$1 USD (redeemable) |

</details>

***

{% hint style="success" %}

### 🔗 Learn More

* ⚖️ [Dual-Token System](/token-economy/dual-token.md) — How both tokens work together
* 💎 [BLTBY Token](/token-economy/bltby.md) — The utility token
* 🗳️ [Governance Voting](/governance/voting.md) — How voting works
  {% endhint %}

***

## 🔗 Related Pages

{% content-ref url="/pages/UWfCqfINiurNF4sLIHrE" %}
[BLTBY Token](/token-economy/bltby.md)
{% endcontent-ref %}

{% content-ref url="/pages/hOyeBJHMFlGnmmYGCX8P" %}
[Dual-Token System](/token-economy/dual-token.md)
{% endcontent-ref %}

{% content-ref url="/pages/6hlRgEVSNtJTgWnUOpqT" %}
[Overview](/token-economy/tokens.md)
{% endcontent-ref %}


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